| EWY latest price $52.7700 (1.87%) ($52.2600 - $52.9100) on Fri. Sep. 24, 2010. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 1.45% (three month average) |
RSI | 72 |
Latest Price | $52.7700(1.87%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | EWY advances 0.5% a day on average for past five trading days. |
Weekly Trend | EWY advances 2% 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(87%) VWO(80%) SPY(72%) EWG(71%) FXI(70%) |
Factors Impacting EWY price | EWY will decline at least -0.725% in a week (0% probabilities). TLT(-26%) SHY(-4%) TIP(-2%) IGOV(12%) GLD(15%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -0.725% (StdDev 1.45%) |
Hourly BBV | 0 () |
Intraday Trend | 0.8% |
| |
|
|