| EWJ latest price $53.0400 (1.14%) ($52.7600 - $53.2000) on Fri. Dec. 28, 2007. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 1.28% (three month average) |
RSI | 31 |
Latest Price | $53.0400(1.14%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | EWJ advances 0.1% a day on average for past five trading days. |
Weekly Trend | EWJ declines -2.8% 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(78%) EEM(76%) EWG(75%) VWO(74%) EWY(72%) |
Factors Impacting EWJ price | EWJ will decline at least -0.64% in a week (0% probabilities). TLT(-25%) SHY(-17%) TIP(-7%) GLD(8%) LQD(21%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -0.64% (StdDev 1.28%) |
Hourly BBV | 0 () |
Intraday Trend | 0% |
| |
|
|