| EWJ latest price $69.9200 (1.04%) ($69.6750 - $70.1300) on Thu. Jan. 14, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.01% (three month average) |
RSI | 76 |
Latest Price | $69.9200(1.04%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | EWJ advances 0.6% a day on average for past five trading days. |
Weekly Trend | EWJ advances 2% a week on average for past two weeks. |
Market Behavior | Growth stock sell-off for large cap. Broad based rally 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%) EWI(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 | 0.3% |
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