| EWJ latest price $69.2000 (0.29%) ($69.0100 - $69.3500) on Wed. Jan. 13, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.01% (three month average) |
RSI | 75 |
Latest Price | $69.2000(0.29%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | EWJ advances 0.3% a day on average for past five trading days. |
Weekly Trend | EWJ advances 1.9% a week on average for past two weeks. |
Market Behavior | Growth stock rally for large cap. Broad based sell-off for small cap. |
Correlated ETFs | Broad market will support EWJ advance at 0% a week (0% probability) SPY(73%) IWD(71%) DRIV(70%) EWG(70%) IVE(70%) |
Factors Impacting EWJ price | EWJ will decline at least -0.505% in a week (0% probabilities). VIXM(-42%) UUP(-36%) VXX(-15%) TBT(-4%) IGOV(0%) |
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 | -0.505% (StdDev 1.01%) |
Hourly BBV | 1.1 () |
Intraday Trend | 0.2% |
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