| EWJ latest price $39.4400 (-0.4%) ($39.2800 - $39.5200) on Fri. Jan. 4, 2013. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 0.89% (three month average) |
RSI | 77 |
Latest Price | $39.4400(-0.4%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | EWJ advances 0.3% a day on average for past five trading days. |
Weekly Trend | EWJ advances 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(72%) EWG(70%) EEM(69%) IWM(67%) EWI(65%) |
Factors Impacting EWJ price | EWJ will decline at least -0.445% in a week (0% probabilities). TLT(-18%) IGOV(-7%) SHY(-5%) TIP(1%) GLD(4%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -0.445% (StdDev 0.89%) |
Hourly BBV | 0 () |
Intraday Trend | 0.2% |
| |
|
|