| EWY latest price $68.8200 (2.03%) ($67.5500 - $69.1500) on Wed. Nov. 4, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.36% (three month average) |
RSI | 60 |
Latest Price | $68.8200(2.03%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | EWY advances 0.9% a day on average for past five trading days. |
Weekly Trend | EWY declines -0.2% a week on average for past two weeks. |
Market Behavior | Growth stock rally for large cap. Rotation from value to growth for small cap. |
Correlated ETFs | Broad market will support EWY advance at 0% a week (0% probability) EEM(82%) IDRV(72%) DRIV(69%) EWG(65%) FIVG(65%) |
Factors Impacting EWY price | EWY will decline at least -0.68% in a week (0% probabilities). VIXM(-38%) UUP(-31%) VXX(-13%) TLT(-3%) EDOC(-3%) |
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 | -0.68% (StdDev 1.36%) |
Hourly BBV | 1.2 () |
Intraday Trend | 1.8% |
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