| EWY latest price $57.0700 (-0.57%) ($56.9100 - $57.7700) on Fri. Jun. 26, 2020. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 2.5% (three month average) |
RSI | 37 |
Latest Price | $57.0700(-0.57%) |
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 declines -1% a week on average for past two weeks. |
Market Behavior | Broad based sell-off for large cap. Broad based sell-off for small cap. |
Correlated ETFs | Broad market will support EWY advance at 0% a week (0% probability) EEM(82%) IDRV(72%) EWG(65%) FIVG(64%) SPY(64%) |
Factors Impacting EWY price | EWY will decline at least -1.25% in a week (0% probabilities). VIXM(-38%) UUP(-31%) VXX(-14%) TLT(-5%) UNG(0%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -1.25% (StdDev 2.5%) |
Hourly BBV | -0.9 () |
Intraday Trend | -1% |
| |
|
|