| EWG latest price $19.5900 (2.19%) ($19.2400 - $19.6200) on Fri. Jul. 13, 2012. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 1.8% (three month average) |
RSI | 54 |
Latest Price | $19.5900(2.19%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | EWG advances 0.4% a day on average for past five trading days. |
Weekly Trend | EWG advances 0.9% 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(84%) SPY(78%) EEM(75%) IWM(73%) |
Factors Impacting EWG price | EWG will decline at least -0.9% in a week (0% probabilities). TLT(-23%) SHY(-4%) TIP(2%) IGOV(5%) GLD(10%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -0.9% (StdDev 1.8%) |
Hourly BBV | 0 () |
Intraday Trend | 1.8% |
| |
|
|