| EWJ latest price $34.6800 (4.71%) ($33.5000 - $35.4800) on Mon. Nov. 24, 2008. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 4.76% (three month average) |
RSI | 41 |
Latest Price | $34.6800(4.71%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | EWJ advances 0.2% a day on average for past five trading days. |
Weekly Trend | EWJ declines -4.8% 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(73%) EEM(72%) IWM(70%) VWO(70%) |
Factors Impacting EWJ price | EWJ will decline at least -2.38% in a week (0% probabilities). TLT(-25%) SHY(-10%) TIP(-5%) GLD(11%) LQD(16%) |
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 | -2.38% (StdDev 4.76%) |
Hourly BBV | 0 () |
Intraday Trend | 2.6% |
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