| EWY latest price $58.6300 (4.18%) ($57.8000 - $58.7200) on Wed. Jun. 3, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 4.34% (three month average) |
RSI | 78 |
Latest Price | $58.6300(4.18%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | EWY advances 2.1% a day on average for past five trading days. |
Weekly Trend | EWY advances 4.2% 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 EWY advance at 0% a week (0% probability) EEM(82%) IDRV(72%) EWG(66%) SPY(65%) EWJ(64%) |
Factors Impacting EWY price | EWY will decline at least -2.17% in a week (0% probabilities). VIXM(-39%) UUP(-31%) VXX(-15%) TLT(-6%) UNG(0%) |
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 | -2.17% (StdDev 4.34%) |
Hourly BBV | 1.4 () |
Intraday Trend | 1.4% |
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