| EWY latest price $60.3000 (0.72%) ($59.4400 - $60.3650) on Fri. Nov. 10, 2023. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 1.44% (three month average) |
RSI | 59 |
Latest Price | $60.3000(0.72%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | EWY advances 0.2% a day on average for past five trading days. |
Weekly Trend | EWY advances 4.4% 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) SMH(95%) SPY(90%) EEM(80%) IVE(73%) QQQ(73%) |
Factors Impacting EWY price | EWY will decline at least -0.72% in a week (0% probabilities). VXX(-49%) VIXM(-43%) UUP(-28%) TBT(-10%) UNG(-8%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -0.72% (StdDev 1.44%) |
Hourly BBV | 0.5 () |
Intraday Trend | 1% |
| |
|
|