| EWJ latest price $64.7400 (1.12%) ($64.2950 - $64.8100) on Fri. Nov. 20, 2020. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 0.88% (three month average) |
RSI | 81 |
Latest Price | $64.7400(1.12%) |
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 advances 2.9% a week on average for past two weeks. |
Market Behavior | Broad based sell-off for large cap. Growth stock rally for small cap. |
Correlated ETFs | Broad market will support EWJ advance at 0% a week (0% probability) SPY(72%) DRIV(70%) EWG(70%) IVE(70%) IWD(70%) |
Factors Impacting EWJ price | EWJ will decline at least -0.44% in a week (0% probabilities). VIXM(-41%) UUP(-36%) VXX(-15%) TBT(-3%) IGOV(-1%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -0.44% (StdDev 0.88%) |
Hourly BBV | 1.8 () |
Intraday Trend | 0.6% |
| |
|
|