| EWJ latest price $62.6100 (0.63%) ($62.3900 - $62.6400) on Mon. Jun. 12, 2023. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 0.98% (three month average) |
RSI | 55 |
Latest Price | $62.6100(0.63%) |
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 1.5% a week on average for past two weeks. |
Market Behavior | Broad based 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(65%) IVE(65%) SPY(63%) |
Factors Impacting EWJ price | EWJ will decline at least -0.49% in a week (0% probabilities). VIXM(-50%) VXX(-49%) UUP(-24%) TBT(-22%) BLOK(-5%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -0.49% (StdDev 0.98%) |
Hourly BBV | 1.1 () |
Intraday Trend | 0.2% |
| |
|
|