Trading Signals: EWJ Stock Price Prediction and Forecast

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Tue. Mar. 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 $40.8000 (1.69%) ($40.5600 - $41.0400) on Tue. Mar. 23, 2004.

Trend Analysis and Forecast

Average Daily Percentage Swing   1.34% (three month average)
RSI   59
Latest Price   $40.8000(1.69%)
Stocks Behave Similarly   Similar Stock List
Top Holdings   Top Holding List
Daily Trend   EWJ advances 0.6% a day on average for past five trading days.
Weekly Trend   EWJ advances 2% 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 -0.67% 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   -0.67% (StdDev 1.34%)
Hourly BBV 0 ()
Intraday Trend -0.5%

5 Day Moving Average   $40.86(-0.15%)
10 Day Moving Average   $39.95(2.13%)
20 Day Moving Average   $39.55(3.16%)
To recent high   -1.6%
To recent low   10.7%
Market Cap   $N/A

$. EWJ price fluctuates within 2.6% (three month std-dev: 1.34%) 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

> 20040423

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	Mar_23_2004	37.94	39.55	39.95	40.86	40.8	40.54	40.8(1.69%)	UT	OpenLong	75	-0.1	29	-50	8	92	1.34	62%	0.08	66.2	1.34%	0	1.2	59	0
2	Mar_22_2004	37.91	39.41	39.8	40.62	40.81	40.56	40.12(-1.57%)	UD	OpenLong	65	-0.5	13	-30	-6	71	1.9	60%	0.08	56.3	1.33%	0	0.7	54	0
3	Mar_19_2004	37.88	39.31	39.73	40.38	40.64	40.56	40.76(-1.74%)	UD	OpenLong	75	0.4	34	90	24	63	2.23	63%	0.11	49	1.32%	0	1.4	54	0
4	Mar_18_2004	37.84	39.18	39.59	40.03	40.18	41.06	41.48(0.88%)	UT	OpenLong	75	1.5	71	160	72	68	2.3	68%	0.11	41.1	1.3%	0	2.4	68	0
5	Mar_17_2004	37.8	39.02	39.36	39.37	39.57	40.23	41.12(3.73%)	UT	OpenLong	75	2.1	58	130	65	38	2.6	68%	0.08	26.2	1.31%	0	2.6	72	0

6	Mar_16_2004	37.77	38.88	39.17	38.94	38.98	39.31	39.64(1.85%)	UT	OpenLong	75	1.1	18	60	20	10	1	64%	0.08	17.6	1.24%	0	1.2	67	0
7	Mar_15_2004	37.74	38.85	39.16	38.88	38.9	38.91	38.92(-0.21%)	UD	OpenLong	75	0.1	7	0	3	20	1.87	62%	0.08	22.9	1.22%	0	0.1	62	0
8	Mar_12_2004	37.71	38.82	39.27	38.98	39.02	38.65	39(2.2%)	N/A	N/A	0	0	-4	-60	-18	39	2.65	62%	0.08	27.6	1.22%	0	0.3	57	0
9	Mar_11_2004	37.68	38.78	39.27	39.08	39.18	38.89	38.16(-2.05%)	N/A	N/A	0	-1.4	-15	-40	-37	51	2.36	59%	0.03	32.6	1.2%	0	-0.9	54	0
10	Mar_10_2004	37.67	38.8	39.26	39.33	39.41	39.39	38.96(-1.02%)	UD	OpenLong	65	-0.6	11	0	-10	75	3.6	63%	0	50.3	1.18%	0	0.2	56	0

11	Mar_9_2004	37.67	38.77	39.15	39.43	39.47	39.48	39.36(-0.1%)	UD	OpenLong	75	-0.1	20	0	1	78	1.41	63%	0.03	51.4	1.19%	0	0.9	57	0
12	Mar_8_2004	37.66	38.7	39.01	39.48	39.43	39.44	39.4(-0.3%)	UD	OpenLong	65	-0.1	9	-0	-9	64	1.83	63%	0.03	47.7	1.2%	0	1	52	0
13	Mar_5_2004	37.65	38.64	38.9	39.61	39.5	39.47	39.52(0.3%)	UT	OpenLong	75	-0.1	25	-10	6	80	1.7	63%	0.03	53.2	1.2%	0	1.3	60	0
14	Mar_4_2004	37.64	38.56	38.75	39.47	39.58	39.42	39.4(-0.2%)	UD	OpenLong	75	-0.1	28	-20	13	74	1.87	63%	0.05	43.2	1.2%	0	1.3	61	0
15	Mar_3_2004	37.62	38.47	38.66	39.17	39.4	39.53	39.48(-0.3%)	UD	OpenLong	75	0.5	26	40	16	54	1.73	63%	0	24.9	1.2%	0	1.6	58	0

16	Mar_2_2004	37.62	38.42	38.56	38.82	39	39.75	39.6(-1.1%)	UD	OpenLong	75	1.3	48	150	48	46	3.16	63%	0.05	6.9	1.21%	0	1.9	61	0
17	Mar_1_2004	37.6	38.38	38.49	38.46	38.51	39.27	40.04(3.09%)	UT	OpenLong	75	2.9	64	140	70	44	3.75	67%	0.05	-16.8	1.2%	0	3	67	0
18	Feb_27_2004	37.58	38.29	38.3	38.11	38	38.26	38.84(2.53%)	UT	OpenLong	75	1.8	24	40	31	3	1.8	63%	0.03	-51.4	1.19%	0	1.3	54	0
19	Feb_26_2004	37.57	38.28	38.23	37.95	37.92	38.26	37.88(0.42%)	DP	OpenShort	-75	-0.2	-12	-30	-8	-23	1.95	59%	0.03	-78.4	1.16%	0	-1	51	0
20	Feb_25_2004	37.56	38.31	38.29	38.07	38.01	37.75	37.72(-0.32%)	DT	OpenShort	-75	-0.9	-26	-50	-30	-12	1.55	59%	0	-83.8	1.16%	0	-1.6	54	0

21	Feb_24_2004	37.56	38.38	38.35	38.26	38.26	38.1	37.84(-1.15%)	DT	OpenShort	-75	-1	-18	-30	-24	-1	1.72	63%	0	-70.2	1.16%	0	-1.4	43	0
22	Feb_23_2004	37.56	38.47	38.37	38.5	38.5	38.27	38.28(0.63%)	N/A	N/A	0	-0.5	-6	-40	-11	11	1.35	63%	0	-41.8	1.18%	0	-0.4	44	0
23	Feb_20_2004	37.56	38.51	38.38	38.52	38.65	38.42	38.04(-1.14%)	N/A	N/A	0	-1	-10	-30	-16	8	3.4	63%	0.03	-34.6	1.18%	0	-1	45	0
24	Feb_19_2004	37.55	38.59	38.37	38.52	38.73	38.72	38.48(-0.41%)	N/A	N/A	0	-0.1	-1	10	-3	6	1.45	63%	0.05	-24.3	1.18%	0	-0.2	48	0
25	Feb_18_2004	37.53	38.63	38.29	38.54	38.6	38.88	38.64(-1.02%)	UD	OpenLong	75	0.2	10	60	13	2	1.15	63%		-16.9	1.18%	0	0	52	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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