| EWJ latest price $51.5600 (1.1%) ($50.7200 - $51.6800) on Tue. Feb. 26, 2008. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.55% (three month average) |
RSI | 60 |
Latest Price | $51.5600(1.1%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | EWJ advances 0.5% a day on average for past five trading days. |
Weekly Trend | EWJ advances 1.6% 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 -0.775% in a week (0% probabilities). TLT(-25%) SHY(-16%) TIP(-6%) GLD(8%) LQD(21%) |
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 | -0.775% (StdDev 1.55%) |
Hourly BBV | 0 () |
Intraday Trend | 1.4% |
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