| EWJ latest price $57.8600 (-0.12%) ($57.7200 - $58.0150) on Thu. Aug. 13, 2020. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 1.28% (three month average) |
RSI | 62 |
Latest Price | $57.8600(-0.12%) |
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 0.7% a week on average for past two weeks. |
Market Behavior | Value stocks sell-off for large cap. Rotation from value to growth 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%) IVE(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. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -0.64% (StdDev 1.28%) |
Hourly BBV | 0.3 () |
Intraday Trend | -0.1% |
| |
|
|