| EWJ latest price $60.0900 (2.11%) ($59.6900 - $60.3000) on Tue. Nov. 3, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 0.73% (three month average) |
RSI | 53 |
Latest Price | $60.0900(2.11%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | EWJ advances 0.4% a day on average for past five trading days. |
Weekly Trend | EWJ declines -0.3% a week on average for past two weeks. |
Market Behavior | Broad based rally for large cap. Broad based rally for small cap. |
Correlated ETFs | Broad market will support EWJ advance at 0% a week (0% probability) SPY(72%) IWD(71%) DRIV(70%) EWG(70%) EWI(70%) |
Factors Impacting EWJ price | EWJ will decline at least -0.365% in a week (0% probabilities). VIXM(-42%) UUP(-36%) VXX(-15%) EDOC(-4%) TBT(-3%) |
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 | -0.365% (StdDev 0.73%) |
Hourly BBV | 1.3 () |
Intraday Trend | 0.6% |
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