| EWG latest price $29.0500 (-1.02%) ($28.9350 - $29.1400) on Fri. Jul. 24, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.89% (three month average) |
RSI | 60 |
Latest Price | $29.0500(-1.02%) |
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 2.5% 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(91%) EWP(83%) IDRV(76%) SPY(75%) DIA(73%) |
Factors Impacting EWG price | EWG will decline at least -0.945% in a week (0% probabilities). VIXM(-44%) UUP(-43%) VXX(-14%) IGOV(-5%) TLT(-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 | -0.945% (StdDev 1.89%) |
Hourly BBV | -1.3 () |
Intraday Trend | 0.1% |
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