| EWJ latest price $36.2000 (5.85%) ($35.5200 - $36.2400) on Fri. Nov. 7, 2008. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 4.43% (three month average) |
RSI | 48 |
Latest Price | $36.2000(5.85%) |
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 1.9% 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(75%) EWG(74%) EEM(73%) VWO(71%) IWM(70%) |
Factors Impacting EWJ price | EWJ will decline at least -2.215% in a week (0% probabilities). TLT(-24%) SHY(-10%) TIP(-5%) GLD(12%) LQD(14%) |
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 | -2.215% (StdDev 4.43%) |
Hourly BBV | 0 () |
Intraday Trend | 1% |
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