| EWG latest price $23.2300 (4.64%) ($22.7450 - $23.3000) on Tue. Jul. 19, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2% (three month average) |
RSI | 43 |
Latest Price | $23.2300(4.64%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | EWG advances 1.2% a day on average for past five trading days. |
Weekly Trend | EWG declines -1.7% a week on average for past two weeks. |
Market Behavior | Broad based rally for large cap. Broad based rally for small cap. |
Correlated ETFs | Broad market will support EWG advance at 0% a week (0% probability) EWI(92%) EWP(87%) SPY(79%) IVE(78%) IWD(78%) |
Factors Impacting EWG price | EWG will decline at least -1% in a week (0% probabilities). UUP(-35%) VIXM(-20%) TBT(-14%) VXX(-2%) EDOC(1%) |
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% (StdDev 2%) |
Hourly BBV | 1.5 () |
Intraday Trend | 2% |
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