| EWY latest price $50.1800 (0.7%) ($50.1400 - $50.7600) on Thu. Oct. 6, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.6% (three month average) |
RSI | 31 |
Latest Price | $50.1800(0.7%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | EWY advances 0.8% a day on average for past five trading days. |
Weekly Trend | EWY declines -3.9% a week on average for past two weeks. |
Market Behavior | Broad based sell-off for large cap. Value stock sell-off for small cap. |
Correlated ETFs | Broad market will support EWY advance at 0% a week (0% probability) EEM(82%) IDRV(68%) LIT(67%) EWG(64%) SPY(64%) |
Factors Impacting EWY price | EWY will decline at least -0.8% in a week (0% probabilities). UUP(-14%) VIXM(-10%) UNG(-7%) TBT(-3%) VXX(-2%) |
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 | -0.8% (StdDev 1.6%) |
Hourly BBV | 0.2 () |
Intraday Trend | -0.5% |
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