| EWJ latest price $54.6400 (0.72%) ($54.5700 - $54.8000) on Thu. Sep. 5, 2019. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 0.78% (three month average) |
RSI | 73 |
Latest Price | $54.6400(0.72%) |
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 advances 0.8% a week on average for past two weeks. |
Market Behavior | Broad based rally for large cap. Broad based rally for small cap. |
Correlated ETFs | Broad market will support EWJ advance at 0% a week (0% probability) EWG(78%) SPY(77%) EWI(76%) IVE(76%) IWD(76%) |
Factors Impacting EWJ price | EWJ will decline at least -0.39% in a week (0% probabilities). VIXM(-51%) VXX(-24%) UUP(-23%) TLT(-13%) IGOV(-6%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -0.39% (StdDev 0.78%) |
Hourly BBV | 0 () |
Intraday Trend | 0.1% |
| |
|
|