| EWG latest price $19.6500 (-1.16%) ($19.4900 - $19.7200) on Thu. Jan. 5, 2012. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 3.06% (three month average) |
RSI | 65 |
Latest Price | $19.6500(-1.16%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | EWG advances 0.9% a day on average for past five trading days. |
Weekly Trend | EWG advances 2.4% 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(87%) EWP(83%) SPY(78%) EEM(75%) IWM(73%) |
Factors Impacting EWG price | EWG will decline at least -1.53% in a week (0% probabilities). TLT(-25%) SHY(-4%) TIP(1%) IGOV(8%) GLD(12%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -1.53% (StdDev 3.06%) |
Hourly BBV | 0 () |
Intraday Trend | 0.2% |
| |
|
|