| EWJ latest price $59.7400 (-0.5%) ($59.5050 - $59.9400) on Wed. May. 10, 2023. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 0.87% (three month average) |
RSI | 60 |
Latest Price | $59.7400(-0.5%) |
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 advances 0.7% a week on average for past two weeks. |
Market Behavior | Growth stock rally for large cap. Growth stock rally for small cap. |
Correlated ETFs | Broad market will support EWJ advance at 0% a week (0% probability) VT(72%) EWG(66%) EWI(66%) IVE(64%) EEM(63%) |
Factors Impacting EWJ price | EWJ will decline at least -0.435% in a week (0% probabilities). VIXM(-50%) VXX(-49%) UUP(-23%) TBT(-16%) BLOK(-1%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -0.435% (StdDev 0.87%) |
Hourly BBV | 0.2 () |
Intraday Trend | -0.3% |
| |
|
|