| KWEB latest price $28.9800 (-0.82%) ($28.6100 - $29.1300) on Wed. Aug. 30, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.6% (three month average) |
RSI | 39 |
Latest Price | $28.9800(-0.82%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | KWEB advances 1% a day on average for past five trading days. |
Weekly Trend | KWEB declines -0.2% a week on average for past two weeks. |
Market Behavior | Growth stock rally for large cap. Growth stock 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 -1.3% 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. |
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Relative Volatility | (options are extremely cheap) |
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Market Trend Strength | -1.3% (StdDev 2.6%) |
Hourly BBV | 0.4 () |
Intraday Trend | 1.2% |
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