| EWY latest price $73.8500 (5.48%) ($72.1800 - $73.8500) on Tue. Nov. 6, 2007. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 2.41% (three month average) |
RSI | 59 |
Latest Price | $73.8500(5.48%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | EWY advances 0.4% a day on average for past five trading days. |
Weekly Trend | EWY advances 2.6% a week on average for past two weeks. |
Market Behavior | Normal for large cap. Normal for small cap. |
Correlated ETFs | Broad market will support EWY advance at 0% a week (0% probability) EEM(89%) VWO(84%) FXI(78%) SPY(76%) EWG(74%) |
Factors Impacting EWY price | EWY will decline at least -1.205% in a week (0% probabilities). TLT(-29%) SHY(-18%) TIP(-9%) GLD(12%) LQD(16%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -1.205% (StdDev 2.41%) |
Hourly BBV | 0 () |
Intraday Trend | 1.7% |
| |
|
|