| EWJ latest price $57.9300 (2.12%) ($57.8020 - $58.1500) on Wed. Aug. 12, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.28% (three month average) |
RSI | 62 |
Latest Price | $57.9300(2.12%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | EWJ advances 0.7% a day on average for past five trading days. |
Weekly Trend | EWJ advances 0.3% a week on average for past two weeks. |
Market Behavior | Broad based rally for large cap. Growth stock rally for small cap. |
Correlated ETFs | Broad market will support EWJ advance at 0% a week (0% probability) SPY(71%) EWG(70%) EWI(70%) IWD(70%) IDRV(69%) |
Factors Impacting EWJ price | EWJ will decline at least -0.64% in a week (0% probabilities). VIXM(-42%) UUP(-36%) VXX(-15%) EDOC(-3%) TBT(-2%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
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Relative Volatility | (options are extremely cheap) |
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Market Trend Strength | -0.64% (StdDev 1.28%) |
Hourly BBV | 1.2 () |
Intraday Trend | 0.1% |
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