| KWEB latest price $74.7400 (0.78%) ($74.0500 - $74.9200) on Fri. Apr. 16, 2021. |
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| Trend Analysis and Forecast |
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Trend Pattern | Growing Downtrend |
Trend Narrative | Growing Downtrend |
Average Daily Price Swing | $3.19 (4.14% one month average) |
Average Daily Percentage Swing | 3.03% (three month average) |
Weekly Trend Force | -0.5% (StdDev 3.03%) |
Daily Moving Force | -0.2% |
Rebound Strength | None(0%) |
Hourly Trend Strength | -0.24% |
Trend | -0.36% |
Trend Strength | -1.3% |
Trend Clarity | -0.12(-0.5/3.19/77.02) |
RSI | 49 |
Momentum | 1.4 |
Latest Price | $74.7400(0.78%) |
Forecasted Low Price | 73.62(-1.5%) |
Forecasted High Price | 75.34(0.8%) |
Direction of Next Movement | Range(5.5511151231258E-17%) |
% Change Needed to Confirm Rebound | 0.9% ((75.42)) |
% Change Needed for Trend Reversal | 3.2% |
Hourly Trend | -0.2% [$74.49(-0.12), $74.64(-0.17)] |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Complacency | 2 |
Intraday Reversal Probability | N/A. |
Daily Trend | KWEB declines -0.3% a day on average for past five trading days. |
Weekly Trend | KWEB declines -1.2% a week on average for past two weeks. |
Market Behavior | Value stock rally for large cap. Normal for small cap. |
Correlated ETFs | Broad market will support KWEB advance at 0.4% a week (93% probability) MCHI(96%) FXI(92%) BOTZ(90%) EEM(87%) VWO(86%) |
Factors Impacting KWEB price | KWEB will advance at least 0.3% in a week (55% probabilities). UUP(-77%) TBT(-57%) XLF(-44%) XLE(-39%) OIH(-32%) |
Explanation | The decline is not sustainable and not supported by the broad market. |
Trading Plan | Not Available |
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Valuation to SPY | -1.3 |
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Relative Volatility | -1.6 (options are cheap) |
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Market Trend Strength | 0.2% (StdDev 3.03%) |
Hourly BBV | 1 () |
Intraday Trend | -0% |
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