| EWG latest price $23.0600 (-1.54%) ($23.0600 - $23.5500) on Tue. May. 12, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.83% (three month average) |
RSI | 58 |
Latest Price | $23.0600(-1.54%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | EWG advances 0.1% a day on average for past five trading days. |
Weekly Trend | EWG advances 1.1% a week on average for past two weeks. |
Market Behavior | Broad based sell-off for large cap. Broad based sell-off for small cap. |
Correlated ETFs | Broad market will support EWG advance at 0% a week (0% probability) EWI(92%) EWP(84%) IDRV(77%) SPY(76%) IWD(75%) |
Factors Impacting EWG price | EWG will decline at least -1.915% in a week (0% probabilities). VIXM(-48%) UUP(-44%) VXX(-16%) TLT(-7%) UNG(3%) |
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 | -1.915% (StdDev 3.83%) |
Hourly BBV | -2.1 () |
Intraday Trend | -2% |
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