| EWY latest price $63.8500 (-0.3%) ($63.6500 - $64.1300) on Fri. Aug. 7, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.74% (three month average) |
RSI | 71 |
Latest Price | $63.8500(-0.3%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | EWY advances 1.2% a day on average for past five trading days. |
Weekly Trend | EWY advances 2.8% a week on average for past two weeks. |
Market Behavior | Rotation from growth to value for large cap. Broad based rally for small cap. |
Correlated ETFs | Broad market will support EWY advance at 0% a week (0% probability) EEM(82%) IDRV(72%) EWG(65%) FIVG(64%) SPY(64%) |
Factors Impacting EWY price | EWY will decline at least -0.87% in a week (0% probabilities). VIXM(-38%) UUP(-31%) VXX(-14%) TLT(-4%) UNG(0%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
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Relative Volatility | (options are extremely cheap) |
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Market Trend Strength | -0.87% (StdDev 1.74%) |
Hourly BBV | 0.6 () |
Intraday Trend | -0% |
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