| EWG latest price $27.8800 (1.34%) ($27.5300 - $28.1300) on Wed. Nov. 4, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.5% (three month average) |
RSI | 38 |
Latest Price | $27.8800(1.34%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | EWG advances 1.1% a day on average for past five trading days. |
Weekly Trend | EWG declines -4.2% a week on average for past two weeks. |
Market Behavior | Growth stock rally for large cap. Rotation from value to growth 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%) DRIV(74%) |
Factors Impacting EWG price | EWG will decline at least -0.75% in a week (0% probabilities). VIXM(-44%) UUP(-43%) VXX(-14%) EDOC(-4%) TLT(-2%) |
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 | -0.75% (StdDev 1.5%) |
Hourly BBV | 1 () |
Intraday Trend | 0.8% |
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