| EWJ latest price $64.0100 (1.52%) ($62.7700 - $64.0500) on Wed. Dec. 13, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1% (three month average) |
RSI | 64 |
Latest Price | $64.0100(1.52%) |
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 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) DIA(94%) GLD(94%) IVE(89%) VT(81%) EWG(80%) |
Factors Impacting EWJ price | EWJ will decline at least -0.5% in a week (0% probabilities). VIXM(-75%) UUP(-14%) USO(5%) TBT(5%) TLT(10%) |
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 | -0.5% (StdDev 1%) |
Hourly BBV | 3.4 () |
Intraday Trend | 1.7% |
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