| EWY latest price $59.8700 (-0.99%) ($59.7300 - $60.7800) on Thu. Nov. 9, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.44% (three month average) |
RSI | 59 |
Latest Price | $59.8700(-0.99%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | EWY advances 0.6% a day on average for past five trading days. |
Weekly Trend | EWY advances 4% a week on average for past two weeks. |
Market Behavior | Broad based sell-off for large cap. Broad based sell-off for small cap. |
Correlated ETFs | Broad market will support EWY advance at 0% a week (0% probability) SPY(88%) EEM(80%) QQQ(72%) IVE(69%) VT(67%) |
Factors Impacting EWY price | EWY will decline at least -0.72% in a week (0% probabilities). VXX(-35%) VIXM(-35%) UUP(-30%) UNG(-17%) TBT(-12%) |
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 | -0.72% (StdDev 1.44%) |
Hourly BBV | -1.3 () |
Intraday Trend | -1.1% |
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