| EWJ latest price $54.4600 (3.4%) ($54.2700 - $54.6400) on Tue. May. 26, 2020. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 2.72% (three month average) |
RSI | 67 |
Latest Price | $54.4600(3.4%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | EWJ advances 0.6% a day on average for past five trading days. |
Weekly Trend | EWJ advances 1.3% a week on average for past two weeks. |
Market Behavior | Value stock 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(71%) EWI(71%) SPY(71%) IWD(70%) DIA(69%) |
Factors Impacting EWJ price | EWJ will decline at least -1.36% in a week (0% probabilities). VIXM(-43%) UUP(-36%) VXX(-17%) TLT(-2%) TBT(1%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -1.36% (StdDev 2.72%) |
Hourly BBV | 1.4 () |
Intraday Trend | 0.2% |
| |
|
|