| EWG latest price $20.3200 (1.55%) ($19.6100 - $20.3800) on Fri. Aug. 26, 2011. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 2.9% (three month average) |
RSI | 52 |
Latest Price | $20.3200(1.55%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | EWG advances 0.7% a day on average for past five trading days. |
Weekly Trend | EWG declines -1.7% 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(88%) EWP(84%) SPY(79%) EEM(77%) IWM(75%) |
Factors Impacting EWG price | EWG will decline at least -1.45% in a week (0% probabilities). TLT(-30%) SHY(-4%) TIP(-2%) GLD(12%) IGOV(13%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -1.45% (StdDev 2.9%) |
Hourly BBV | 0 () |
Intraday Trend | 2.7% |
| |
|
|