| EWJ latest price $55.9800 (-0.07%) ($55.7600 - $56.0550) on Thu. Aug. 6, 2020. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 1.3% (three month average) |
RSI | 49 |
Latest Price | $55.9800(-0.07%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | EWJ advances 0.1% a day on average for past five trading days. |
Weekly Trend | EWJ declines -0.5% a week on average for past two weeks. |
Market Behavior | Growth stock rally for large cap. Normal 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%) IVE(69%) |
Factors Impacting EWJ price | EWJ will decline at least -0.65% in a week (0% probabilities). VIXM(-42%) UUP(-36%) VXX(-15%) IGOV(-3%) TBT(-2%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -0.65% (StdDev 1.3%) |
Hourly BBV | -0.1 () |
Intraday Trend | 0.2% |
| |
|
|