| EWG latest price $29.2100 (-0.54%) ($29.1900 - $29.3700) on Fri. Jul. 14, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.08% (three month average) |
RSI | 64 |
Latest Price | $29.2100(-0.54%) |
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 advances 1.3% a week on average for past two weeks. |
Market Behavior | Rotation from value to growth 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(90%) EWP(86%) VT(84%) BOTZ(77%) IVE(76%) |
Factors Impacting EWG price | EWG will decline at least -0.54% in a week (0% probabilities). VXX(-58%) VIXM(-58%) UUP(-41%) TBT(-36%) USO(-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 | -0.54% (StdDev 1.08%) |
Hourly BBV | 0.3 () |
Intraday Trend | -0.3% |
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