| EWJ latest price $56.9400 (1.99%) ($56.8600 - $57.1150) on Mon. Jul. 27, 2020. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 1.33% (three month average) |
RSI | 66 |
Latest Price | $56.9400(1.99%) |
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 0.7% a week on average for past two weeks. |
Market Behavior | Growth stock rally for large cap. Growth stock rally for small cap. |
Correlated ETFs | Broad market will support EWJ advance at 0% a week (0% probability) EWG(70%) EWI(70%) SPY(70%) IDRV(69%) IWD(69%) |
Factors Impacting EWJ price | EWJ will decline at least -0.665% in a week (0% probabilities). VIXM(-41%) UUP(-36%) VXX(-15%) TBT(-2%) IGOV(-2%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -0.665% (StdDev 1.33%) |
Hourly BBV | 1.3 () |
Intraday Trend | 0.1% |
| |
|
|