Trading Signals: EWJ Stock Price Prediction and Forecast

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Thu. Feb. 12, 2004

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

(iShares MSCI Japan ETF)
EWJ latest price $38.1200 (-0.94%) ($38.0800 - $38.2800) on Thu. Feb. 12, 2004.

Trend Analysis and Forecast

Average Daily Percentage Swing   1.24% (three month average)
RSI   42
Latest Price   $38.1200(-0.94%)
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 declines -1% 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 -0.62% 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   -0.62% (StdDev 1.24%)
Hourly BBV 0 ()
Intraday Trend -0.2%

1 - 5 Day Possible Target   $35.44(-7.03%)
Resistance Level   $38.68
5 Day Moving Average   $38.22(-0.26%)
10 Day Moving Average   $38.27(-0.39%)
20 Day Moving Average   $38.68(-1.45%)
To recent high   -4%
To recent low   10.8%
Market Cap   $N/A

$. EWJ price fluctuates within 1.53% (three month std-dev: 1.24%) 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	Feb_12_2004	37.39	38.68	38.27	38.22	38.11		38.12(-0.94%)	DT	HoldShort	-50	-0.2	-11	10	1	-46	1.11	53%	0.08	-33.3	1.24%	0	-0.9	42	0
2	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
3	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
4	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
5	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

6	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
7	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
8	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
9	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
10	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

11	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
12	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
13	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
14	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
15	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

16	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
17	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
18	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
19	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
20	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

21	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
22	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
23	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
24	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
25	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%		60.7	1.42%	0	1.5	77	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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