| EWJ latest price $58.2500 (1.11%) ($58.0200 - $58.2750) on Mon. Aug. 24, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.21% (three month average) |
RSI | 80 |
Latest Price | $58.2500(1.11%) |
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 advances 1.6% a week on average for past two weeks. |
Market Behavior | Broad based rally for large cap. Value stock rally for small cap. |
Correlated ETFs | Broad market will support EWJ advance at 0% a week (0% probability) SPY(71%) EWG(70%) IWD(70%) EWI(69%) IVE(69%) |
Factors Impacting EWJ price | EWJ will decline at least -0.605% 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 | -0.605% (StdDev 1.21%) |
Hourly BBV | 1.2 () |
Intraday Trend | 0% |
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