| EWG latest price $27.9600 (1.41%) ($27.6000 - $27.9700) on Wed. Jul. 8, 2020. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 2.15% (three month average) |
RSI | 57 |
Latest Price | $27.9600(1.41%) |
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 advances 1.1% a week on average for past two weeks. |
Market Behavior | Growth stock rally for large cap. Growth stock rally for small cap. |
Correlated ETFs | Broad market will support EWG advance at 0% a week (0% probability) EWI(91%) EWP(84%) IDRV(76%) SPY(75%) DIA(73%) |
Factors Impacting EWG price | EWG will decline at least -1.075% in a week (0% probabilities). VIXM(-44%) UUP(-43%) VXX(-14%) TLT(-4%) UNG(2%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -1.075% (StdDev 2.15%) |
Hourly BBV | 0.1 () |
Intraday Trend | 1.1% |
| |
|
|