| EWY latest price $60.1300 (2.98%) ($59.6100 - $60.2000) on Mon. Jul. 6, 2020. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 2.02% (three month average) |
RSI | 81 |
Latest Price | $60.1300(2.98%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | EWY advances 1.1% a day on average for past five trading days. |
Weekly Trend | EWY advances 1.2% a week on average for past two weeks. |
Market Behavior | Broad based rally for large cap. Normal for small cap. |
Correlated ETFs | Broad market will support EWY advance at 0% a week (0% probability) EEM(82%) IDRV(72%) EWG(65%) EWJ(64%) FIVG(64%) |
Factors Impacting EWY price | EWY will decline at least -1.01% 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 | -1.01% (StdDev 2.02%) |
Hourly BBV | 1.3 () |
Intraday Trend | 0.7% |
| |
|
|