| EWG latest price $29.2100 (-0.38%) ($29.1750 - $29.2600) on Mon. May. 22, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.09% (three month average) |
RSI | 54 |
Latest Price | $29.2100(-0.38%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | EWG advances 0.2% a day on average for past five trading days. |
Weekly Trend | EWG declines -0.3% a week on average for past two weeks. |
Market Behavior | Normal 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(84%) VT(84%) IVE(76%) EEM(74%) |
Factors Impacting EWG price | EWG will decline at least -0.545% in a week (0% probabilities). VXX(-55%) VIXM(-54%) UUP(-41%) TBT(-33%) EDOC(-7%) |
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 | -0.545% (StdDev 1.09%) |
Hourly BBV | 0.3 () |
Intraday Trend | 0.1% |
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