| EWJ latest price $56.7700 (0.42%) ($56.3300 - $56.7880) on Fri. Jan. 13, 2023. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 1.3% (three month average) |
RSI | 62 |
Latest Price | $56.7700(0.42%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | EWJ advances 0.7% a day on average for past five trading days. |
Weekly Trend | EWJ advances 1.1% a week on average for past two weeks. |
Market Behavior | Normal for large cap. Growth stock rally for small cap. |
Correlated ETFs | Broad market will support EWJ advance at 0% a week (0% probability) VT(71%) EWI(66%) EWG(65%) IVE(61%) SPY(61%) |
Factors Impacting EWJ price | EWJ will decline at least -0.65% in a week (0% probabilities). VIXM(-49%) UUP(-30%) VXX(-15%) TBT(-12%) SHY(2%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -0.65% (StdDev 1.3%) |
Hourly BBV | 1.1 () |
Intraday Trend | 0.7% |
| |
|
|