| EWJ latest price $60.9100 (2.23%) ($59.7500 - $60.9900) on Wed. Mar. 16, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.16% (three month average) |
RSI | 45 |
Latest Price | $60.9100(2.23%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | EWJ advances 0.4% a day on average for past five trading days. |
Weekly Trend | EWJ declines -2.5% 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(74%) EWG(73%) EWI(72%) FIVG(72%) IVE(72%) |
Factors Impacting EWJ price | EWJ will decline at least -0.58% in a week (0% probabilities). VIXM(-35%) UUP(-35%) TBT(-15%) VXX(-7%) EDOC(2%) |
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 | -0.58% (StdDev 1.16%) |
Hourly BBV | 1.5 () |
Intraday Trend | 0.7% |
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