| EWY latest price $62.2500 (-0.84%) ($62.1100 - $62.4300) on Fri. Nov. 17, 2023. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 1.49% (three month average) |
RSI | 71 |
Latest Price | $62.2500(-0.84%) |
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 3.9% a week on average for past two weeks. |
Market Behavior | Normal for large cap. Broad based rally for small cap. |
Correlated ETFs | Broad market will support EWY advance at 0% a week (0% probability) IVE(90%) QQQ(90%) EEM(85%) VT(80%) BOTZ(78%) |
Factors Impacting EWY price | EWY will decline at least -0.745% in a week (0% probabilities). VXX(-38%) UUP(-33%) VIXM(-24%) TBT(-16%) UNG(5%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -0.745% (StdDev 1.49%) |
Hourly BBV | -1.2 () |
Intraday Trend | -0.1% |
| |
|
|