| EWJ latest price $63.7200 (-0.45%) ($63.4300 - $63.9300) on Thu. Dec. 14, 2023. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 0.98% (three month average) |
RSI | 60 |
Latest Price | $63.7200(-0.45%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | EWJ advances 0.2% a day on average for past five trading days. |
Weekly Trend | EWJ advances 0.7% a week on average for past two weeks. |
Market Behavior | Value stock rally for large cap. Broad based rally for small cap. |
Correlated ETFs | Broad market will support EWJ advance at 0% a week (0% probability) IVE(87%) XLV(85%) DIA(82%) SDY(82%) SPLV(82%) |
Factors Impacting EWJ price | EWJ will decline at least -0.49% in a week (0% probabilities). UUP(-12%) USO(-1%) TIP(2%) XLE(6%) OIH(7%) |
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 | 0.3% |
| |
|
|