| EWY latest price $63.1700 (-1.11%) ($63.0700 - $63.5800) on Wed. Jan. 15, 2020. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 1.12% (three month average) |
RSI | 63 |
Latest Price | $63.1700(-1.11%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | EWY advances 0.6% a day on average for past five trading days. |
Weekly Trend | EWY advances 1.2% a week on average for past two weeks. |
Market Behavior | Broad based rally for large cap. Broad based rally for small cap. |
Correlated ETFs | Broad market will support EWY advance at 0% a week (0% probability) EEM(87%) IDRV(76%) EWG(74%) VWO(74%) SPY(73%) |
Factors Impacting EWY price | EWY will decline at least -0.56% in a week (0% probabilities). VIXM(-49%) VXX(-22%) UUP(-18%) TLT(-17%) IGOV(1%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -0.56% (StdDev 1.12%) |
Hourly BBV | 0 () |
Intraday Trend | -0.4% |
| |
|
|