| VWO latest price $53.4200 (-0.95%) ($53.2850 - $53.6900) on Tue. Mar. 2, 2021. |
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| Trend Analysis and Forecast |
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Trend Pattern | Rebound |
Trend Narrative | Correction |
Average Daily Price Swing | $1.12 (2.04% one month average) |
Average Daily Percentage Swing | 1.21% (three month average) |
Weekly Trend Force | -0.4% (StdDev 1.21%) |
Daily Moving Force | 0.2% |
Rebound Strength | None(0%) |
Hourly Trend Strength | 0.62% |
Trend | -0.3% |
Trend Strength | -0.6% |
Trend Clarity | -0.2(-0.4/1.12/54.77) |
RSI | 39 |
Momentum | 1.7 |
Latest Price | $53.4200(-0.95%) |
Forecasted Low Price | 53.15(-0.5%) |
Forecasted High Price | 53.74(0.6%) |
Direction of Next Movement | Range(0.3%) |
% Change Needed to Confirm Rebound | 2% ((54.49)) |
% Change Needed for Trend Reversal | 2.5% |
Hourly Trend | 0.8% [$53.63(0.42), $53.43(-0.15)] |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Complacency | 2 |
Intraday Reversal Probability | N/A. |
Daily Trend | VWO declines -0.5% a day on average for past five trading days. |
Weekly Trend | VWO declines -2.3% a week on average for past two weeks. |
Market Behavior | Growth stock sell-off for large cap. Broad based sell-off for small cap. |
Correlated ETFs | Broad market will support VWO decline at-0.1% a week (95% probability) EEM(99%) FXI(95%) MCHI(94%) KWEB(88%) EWY(85%) |
Factors Impacting VWO price | VWO will advance at least 0.1% in a week (52% probabilities). VXX(-57%) UUP(-53%) VIXM(-50%) TBT(-14%) OIH(5%) |
Explanation | The decline is not sustainable and not supported by the broad market. |
Trading Plan | Not Available |
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Valuation to SPY | -1.6 |
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Relative Volatility | -0.2 (options are faily valued) |
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Market Trend Strength | -0.4% (StdDev 1.21%) |
Hourly BBV | -0.7 () |
Intraday Trend | -0.4% |
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