| EWG latest price $23.2400 (-1.4%) ($23.2350 - $23.5000) on Tue. Aug. 2, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.98% (three month average) |
RSI | 65 |
Latest Price | $23.2400(-1.4%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | EWG advances 0.7% a day on average for past five trading days. |
Weekly Trend | EWG advances 2.5% a week on average for past two weeks. |
Market Behavior | Value stocks sell-off for large cap. Normal for small cap. |
Correlated ETFs | Broad market will support EWG advance at 0% a week (0% probability) EWI(92%) EWP(87%) SPY(79%) IVE(78%) IWD(77%) |
Factors Impacting EWG price | EWG will decline at least -0.99% in a week (0% probabilities). UUP(-34%) VIXM(-19%) TBT(-16%) VXX(-2%) EDOC(0%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
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Relative Volatility | (options are extremely cheap) |
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Market Trend Strength | -0.99% (StdDev 1.98%) |
Hourly BBV | -1.6 () |
Intraday Trend | -0.8% |
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