| EWJ latest price $45.2400 (5.41%) ($43.4800 - $45.4800) on Fri. Sep. 19, 2008. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.67% (three month average) |
RSI | 47 |
Latest Price | $45.2400(5.41%) |
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 declines -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 -0.835% in a week (0% probabilities). TLT(-25%) SHY(-15%) TIP(-5%) GLD(9%) 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 | -0.835% (StdDev 1.67%) |
Hourly BBV | 0 () |
Intraday Trend | 2.4% |
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