| EWJ latest price $49.2000 (1.4%) ($49.1600 - $49.4000) on Tue. Sep. 20, 2016. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 0.99% (three month average) |
RSI | 52 |
Latest Price | $49.2000(1.4%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | EWJ advances 0.1% a day on average for past five trading days. |
Weekly Trend | EWJ declines -0.9% a week on average for past two weeks. |
Market Behavior | Normal for large cap. Value stock sell-off for small cap. |
Correlated ETFs | Broad market will support EWJ advance at 0% a week (0% probability) VT(77%) EWG(76%) SPY(76%) IVE(75%) IWD(75%) |
Factors Impacting EWJ price | EWJ will decline at least -0.495% in a week (0% probabilities). VIXM(-23%) UUP(-14%) TLT(-14%) IBUY(-4%) IGOV(-3%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -0.495% (StdDev 0.99%) |
Hourly BBV | 0 () |
Intraday Trend | -0.2% |
| |
|
|