| KWEB latest price $31.8000 (5.3%) ($31.2200 - $32.2400) on Tue. Jan. 3, 2023. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 4.49% (three month average) |
RSI | 58 |
Latest Price | $31.8000(5.3%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | KWEB advances 1.3% a day on average for past five trading days. |
Weekly Trend | KWEB advances 0.9% a week on average for past two weeks. |
Market Behavior | Rotation from growth to value for large cap. Growth stock sell-off for small cap. |
Correlated ETFs | Broad market will support KWEB advance at 0% a week (0% probability) MCHI(96%) FXI(95%) EEM(84%) IDRV(59%) LIT(58%) |
Factors Impacting KWEB price | KWEB will decline at least -2.245% in a week (0% probabilities). ARKK(-11%) IGOV(-10%) VXX(-7%) VIXM(-7%) VCSH(-7%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -2.245% (StdDev 4.49%) |
Hourly BBV | 1.4 () |
Intraday Trend | 1.5% |
| |
|
|