| EWJ latest price $55.2800 (1.92%) ($54.7200 - $55.2800) on Fri. Feb. 24, 2006. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 1.45% (three month average) |
RSI | 46 |
Latest Price | $55.2800(1.92%) |
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 declines -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(77%) EEM(75%) EWG(75%) VWO(74%) EWY(71%) |
Factors Impacting EWJ price | EWJ will decline at least -0.725% in a week (0% probabilities). TLT(-24%) SHY(-16%) TIP(-7%) REMX(1%) GLD(10%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -0.725% (StdDev 1.45%) |
Hourly BBV | 0 () |
Intraday Trend | 1% |
| |
|
|