| EWJ latest price $63.3300 (2.94%) ($63.2800 - $64.4500) on Mon. Nov. 9, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 0.85% (three month average) |
RSI | 74 |
Latest Price | $63.3300(2.94%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | EWJ advances 1.5% a day on average for past five trading days. |
Weekly Trend | EWJ advances 2% a week on average for past two weeks. |
Market Behavior | Rotation from growth to value 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 -0.425% in a week (0% probabilities). VIXM(-42%) UUP(-36%) VXX(-15%) EDOC(-5%) 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 | -0.425% (StdDev 0.85%) |
Hourly BBV | 1.3 () |
Intraday Trend | -1.6% |
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