| EWG latest price $28.6900 (0.21%) ($28.6000 - $28.7700) on Tue. Dec. 5, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 0.98% (three month average) |
RSI | 80 |
Latest Price | $28.6900(0.21%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | EWG advances 0.3% a day on average for past five trading days. |
Weekly Trend | EWG advances 1.6% 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%) ARKK(78%) IVE(78%) |
Factors Impacting EWG price | EWG will decline at least -0.49% in a week (0% probabilities). VIXM(-42%) VXX(-39%) UUP(-19%) TBT(-16%) IWC(32%) |
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 | -0.49% (StdDev 0.98%) |
Hourly BBV | 0.7 () |
Intraday Trend | 0.1% |
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