| EWJ latest price $40.1700 (0.73%) ($40.0400 - $40.2800) on Thu. Apr. 14, 2011. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 1.62% (three month average) |
RSI | 38 |
Latest Price | $40.1700(0.73%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | EWJ advances 0.5% a day on average for past five trading days. |
Weekly Trend | EWJ declines -1.8% 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(73%) EEM(71%) EWG(71%) IWM(68%) VWO(68%) |
Factors Impacting EWJ price | EWJ will decline at least -0.81% in a week (0% probabilities). TLT(-25%) SHY(-6%) TIP(-3%) IGOV(2%) GLD(7%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -0.81% (StdDev 1.62%) |
Hourly BBV | 0 () |
Intraday Trend | 0.1% |
| |
|
|