| EWY latest price $29.7700 (2.34%) ($29.5000 - $30.1700) on Tue. Jan. 6, 2009. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 7.97% (three month average) |
RSI | 66 |
Latest Price | $29.7700(2.34%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | EWY advances 1.3% a day on average for past five trading days. |
Weekly Trend | EWY advances 0.8% 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(88%) VWO(82%) SPY(74%) EWG(73%) FXI(73%) |
Factors Impacting EWY price | EWY will decline at least -3.985% in a week (0% probabilities). TLT(-29%) SHY(-10%) TIP(-5%) GLD(13%) LQD(16%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -3.985% (StdDev 7.97%) |
Hourly BBV | 0 () |
Intraday Trend | 0.2% |
| |
|
|