| EWG latest price $32.5200 (-1.33%) ($32.5200 - $32.7400) on Thu. Dec. 9, 2021. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 0.94% (three month average) |
RSI | 30 |
Latest Price | $32.5200(-1.33%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | EWG advances 0.3% a day on average for past five trading days. |
Weekly Trend | EWG declines -1.4% a week on average for past two weeks. |
Market Behavior | Broad based sell-off for large cap. Broad based sell-off for small cap. |
Correlated ETFs | Broad market will support EWG advance at 0% a week (0% probability) EWI(93%) EWP(88%) IDRV(76%) SPY(76%) DRIV(75%) |
Factors Impacting EWG price | EWG will decline at least -0.47% in a week (0% probabilities). UUP(-41%) VIXM(-39%) VXX(-8%) TBT(-4%) IGOV(0%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -0.47% (StdDev 0.94%) |
Hourly BBV | -1.6 () |
Intraday Trend | -0.6% |
| |
|
|