| EWY latest price $59.6900 (-1.29%) ($58.9600 - $59.7700) on Fri. Mar. 24, 2023. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 1.69% (three month average) |
RSI | 44 |
Latest Price | $59.6900(-1.29%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | EWY advances 0.5% a day on average for past five trading days. |
Weekly Trend | EWY advances 0.7% 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(81%) VWO(73%) VT(72%) SPY(66%) IDRV(64%) |
Factors Impacting EWY price | EWY will decline at least -0.845% in a week (0% probabilities). VIXM(-52%) VXX(-49%) UUP(-32%) TBT(-11%) SHY(-6%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -0.845% (StdDev 1.69%) |
Hourly BBV | -0.4 () |
Intraday Trend | 0.9% |
| |
|
|