| KWEB latest price $67.9300 (-4.69%) ($67.2800 - $69.7700) on Fri. Aug. 7, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.11% (three month average) |
RSI | 54 |
Latest Price | $67.9300(-4.69%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | KWEB advances 0.3% a day on average for past five trading days. |
Weekly Trend | KWEB advances 3% 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 KWEB advance at 0% a week (0% probability) MCHI(95%) FXI(93%) EEM(81%) VWO(67%) ONLN(64%) |
Factors Impacting KWEB price | KWEB will decline at least -1.055% 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. |
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Relative Volatility | (options are extremely cheap) |
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Market Trend Strength | -1.055% (StdDev 2.11%) |
Hourly BBV | 0 () |
Intraday Trend | -1.9% |
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