| EWG latest price $17.4000 (2.72%) ($17.1400 - $17.4800) on Wed. Dec. 10, 2008. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 5.56% (three month average) |
RSI | 65 |
Latest Price | $17.4000(2.72%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | EWG advances 1.3% a day on average for past five trading days. |
Weekly Trend | EWG advances 3.4% a week on average for past two weeks. |
Market Behavior | Normal for large cap. Normal for small cap. |
Correlated ETFs | Broad market will support EWG advance at 0% a week (0% probability) EWI(89%) EWP(85%) SPY(82%) EEM(80%) VWO(78%) |
Factors Impacting EWG price | EWG will decline at least -2.78% in a week (0% probabilities). TLT(-33%) SHY(-10%) TIP(-6%) GLD(13%) LQD(16%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
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Relative Volatility | (options are extremely cheap) |
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Market Trend Strength | -2.78% (StdDev 5.56%) |
Hourly BBV | 0 () |
Intraday Trend | 0.8% |
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