| EWG latest price $27.1100 (-1.17%) ($26.8170 - $27.1500) on Fri. Mar. 24, 2023. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 1.27% (three month average) |
RSI | 40 |
Latest Price | $27.1100(-1.17%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | EWG advances 0.5% a day on average for past five trading days. |
Weekly Trend | EWG declines -0.6% 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(90%) EWP(85%) VT(82%) EEM(71%) IVE(71%) |
Factors Impacting EWG price | EWG will decline at least -0.635% in a week (0% probabilities). VXX(-58%) VIXM(-57%) UUP(-42%) TBT(-16%) BNDX(-3%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -0.635% (StdDev 1.27%) |
Hourly BBV | -1 () |
Intraday Trend | 0.5% |
| |
|
|