| EWJ latest price $54.8800 (1.18%) ($54.5200 - $55.1600) on Wed. Jun. 4, 2008. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.61% (three month average) |
RSI | 62 |
Latest Price | $54.8800(1.18%) |
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 0.2% 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(76%) VWO(74%) EWY(72%) |
Factors Impacting EWJ price | EWJ will decline at least -0.805% in a week (0% probabilities). TLT(-25%) SHY(-15%) TIP(-5%) GLD(8%) LQD(22%) |
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 | -0.805% (StdDev 1.61%) |
Hourly BBV | 0 () |
Intraday Trend | 0.6% |
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