| EWJ latest price $38.4000 (0.63%) ($38.2800 - $38.6800) on Wed. Oct. 12, 2011. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 1.86% (three month average) |
RSI | 61 |
Latest Price | $38.4000(0.63%) |
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 0.5% 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%) EEM(70%) EWG(70%) IWM(67%) QQQ(66%) |
Factors Impacting EWJ price | EWJ will decline at least -0.93% in a week (0% probabilities). TLT(-22%) SHY(-6%) TIP(-1%) IGOV(-1%) GLD(8%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -0.93% (StdDev 1.86%) |
Hourly BBV | 0 () |
Intraday Trend | 0% |
| |
|
|