| KWEB latest price $26.9000 (-3.48%) ($26.6300 - $27.5500) on Tue. May. 2, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.35% (three month average) |
RSI | 40 |
Latest Price | $26.9000(-3.48%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | KWEB advances 0.2% a day on average for past five trading days. |
Weekly Trend | KWEB declines -3% a week on average for past two weeks. |
Market Behavior | Broad based sell-off for large cap. Broad based sell-off for small cap. |
Correlated ETFs | Broad market will support KWEB advance at 0% a week (0% probability) MCHI(95%) FXI(94%) VWO(86%) EEM(84%) ONLN(65%) |
Factors Impacting KWEB price | KWEB will decline at least -1.175% in a week (0% probabilities). VIXM(-39%) VXX(-38%) UUP(-19%) TBT(-9%) BLOK(-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 | -1.175% (StdDev 2.35%) |
Hourly BBV | -1.4 () |
Intraday Trend | -2.3% |
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