| EWJ latest price $50.3900 (-0.77%) ($50.3150 - $50.7800) on Thu. Oct. 6, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.25% (three month average) |
RSI | 42 |
Latest Price | $50.3900(-0.77%) |
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 -0.9% a week on average for past two weeks. |
Market Behavior | Broad based sell-off for large cap. Value stock sell-off for small cap. |
Correlated ETFs | Broad market will support EWJ advance at 0% a week (0% probability) EWG(73%) EWI(72%) SPY(69%) IVE(67%) IVW(67%) |
Factors Impacting EWJ price | EWJ will decline at least -0.625% in a week (0% probabilities). UUP(-24%) TBT(-15%) VIXM(-11%) VXX(-3%) UNG(4%) |
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 | -0.625% (StdDev 1.25%) |
Hourly BBV | -1.4 () |
Intraday Trend | -0.3% |
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