| EWJ latest price $62.4900 (-0.1%) ($62.3200 - $62.6750) on Wed. Nov. 29, 2023. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 0.97% (three month average) |
RSI | 82 |
Latest Price | $62.4900(-0.1%) |
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 advances 1.7% a week on average for past two weeks. |
Market Behavior | Normal for large cap. Broad based rally for small cap. |
Correlated ETFs | Broad market will support EWJ advance at 0% a week (0% probability) IVE(84%) QQQ(84%) VT(80%) DIA(78%) XLU(74%) |
Factors Impacting EWJ price | EWJ will decline at least -0.485% in a week (0% probabilities). EDOC(-68%) VIXM(-63%) VXX(-50%) UUP(-13%) BNDX(-6%) |
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 | 0.1 () |
Intraday Trend | 0% |
| |
|
|