| EWY latest price $61.3600 (-3.02%) ($61.0900 - $63.3900) on Fri. Jan. 28, 2011. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 1.55% (three month average) |
RSI | 49 |
Latest Price | $61.3600(-3.02%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | EWY advances 0.1% a day on average for past five trading days. |
Weekly Trend | EWY advances 0.2% 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(87%) VWO(80%) SPY(72%) EWG(71%) FXI(70%) |
Factors Impacting EWY price | EWY will decline at least -0.775% in a week (0% probabilities). TLT(-27%) SHY(-4%) TIP(-2%) IGOV(11%) GLD(14%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -0.775% (StdDev 1.55%) |
Hourly BBV | 0 () |
Intraday Trend | -3.1% |
| |
|
|