| KWEB latest price $31.7400 (7.56%) ($30.8900 - $31.7500) on Fri. Jul. 28, 2023. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 2.71% (three month average) |
RSI | 70 |
Latest Price | $31.7400(7.56%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | KWEB advances 2.5% a day on average for past five trading days. |
Weekly Trend | KWEB advances 2.4% a week on average for past two weeks. |
Market Behavior | Broad based rally 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(94%) VWO(84%) EEM(81%) IDRV(66%) |
Factors Impacting KWEB price | KWEB will decline at least -1.355% in a week (0% probabilities). VXX(-37%) VIXM(-37%) TBT(-15%) UUP(-8%) IGOV(-3%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -1.355% (StdDev 2.71%) |
Hourly BBV | 1.6 () |
Intraday Trend | 2.6% |
| |
|
|