| EWJ latest price $36.2000 (2.38%) ($35.6200 - $36.2800) on Wed. May. 6, 2009. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.35% (three month average) |
RSI | 68 |
Latest Price | $36.2000(2.38%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | EWJ advances 1.1% a day on average for past five trading days. |
Weekly Trend | EWJ advances 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(73%) EWG(71%) EEM(70%) IWM(68%) VWO(67%) |
Factors Impacting EWJ price | EWJ will decline at least -1.175% in a week (0% probabilities). TLT(-24%) SHY(-8%) TIP(-3%) IGOV(7%) GLD(10%) |
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 | -1.175% (StdDev 2.35%) |
Hourly BBV | 0 () |
Intraday Trend | 1% |
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