| EWG latest price $29.5100 (-0.1%) ($29.4850 - $29.6000) on Fri. Dec. 22, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 0.99% (three month average) |
RSI | 70 |
Latest Price | $29.5100(-0.1%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | EWG advances 0.2% a day on average for past five trading days. |
Weekly Trend | EWG advances 1% a week on average for past two weeks. |
Market Behavior | Value stock rally for large cap. Broad based rally for small cap. |
Correlated ETFs | Broad market will support EWG advance at 0% a week (0% probability) EWI(95%) EWP(95%) VT(94%) XRT(93%) ARKK(92%) |
Factors Impacting EWG price | EWG will decline at least -0.495% in a week (0% probabilities). VXX(-67%) VIXM(-59%) UUP(-18%) TBT(-6%) BNDX(14%) |
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 | -0.495% (StdDev 0.99%) |
Hourly BBV | 0 () |
Intraday Trend | -0.3% |
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