| EWY latest price $26.6600 (3.53%) ($26.4100 - $26.6800) on Wed. Oct. 6, 2004. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 1.56% (three month average) |
RSI | 56 |
Latest Price | $26.6600(3.53%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | EWY advances 1.3% a day on average for past five trading days. |
Weekly Trend | EWY advances 0.9% a week on average for past two weeks. |
Market Behavior | Normal for large cap. Normal for small cap. |
Correlated ETFs | Broad market will support EWY advance at 0% a week (0% probability) EEM(88%) SPY(75%) EWG(73%) EWJ(71%) IWM(69%) |
Factors Impacting EWY price | EWY will decline at least -0.78% in a week (0% probabilities). TLT(-28%) SHY(-18%) TIP(-9%) REMX(1%) LQD(14%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -0.78% (StdDev 1.56%) |
Hourly BBV | 0 () |
Intraday Trend | 0.6% |
| |
|
|