| EWJ latest price $60.9600 (0.16%) ($60.6600 - $60.9800) on Fri. May. 19, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 0.85% (three month average) |
RSI | 75 |
Latest Price | $60.9600(0.16%) |
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 | Normal for large cap. Value stock sell-off for small cap. |
Correlated ETFs | Broad market will support EWJ advance at 0% a week (0% probability) VT(73%) EWG(67%) EWI(67%) IVE(65%) EEM(64%) |
Factors Impacting EWJ price | EWJ will decline at least -0.425% in a week (0% probabilities). VIXM(-51%) VXX(-50%) UUP(-23%) TBT(-18%) BLOK(-2%) |
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 | -0.425% (StdDev 0.85%) |
Hourly BBV | 0.8 () |
Intraday Trend | 0.5% |
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