| KWEB latest price $29.2200 (3.07%) ($28.6600 - $29.4800) on Tue. Aug. 29, 2023. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 2.64% (three month average) |
RSI | 43 |
Latest Price | $29.2200(3.07%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | KWEB advances 1.6% a day on average for past five trading days. |
Weekly Trend | KWEB declines -1.5% 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(94%) FXI(93%) VWO(82%) EEM(79%) IDRV(62%) |
Factors Impacting KWEB price | KWEB will decline at least -1.32% in a week (0% probabilities). VXX(-38%) VIXM(-38%) TBT(-16%) IGOV(-11%) UUP(-5%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -1.32% (StdDev 2.64%) |
Hourly BBV | 1.2 () |
Intraday Trend | 0.9% |
| |
|
|