| EWJ latest price $70.9000 (-1.2%) ($70.4300 - $70.9550) on Thu. Feb. 18, 2021. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 0.96% (three month average) |
RSI | 66 |
Latest Price | $70.9000(-1.2%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | EWJ advances 0.1% a day on average for past five trading days. |
Weekly Trend | EWJ advances 2.5% a week on average for past two weeks. |
Market Behavior | Broad based sell-off 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(72%) DRIV(70%) EWG(70%) FIVG(70%) IVE(70%) |
Factors Impacting EWJ price | EWJ will decline at least -0.48% in a week (0% probabilities). VIXM(-42%) UUP(-35%) VXX(-14%) TBT(-5%) IGOV(-3%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -0.48% (StdDev 0.96%) |
Hourly BBV | -1 () |
Intraday Trend | 0.4% |
| |
|
|