| EWJ latest price $61.0000 (-3.24%) ($60.9800 - $61.6550) on Wed. Jun. 7, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 0.99% (three month average) |
RSI | 51 |
Latest Price | $61.0000(-3.24%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | EWJ advances 0.5% a day on average for past five trading days. |
Weekly Trend | EWJ advances 0.9% a week on average for past two weeks. |
Market Behavior | Growth stock sell-off 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(64%) |
Factors Impacting EWJ price | EWJ will decline at least -0.495% in a week (0% probabilities). VIXM(-51%) VXX(-50%) UUP(-24%) TBT(-19%) BLOK(-4%) |
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 | -0.495% (StdDev 0.99%) |
Hourly BBV | -1.2 () |
Intraday Trend | -0.5% |
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