| EWJ latest price $37.7200 (3.29%) ($37.3200 - $37.7200) on Wed. Nov. 30, 2011. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 1.57% (three month average) |
RSI | 55 |
Latest Price | $37.7200(3.29%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | EWJ advances 0.8% a day on average for past five trading days. |
Weekly Trend | EWJ declines -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(72%) EEM(70%) EWG(70%) IWM(67%) VWO(66%) |
Factors Impacting EWJ price | EWJ will decline at least -0.785% in a week (0% probabilities). TLT(-21%) SHY(-5%) IGOV(-3%) TIP(0%) GLD(8%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -0.785% (StdDev 1.57%) |
Hourly BBV | 0 () |
Intraday Trend | 0.6% |
| |
|
|