| EWJ latest price $70.7400 (-0.18%) ($70.4400 - $71.1030) on Wed. Feb. 10, 2021. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 0.99% (three month average) |
RSI | 58 |
Latest Price | $70.7400(-0.18%) |
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 0.8% a week on average for past two weeks. |
Market Behavior | Normal for large cap. Growth stock sell-off 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%) FIVG(70%) |
Factors Impacting EWJ price | EWJ will decline at least -0.495% in a week (0% probabilities). VIXM(-42%) UUP(-35%) VXX(-14%) TBT(-5%) IGOV(-0%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -0.495% (StdDev 0.99%) |
Hourly BBV | 0.6 () |
Intraday Trend | -0.4% |
| |
|
|