| EWG latest price $19.1000 (-0.83%) ($18.9000 - $19.1800) on Wed. Dec. 21, 2011. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 3.26% (three month average) |
RSI | 37 |
Latest Price | $19.1000(-0.83%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | EWG advances 0.6% a day on average for past five trading days. |
Weekly Trend | EWG declines -3.9% 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(87%) EWP(83%) SPY(78%) EEM(76%) IWM(73%) |
Factors Impacting EWG price | EWG will decline at least -1.63% in a week (0% probabilities). TLT(-25%) SHY(-4%) TIP(1%) IGOV(8%) GLD(13%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -1.63% (StdDev 3.26%) |
Hourly BBV | 0 () |
Intraday Trend | -0.4% |
| |
|
|