Trading Signals: EWJ Stock Price Prediction and Forecast

^ EWJ: Intraday Hourly Forecast Similar Waves GapOpen Research Timing Gains Losses Strategies Practice

Wed. Feb. 11, 2004

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

(iShares MSCI Japan ETF)
EWJ latest price $38.4800 (0.63%) ($38.0000 - $38.5600) on Wed. Feb. 11, 2004.

Trend Analysis and Forecast

Average Daily Percentage Swing   1.26% (three month average)
RSI   39
Latest Price   $38.4800(0.63%)
Stocks Behave Similarly   Similar Stock List
Top Holdings   Top Holding List
Daily Trend   EWJ advances 0.5% a day on average for past five trading days.
Weekly Trend   EWJ declines -1.3% 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 -0.63% 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   -0.63% (StdDev 1.26%)
Hourly BBV 0 ()
Intraday Trend 1.3%

1 - 5 Day Possible Target   $35.43(-7.93%)
Resistance Level   $38.72
5 Day Moving Average   $38.18(0.79%)
10 Day Moving Average   $38.32(0.42%)
20 Day Moving Average   $38.72(-0.62%)
To recent high   -3.1%
To recent low   11.9%
Market Cap   $N/A

$. EWJ price fluctuates within 1.5% (three month std-dev: 1.26%) 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

> 20040311

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	Feb_11_2004	37.36	38.72	38.32	38.18	38.12	38.22	38.48(0.63%)	DP	OpenShort	-65	0.5	-1	10	17	-54	1.18	49%	0.08	-36	1.26%	0	-0.4	39	0
2	Feb_10_2004	37.33	38.73	38.31	38	38.05	38.01	38.24(0.84%)	DP	OpenShort	-75	0.4	-23	-0	-2	-85	0.59	49%	0.05	-51	1.29%	0	-0.9	41	0
3	Feb_9_2004	37.31	38.77	38.4	38.09	37.94	38.03	37.92(-1.15%)	DT	OpenShort	-75	-0.3	-33	0	-15	-87	1.12	49%	0.05	-50.3	1.3%	0	-1.5	39	0
4	Feb_6_2004	37.29	38.83	38.57	38.28	38.14	38.09	38.36(1.16%)	DP	OpenShort	-65	0.2	-14	-20	3	-63	1.07	46%	0.05	-44.1	1.29%	0	-0.9	43	0
5	Feb_5_2004	37.27	38.87	38.64	38.34	38.31	37.85	37.92(0.96%)	DP	OpenShort	-75	-0.8	-34	-90	-23	-65	1.8	46%	0.05	-36	1.33%	0	-1.8	46	0

6	Feb_4_2004	37.25	38.93	38.82	38.48	38.49	38.2	37.56(-2.9%)	DT	OpenShort	-75	-1.9	-38	-50	-33	-52	1.53	46%	0.03	-26.8	1.32%	0	-2.9	41	0
7	Feb_3_2004	37.24	39.02	39.01	38.65	38.72	38.76	38.68(-0.51%)	DT	OpenShort	-75	0.1	-10	10	-5	-23	0.71	50%	0.11	-7.6	1.28%	0	-0.9	52	0
8	Feb_2_2004	37.2	39.02	39.08	38.74	38.75	38.77	38.88(0.62%)	DP	OpenShort	-75	0.4	-9	0	-6	-16	2.34	50%	0.11	24.2	1.29%	0	-0.5	47	0
9	Jan_30_2004	37.16	39.02	39.11	38.91	38.88	38.68	38.64(0%)	DT	HoldShort	-50	-0.7	-11	-40	-13	-4	0.96	47%	0.13	59.8	1.31%	0	-1.1	49	0
10	Jan_29_2004	37.11	39.02	39.12	39	39.18	38.74	38.64(0.63%)	DP	OpenShort	-75	-1	-22	-60	-26	-10	1.56	47%	0.11	83.2	1.31%	0	-1.1	45	0

11	Jan_28_2004	37.07	39.06	39.15	39.22	39.36	39.08	38.4(-1.94%)	N/A	N/A	0	-2.2	-26	-40	-34	0	2.83	50%	0.11	113.4	1.31%	0	-1.7	47	0
12	Jan_27_2004	37.03	39.05	39.15	39.42	39.59	39.62	39.16(-1.41%)	UD	OpenLong	65	-0.7	3	20	-2	19	1.57	55%	0.14	145.4	1.31%	0	0.3	49	0
13	Jan_26_2004	36.98	38.98	39.19	39.46	39.58	39.65	39.72(1.64%)	UT	OpenLong	75	0.6	14	20	11	24	1.51	57%	0.16	134.8	1.31%	0	1.6	50	0
14	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
15	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

16	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
17	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
18	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
19	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
20	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

21	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
22	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
23	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
24	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
25	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%		54.7	1.43%	0	1.3	70	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

Click to see actual return for next trading day.