| EWJ latest price $70.2200 (-0.66%) ($69.9500 - $70.4800) on Mon. Mar. 22, 2021. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 0.93% (three month average) |
RSI | 60 |
Latest Price | $70.2200(-0.66%) |
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 1.6% a week on average for past two weeks. |
Market Behavior | Growth stock rally for large cap. Value stock sell-off for small cap. |
Correlated ETFs | Broad market will support EWJ advance at 0% a week (0% probability) SPY(73%) EWG(71%) IWD(71%) DRIV(70%) EWI(70%) |
Factors Impacting EWJ price | EWJ will decline at least -0.465% in a week (0% probabilities). VIXM(-42%) UUP(-36%) VXX(-14%) TBT(-5%) IGOV(-4%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -0.465% (StdDev 0.93%) |
Hourly BBV | -1.2 () |
Intraday Trend | 0.3% |
| |
|
|