| EWY latest price $24.5500 (1.15%) ($24.2100 - $25.0000) on Wed. Mar. 11, 2009. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 3.95% (three month average) |
RSI | 52 |
Latest Price | $24.5500(1.15%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | EWY advances 1.9% a day on average for past five trading days. |
Weekly Trend | EWY advances 0.3% 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%) VWO(82%) SPY(74%) EWG(73%) FXI(73%) |
Factors Impacting EWY price | EWY will decline at least -1.975% in a week (0% probabilities). TLT(-28%) SHY(-9%) TIP(-4%) IGOV(14%) GLD(14%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -1.975% (StdDev 3.95%) |
Hourly BBV | 0 () |
Intraday Trend | -1.2% |
| |
|
|