Trading Signals: EWJ Stock Price Prediction and Forecast

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Fri. Jan. 23, 2004

Trading Signals: EWJ Stock Price Prediction and Forecast (Tue. Apr. 1, 2003 - Fri. Dec. 22, 2023)

(iShares MSCI Japan ETF)
EWJ latest price $39.0800 (-1.61%) ($38.9600 - $39.8800) on Fri. Jan. 23, 2004.

Trend Analysis and Forecast

Average Daily Percentage Swing   1.3% (three month average)
RSI   53
Latest Price   $39.0800(-1.61%)
Stocks Behave Similarly   Similar Stock List
Top Holdings   Top Holding List
Daily Trend   EWJ advances 0.2% a day on average for past five trading days.
Weekly Trend   EWJ advances 0.3% a week on average for past two weeks.
Market Behavior   Normal for large cap. Normal for small cap.
Correlated ETFs   Broad market will support EWJ advance at 0% a week (0% probability)
EEM(75%)    SPY(75%)    EWG(73%)    EWY(71%)    IWM(69%)
Factors Impacting EWJ price   EWJ will decline at least -0.65% in a week (0% probabilities).
TLT(-22%)    SHY(-15%)    TIP(-6%)    REMX(1%)    LQD(18%)
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 0 ()
Intraday Trend -1.7%

5 Day Moving Average   $39.35(-0.69%)
10 Day Moving Average   $39.11(-0.08%)
20 Day Moving Average   $38.84(0.62%)
To recent high   -1.6%
To recent low   13.6%
Market Cap   $N/A

$. EWJ price fluctuates within 1.34% (three month std-dev: 1.3%) daily (68% of days).

Sample size 0 Average positive next day return: 0%(0%) Average negative next day return: 0%(0%) Sample size 0 Average positive next three day return: 0%(0%) Average negative next three day return: %(0%) Sample size 0 Average positive next weekly return: 0%(0%) Average negative next weekly return: 0%(0%)

Analysis News Options Weekly Chart Daily Chart 2 Month Daily Chart

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i	Date	ema100	ema20	ema10	ema5	Slow Hourly Trend	Fast Hourly Trend	Close	Pattern	Trade	P	SMA5 BBV	WTF	lsma10 Trend	ema5 Trend	ema10 Trend	Volume millions	Quarterly Strength	100 Daily Trend	Daily Trend Force	Daily StdDev	Hourly BBV	BBV	RSI	VIXCD
1	Jan_23_2004	36.92	38.84	39.11	39.35	39.44	39.57	39.08(-1.61%)	UD	OpenLong	75	-0.5	10	30	8	17	2.32	50%	0.14	117.2	1.3%	0	0.5	53	0
2	Jan_22_2004	36.87	38.76	39.12	39.26	39.34	39.52	39.72(0.81%)	UT	OpenLong	75	0.9	22	40	21	23	1.41	48%	0.14	116.8	1.35%	0	1.8	62	0
3	Jan_21_2004	36.82	38.63	39.04	39.09	39.07	39.3	39.4(0.1%)	UT	OpenLong	75	0.5	13	40	12	14	1.47	48%	0.14	91.9	1.41%	0	1.1	61	0
4	Jan_20_2004	36.77	38.5	39.02	38.93	38.98	39.17	39.36(0.41%)	UT	OpenLong	75	0.6	17	40	16	19	1.47	48%	0.16	80.7	1.41%	0	1.2	65	0
5	Jan_16_2004	36.71	38.38	39.03	38.9	38.84	38.83	39.2(1.55%)	UT	OpenLong	75	0.3	11	-10	4	31	2.64	48%	0.16	71.4	1.41%	0	1	66	0

6	Jan_15_2004	36.65	38.24	39.03	38.84	38.85	38.78	38.6(-0.72%)	UD	OpenLong	65	-0.3	4	-10	-9	44	0.85	43%	0.16	71.1	1.4%	0	0.4	69	0
7	Jan_14_2004	36.59	38.15	38.99	38.97	38.91	38.85	38.88(0.73%)	UD	OpenLong	65	-0.1	14	-20	-4	66	1.02	43%	0.16	70.6	1.41%	0	0.7	65	0
8	Jan_13_2004	36.53	38.03	38.95	38.98	38.96	38.92	38.6(-1.53%)	UD	OpenLong	65	-0.4	16	-10	-6	80	2.78	43%	0.16	68.5	1.42%	0	0.5	65	0
9	Jan_12_2004	36.47	37.93	38.9	39.1	38.97	38.97	39.2(0.72%)	UT	HoldLong	50	0.1	22	-10	-5	104	0.81	45%	0.16	69	1.41%	0	1.2	74	0
10	Jan_9_2004	36.41	37.78	38.76	39.18	39	39	38.92(-0.82%)	UD	OpenLong	65	-0.2	29	-10	-2	121	1.41	48%	0.17	68.2	1.42%	0	1	70	0

11	Jan_8_2004	36.35	37.61	38.56	39.16	39.17	38.98	39.24(0.82%)	UT	HoldLong	65	0.1	38	-30	6	132	1.41	46%	0.19	60.7	1.42%	0	1.5	77	0
12	Jan_7_2004	36.28	37.45	38.38	39.02	39.09	39	38.92(-0.82%)	UD	OpenLong	65	-0.1	26	-10	-8	128	1.23	46%	0.17	54.7	1.43%	0	1.3	70	0
13	Jan_6_2004	36.22	37.33	38.21	38.92	39.01	39.37	39.24(-0.91%)	UD	OpenLong	75	0.3	51	70	20	144	1.61	46%	0.22	51.8	1.43%	0	1.7	75	0
14	Jan_5_2004	36.14	37.19	37.95	38.66	38.78	39.19	39.6(2.06%)	UT	HoldLong	65	0.9	68	80	43	141	2.88	46%	0.22	53.6	1.43%	0	2.3	76	0
15	Jan_2_2004	36.06	37.05	37.67	38.27	38.33	38.65	38.8(0.62%)	UT	HoldLong	65	0.6	54	60	31	123	1	48%	0.39	58.3	1.42%	0	2	76	0

16	Dec_31_2003	35.92	36.94	37.41	37.88	37.99	38.38	38.56(0.42%)	UT	HoldLong	65	0.9	49	80	30	106	0.58	53%	0.22	63.5	1.44%	0	2.2	78	0
17	Dec_30_2003	35.84	36.84	37.22	37.64	37.61	38	38.4(1.16%)	UT	OpenLong	75	1.2	43	70	26	92	0.79	53%	0.22	71.8	1.53%	0	2.4	68	0
18	Dec_29_2003	35.76	36.75	37.01	37.39	37.36	37.61	37.96(0.85%)	UT	OpenLong	75	1.1	38	40	25	77	0.96	53%	0.22	93.1	1.53%	0	2.3	61	0
19	Dec_26_2003	35.68	36.64	36.86	37.14	37.18	37.22	37.64(2.17%)	UT	OpenLong	75	1	24	10	13	57	0.33	53%	0.39	102.3	1.53%	0	2.1	57	0
20	Dec_24_2003	35.54	36.55	36.71	36.98	36.98	37.12	36.84(-1.39%)	UD	OpenLong	75	-0.3	14	30	6	38	0.42	49%	0.2	107.9	1.52%	0	0.6	48	0

21	Dec_23_2003	35.47	36.48	36.59	36.86	36.88	37.14	37.36(0.54%)	UT	OpenLong	75	1	21	50	20	25	0.52	49%	0.23	96.5	1.52%	0	1.7	53	0
22	Dec_22_2003	35.39	36.38	36.46	36.73	36.6	36.84	37.16(1.31%)	UT	OpenLong	75	0.8	14	40	15	10	0.99	47%	0.2	96.5	1.52%	0	1.5	55	0
23	Dec_19_2003	35.32	36.27	36.46	36.58	36.48	36.62	36.68(-0.43%)	N/A	N/A	0	0.2	6	20	10	-5	0.72	47%	0.2	69.1	1.53%	0	0.7	46	0
24	Dec_18_2003	35.25	36.16	36.46	36.54	36.5	36.36	36.84(1.54%)	N/A	N/A	0	0.4	4	-30	6	-1	1.45	49%	0.17	43.4	1.54%	0	1	60	0
25	Dec_17_2003	35.19	36.06	36.38	36.4	36.45	36.35	36.28(-1.09%)	DT	OpenShort	-75	-0.2	-3	-20	-3	-1	1.08	47%		24.5	1.55%	0	0.3	57	0
i	Date	ema100	ema20	ema10	ema5	Slow Hourly Trend	Fast Hourly Trend	Close	Pattern	Trade	P	SMA5 BBV	WTF	lsma10 Trend	ema5 Trend	ema10 Trend	Volume millions	Quarterly Strength	100 Daily Trend	Daily Trend Force	Daily StdDev	Hourly BBV	BBV	RSI	VIXCD

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