| EWJ latest price $56.2800 (1.08%) ($55.4800 - $56.2800) on Fri. Mar. 24, 2006. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 1.47% (three month average) |
RSI | 66 |
Latest Price | $56.2800(1.08%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | EWJ advances 0.1% a day on average for past five trading days. |
Weekly Trend | EWJ advances 2.1% a week on average for past two weeks. |
Market Behavior | Normal for large cap. Normal for small cap. |
Correlated ETFs | Broad market will support EWJ advance at 0% a week (0% probability) SPY(77%) EEM(76%) EWG(75%) VWO(74%) EWY(71%) |
Factors Impacting EWJ price | EWJ will decline at least -0.735% in a week (0% probabilities). TLT(-24%) SHY(-16%) TIP(-7%) REMX(1%) GLD(10%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -0.735% (StdDev 1.47%) |
Hourly BBV | 0 () |
Intraday Trend | 1.3% |
| |
|
|