| EWJ latest price $56.8700 (1.28%) ($56.5700 - $57.0600) on Mon. Aug. 1, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.17% (three month average) |
RSI | 77 |
Latest Price | $56.8700(1.28%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | EWJ advances 0.8% a day on average for past five trading days. |
Weekly Trend | EWJ advances 2.7% a week on average for past two weeks. |
Market Behavior | Normal for large cap. Normal for small cap. |
Correlated ETFs | Broad market will support EWJ advance at 0% a week (0% probability) EWG(73%) EWI(73%) SPY(71%) IVE(69%) IVW(69%) |
Factors Impacting EWJ price | EWJ will decline at least -0.585% in a week (0% probabilities). UUP(-31%) VIXM(-19%) TBT(-16%) VXX(-4%) EDOC(-1%) |
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 | -0.585% (StdDev 1.17%) |
Hourly BBV | 1.4 () |
Intraday Trend | 0.3% |
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