| EWG latest price $27.4300 (0%) ($27.2800 - $27.8700) on Thu. Mar. 23, 2023. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 1.27% (three month average) |
RSI | 44 |
Latest Price | $27.4300(0%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | EWG advances 0.4% a day on average for past five trading days. |
Weekly Trend | EWG declines -1.1% a week on average for past two weeks. |
Market Behavior | Value stocks sell-off for large cap. Value stock sell-off for small cap. |
Correlated ETFs | Broad market will support EWG advance at 0% a week (0% probability) EWI(91%) EWP(85%) VT(82%) IVE(72%) SPY(71%) |
Factors Impacting EWG price | EWG will decline at least -0.635% in a week (0% probabilities). VXX(-58%) VIXM(-58%) UUP(-42%) TBT(-14%) BNDX(-4%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -0.635% (StdDev 1.27%) |
Hourly BBV | -1.1 () |
Intraday Trend | -1% |
| |
|
|