| EWJ latest price $52.6000 (-1.07%) ($52.4650 - $52.9800) on Thu. May. 21, 2020. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 2.69% (three month average) |
RSI | 61 |
Latest Price | $52.6000(-1.07%) |
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 1.5% 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) EWG(71%) EWI(71%) SPY(71%) IDRV(69%) IVE(69%) |
Factors Impacting EWJ price | EWJ will decline at least -1.345% in a week (0% probabilities). VIXM(-43%) UUP(-36%) VXX(-17%) TLT(-2%) TBT(2%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -1.345% (StdDev 2.69%) |
Hourly BBV | -0.9 () |
Intraday Trend | -0.6% |
| |
|
|