| KWEB latest price $31.0800 (-2.75%) ($31.0550 - $31.6100) on Tue. Aug. 1, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.72% (three month average) |
RSI | 60 |
Latest Price | $31.0800(-2.75%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | KWEB advances 1.1% a day on average for past five trading days. |
Weekly Trend | KWEB advances 3.4% a week on average for past two weeks. |
Market Behavior | Broad based sell-off 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(95%) FXI(94%) VWO(85%) EEM(81%) IDRV(66%) |
Factors Impacting KWEB price | KWEB will decline at least -1.36% in a week (0% probabilities). VXX(-37%) VIXM(-37%) TBT(-14%) UUP(-8%) IGOV(-3%) |
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 | -1.36% (StdDev 2.72%) |
Hourly BBV | -1.5 () |
Intraday Trend | -0.7% |
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