| EWY latest price $64.0400 (1.27%) ($63.4750 - $64.0500) on Thu. Aug. 6, 2020. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 1.75% (three month average) |
RSI | 73 |
Latest Price | $64.0400(1.27%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | EWY advances 1% a day on average for past five trading days. |
Weekly Trend | EWY advances 2.1% a week on average for past two weeks. |
Market Behavior | Growth stock rally for large cap. Normal for small cap. |
Correlated ETFs | Broad market will support EWY advance at 0% a week (0% probability) EEM(82%) IDRV(72%) EWG(64%) FIVG(64%) SPY(64%) |
Factors Impacting EWY price | EWY will decline at least -0.875% in a week (0% probabilities). VIXM(-38%) UUP(-31%) VXX(-14%) TLT(-4%) EDOC(-1%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -0.875% (StdDev 1.75%) |
Hourly BBV | 1 () |
Intraday Trend | 0.6% |
| |
|
|