| EWJ latest price $62.3500 (1.56%) ($62.0400 - $62.4050) on Fri. Nov. 17, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1% (three month average) |
RSI | 71 |
Latest Price | $62.3500(1.56%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | EWJ advances 0.6% a day on average for past five trading days. |
Weekly Trend | EWJ advances 1.2% a week on average for past two weeks. |
Market Behavior | Normal for large cap. Broad based rally for small cap. |
Correlated ETFs | Broad market will support EWJ advance at 0% a week (0% probability) SMH(82%) SPY(78%) IVW(74%) VT(74%) IVE(72%) |
Factors Impacting EWJ price | EWJ will decline at least -0.5% in a week (0% probabilities). VIXM(-30%) VXX(-28%) UUP(-21%) TBT(-6%) BNDX(0%) |
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 | -0.5% (StdDev 1%) |
Hourly BBV | 1.5 () |
Intraday Trend | 0.4% |
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