| EWJ latest price $39.5600 (1.54%) ($39.0400 - $39.5600) on Tue. Aug. 24, 2004. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.48% (three month average) |
RSI | 53 |
Latest Price | $39.5600(1.54%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | EWJ advances 0.8% a day on average for past five trading days. |
Weekly Trend | EWJ advances 1.1% a week on average for past two weeks. |
Market Behavior | Normal for large cap. Normal for small cap. |
Correlated ETFs | Broad market will support EWJ advance at 0% a week (0% probability) SPY(76%) EEM(75%) EWG(74%) EWY(71%) EWI(69%) |
Factors Impacting EWJ price | EWJ will decline at least -0.74% in a week (0% probabilities). TLT(-23%) SHY(-16%) TIP(-7%) REMX(1%) LQD(18%) |
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 | -0.74% (StdDev 1.48%) |
Hourly BBV | 0 () |
Intraday Trend | 0.8% |
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