| EWG latest price $35.5700 (0%) ($35.4500 - $35.6180) on Fri. May. 21, 2021. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 0.99% (three month average) |
RSI | 54 |
Latest Price | $35.5700(0%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | EWG advances 0.1% a day on average for past five trading days. |
Weekly Trend | EWG advances 0.9% a week on average for past two weeks. |
Market Behavior | Rotation from growth to value for large cap. Value stock rally for small cap. |
Correlated ETFs | Broad market will support EWG advance at 0% a week (0% probability) EWI(92%) EWP(86%) IDRV(76%) SPY(76%) DRIV(75%) |
Factors Impacting EWG price | EWG will decline at least -0.495% in a week (0% probabilities). UUP(-42%) VIXM(-41%) VXX(-11%) TBT(-1%) IGOV(-1%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -0.495% (StdDev 0.99%) |
Hourly BBV | 0.9 () |
Intraday Trend | -0% |
| |
|
|