| KWEB latest price $69.9300 (1.52%) ($69.2500 - $69.9300) on Tue. Aug. 4, 2020. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 2% (three month average) |
RSI | 58 |
Latest Price | $69.9300(1.52%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | KWEB advances 1.5% a day on average for past five trading days. |
Weekly Trend | KWEB advances 1.1% a week on average for past two weeks. |
Market Behavior | Value stock rally for large cap. Value stock rally for small cap. |
Correlated ETFs | Broad market will support KWEB advance at 0% a week (0% probability) MCHI(95%) FXI(93%) EEM(80%) VWO(67%) ONLN(64%) |
Factors Impacting KWEB price | KWEB will decline at least -1% in a week (0% probabilities). VIXM(-26%) UUP(-19%) VXX(-12%) IYT(-5%) TBT(-2%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -1% (StdDev 2%) |
Hourly BBV | 0 () |
Intraday Trend | 0.5% |
| |
|
|