| VWO latest price $56.4900 (0.25%) ($56.0950 - $56.5000) on Wed. Feb. 17, 2021. |
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| Trend Analysis and Forecast |
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Trend Pattern | Growing Uptrend |
Trend Narrative | Uptrend |
Average Daily Price Swing | $1.28 (2.35% one month average) |
Average Daily Percentage Swing | 1.09% (three month average) |
Weekly Trend Force | 0.4% (StdDev 1.09%) |
Daily Moving Force | 0.3% |
Correction Force | Weak (0%) |
Hourly Trend Strength | 0.05% |
Trend | 0.54% |
Trend Strength | 1.7% |
Trend Clarity | 0.17(0.4/1.28/54.47) |
RSI | 80 |
Momentum | 2.2 |
Latest Price | $56.4900(0.25%) |
Forecasted Low Price | 56.32(-0.3%) |
Forecasted High Price | 57.05(1%) |
Direction of Next Movement | Higher(0.8%) |
% Change Needed to Confirm Correction | 0.9% (55.96) |
% Change Needed for Trend Reversal | 2.5% |
Hourly Trend | 0.3% [$56.4(0.15), $56.24(0.19)] |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Complacency | 10 |
Intraday Reversal Probability | N/A. |
Daily Trend | VWO advances 0.4% a day on average for past five trading days. |
Weekly Trend | VWO advances 3.1% a week on average for past two weeks. |
Market Behavior | Value stock rally for large cap. Broad based sell-off for small cap. |
Correlated ETFs | Broad market will support VWO advance at 0.2% a week (95% probability) EEM(99%) MCHI(95%) FXI(94%) KWEB(88%) EWY(82%) |
Factors Impacting VWO price | VWO will decline at least -0.1% in a week (45% probabilities). VXX(-54%) UUP(-49%) VIXM(-41%) TBT(-12%) ROBT(-5%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
Trading Plan | Not Available |
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Valuation to SPY | 2.1 |
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Relative Volatility | 0.2 (options are faily valued) |
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Market Trend Strength | 0.5% (StdDev 1.09%) |
Hourly BBV | -3 () |
Intraday Trend | 0.2% |
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