| EWJ latest price $66.7600 (0.59%) ($66.6550 - $66.8800) on Thu. Dec. 17, 2020. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 0.97% (three month average) |
RSI | 52 |
Latest Price | $66.7600(0.59%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | EWJ advances 0.3% a day on average for past five trading days. |
Weekly Trend | EWJ advances 0.6% a week on average for past two weeks. |
Market Behavior | Broad based rally for large cap. Broad based rally for small cap. |
Correlated ETFs | Broad market will support EWJ advance at 0% a week (0% probability) SPY(72%) DRIV(70%) EWG(70%) IVE(70%) IWD(70%) |
Factors Impacting EWJ price | EWJ will decline at least -0.485% in a week (0% probabilities). VIXM(-42%) UUP(-36%) VXX(-15%) TBT(-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 | -0.485% (StdDev 0.97%) |
Hourly BBV | 1.1 () |
Intraday Trend | -0.1% |
| |
|
|