| EWG latest price $25.7000 (1.62%) ($25.5600 - $26.1570) on Tue. Dec. 13, 2022. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 1.99% (three month average) |
RSI | 63 |
Latest Price | $25.7000(1.62%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | EWG advances 0.5% a day on average for past five trading days. |
Weekly Trend | EWG advances 0.6% a week on average for past two weeks. |
Market Behavior | Growth stock rally for large cap. Growth stock rally for small cap. |
Correlated ETFs | Broad market will support EWG advance at 0% a week (0% probability) EWI(90%) EWP(84%) EEM(72%) IVE(72%) SPY(71%) |
Factors Impacting EWG price | EWG will decline at least -0.995% in a week (0% probabilities). TBT(-9%) BND(-7%) UNG(-4%) XLP(2%) VXX(2%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -0.995% (StdDev 1.99%) |
Hourly BBV | 1.3 () |
Intraday Trend | -1.4% |
| |
|
|