| EWJ latest price $60.8300 (2.51%) ($60.2550 - $60.8450) on Thu. Jun. 1, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 0.89% (three month average) |
RSI | 58 |
Latest Price | $60.8300(2.51%) |
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 -0.3% 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) VT(73%) EWG(67%) EWI(67%) IVE(66%) EEM(65%) |
Factors Impacting EWJ price | EWJ will decline at least -0.445% in a week (0% probabilities). VXX(-51%) VIXM(-51%) UUP(-24%) TBT(-19%) BLOK(-3%) |
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 | -0.445% (StdDev 0.89%) |
Hourly BBV | 1.5 () |
Intraday Trend | 0.9% |
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