| EWY latest price $64.5000 (1.08%) ($64.1250 - $64.7900) on Fri. Sep. 11, 2020. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 1.36% (three month average) |
RSI | 60 |
Latest Price | $64.5000(1.08%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | EWY advances 0.4% 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 | Value stock rally for large cap. Growth stock 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(65%) SPY(65%) |
Factors Impacting EWY price | EWY will decline at least -0.68% in a week (0% probabilities). VIXM(-38%) UUP(-31%) VXX(-13%) IGOV(-6%) TLT(-4%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -0.68% (StdDev 1.36%) |
Hourly BBV | -0.2 () |
Intraday Trend | -0.2% |
| |
|
|