| EWY latest price $70.2200 (-0.33%) ($69.8800 - $70.4500) on Fri. Nov. 6, 2020. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 1.36% (three month average) |
RSI | 64 |
Latest Price | $70.2200(-0.33%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | EWY advances 1.6% a day on average for past five trading days. |
Weekly Trend | EWY advances 1% a week on average for past two weeks. |
Market Behavior | Normal for large cap. Broad based sell-off for small cap. |
Correlated ETFs | Broad market will support EWY advance at 0% a week (0% probability) EEM(82%) IDRV(72%) DRIV(68%) EWG(65%) FIVG(65%) |
Factors Impacting EWY price | EWY will decline at least -0.68% in a week (0% probabilities). VIXM(-38%) UUP(-31%) VXX(-13%) TLT(-3%) EDOC(-3%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -0.68% (StdDev 1.36%) |
Hourly BBV | 0.6 () |
Intraday Trend | 0.2% |
| |
|
|