| EWJ latest price $37.5600 (0.75%) ($37.4800 - $37.8400) on Thu. Jun. 4, 2009. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.1% (three month average) |
RSI | 63 |
Latest Price | $37.5600(0.75%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | EWJ advances 0.4% a day on average for past five trading days. |
Weekly Trend | EWJ advances 1.7% 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(73%) EWG(71%) EEM(70%) IWM(68%) VWO(67%) |
Factors Impacting EWJ price | EWJ will decline at least -1.05% in a week (0% probabilities). TLT(-25%) SHY(-9%) TIP(-3%) IGOV(7%) GLD(9%) |
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 | -1.05% (StdDev 2.1%) |
Hourly BBV | 0 () |
Intraday Trend | -0.2% |
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