| EWJ latest price $49.2900 (1.75%) ($47.6650 - $49.4850) on Fri. Oct. 21, 2022. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 1.24% (three month average) |
RSI | 47 |
Latest Price | $49.2900(1.75%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | EWJ advances 0.4% a day on average for past five trading days. |
Weekly Trend | EWJ declines -1.6% a week on average for past two weeks. |
Market Behavior | Broad based rally for large cap. Broad based rally for small cap. |
Correlated ETFs | Broad market will support EWJ advance at 0% a week (0% probability) EWG(71%) EWI(70%) SPY(67%) IVE(65%) IVW(65%) |
Factors Impacting EWJ price | EWJ will decline at least -0.62% in a week (0% probabilities). UUP(-21%) TBT(-12%) VIXM(-9%) VXX(-3%) EDOC(-1%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -0.62% (StdDev 1.24%) |
Hourly BBV | 2 () |
Intraday Trend | 3.1% |
| |
|
|