| EWY latest price $90.5300 (2.5%) ($89.7300 - $90.6600) on Tue. Jan. 5, 2021. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 1.35% (three month average) |
RSI | 76 |
Latest Price | $90.5300(2.5%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | EWY advances 1.8% a day on average for past five trading days. |
Weekly Trend | EWY advances 3.6% a week on average for past two weeks. |
Market Behavior | Broad based 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%) DRIV(68%) EWG(65%) FIVG(65%) |
Factors Impacting EWY price | EWY will decline at least -0.675% in a week (0% probabilities). VIXM(-38%) UUP(-30%) VXX(-13%) TLT(-2%) UNG(1%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -0.675% (StdDev 1.35%) |
Hourly BBV | 1.2 () |
Intraday Trend | 0.8% |
| |
|
|