| EWY latest price $79.7800 (1.39%) ($79.1300 - $79.8000) on Mon. Dec. 6, 2021. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 1.32% (three month average) |
RSI | 48 |
Latest Price | $79.7800(1.39%) |
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 -0.5% 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(83%) IDRV(74%) DRIV(70%) EWG(70%) FIVG(68%) |
Factors Impacting EWY price | EWY will decline at least -0.66% in a week (0% probabilities). VIXM(-36%) UUP(-30%) VXX(-8%) IGOV(-4%) UNG(-2%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -0.66% (StdDev 1.32%) |
Hourly BBV | 1.4 () |
Intraday Trend | 0.5% |
| |
|
|