Trading Signals: EWJ Stock Price Prediction and Forecast

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Wed. May. 5, 2004

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

(iShares MSCI Japan ETF)
EWJ latest price $41.7200 (1.36%) ($41.4400 - $41.8800) on Wed. May. 5, 2004.

Trend Analysis and Forecast

Average Daily Percentage Swing   1.39% (three month average)
RSI   45
Latest Price   $41.7200(1.36%)
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 declines -1.9% 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(74%)    EWY(71%)    IWM(69%)
Factors Impacting EWJ price   EWJ will decline at least -0.695% in a week (0% probabilities).
TLT(-23%)    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   -0.695% (StdDev 1.39%)
Hourly BBV 0 ()
Intraday Trend 0.3%

1 - 5 Day Possible Target   $36.7(-12.03%)
Resistance Level   $42.4
5 Day Moving Average   $41.02(1.71%)
10 Day Moving Average   $41.74(-0.05%)
20 Day Moving Average   $42.4(-1.6%)
To recent high   -6.5%
To recent low   10.6%
Market Cap   $N/A

$. EWJ price fluctuates within 2.59% (three month std-dev: 1.39%) 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

> 20040605

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	May_5_2004	40.03	42.4	41.74	41.02	41.03	41.4	41.72(1.36%)	N/A	N/A	0	0.6	2	60	26	-69	1.23	63%	0.13	-70.3	1.39%	0	-0.6	45	0
2	May_4_2004	39.98	42.53	41.83	40.92	40.9	40.86	41.16(1.58%)	DP	OpenShort	-75	0.2	-27	-10	-5	-91	1.16	58%	0.13	-66.3	1.39%	0	-1.2	36	0
3	May_3_2004	39.93	42.69	41.96	41.19	41.05	40.65	40.52(-0.1%)	DT	OpenShort	-75	-0.6	-52	-80	-36	-100	1.71	57%	0.13	-56.2	1.43%	0	-1.8	26	0
4	Apr_30_2004	39.88	42.89	42.14	41.66	41.53	40.95	40.56(-1.36%)	DT	HoldShort	-65	-1	-60	-110	-46	-101	2.03	57%	0.1	-45.3	1.42%	0	-2.1	23	0
5	Apr_29_2004	39.84	43.07	42.38	42.14	42.11	41.45	41.12(-0.29%)	DT	OpenShort	-75	-1	-56	-110	-46	-84	2.58	57%	0.15	-32.9	1.41%	0	-2	35	0

6	Apr_28_2004	39.78	43.19	42.52	42.55	42.52	42.12	41.24(-3.01%)	DT	OpenShort	-75	-1.5	-48	-70	-39	-73	3.01	54%	0.13	-15.6	1.41%	0	-2.3	34	0
7	Apr_27_2004	39.73	43.3	42.71	42.85	42.79	42.78	42.52(-0.84%)	DT	OpenShort	-75	-0.5	-17	-10	-4	-57	1.37	56%	0.18	7.7	1.38%	0	-1.1	37	0
8	Apr_26_2004	39.66	43.36	42.82	42.82	42.8	42.92	42.88(-0.09%)	DP	OpenShort	-65	0.1	-7	20	11	-59	2	58%	0.15	29.3	1.39%	0	-0.7	37	0
9	Apr_23_2004	39.6	43.36	42.98	42.82	42.74	42.79	42.92(-0.65%)	DP	OpenShort	-65	0.3	-11	10	8	-67	1.79	56%	0.15	41	1.4%	0	-0.7	39	0
10	Apr_22_2004	39.54	43.39	43.05	42.68	42.56	42.68	43.2(1.12%)	DP	OpenShort	-65	0.7	-13	10	6	-71	2.3	56%	0.18	50.9	1.41%	0	-0.3	44	0

11	Apr_21_2004	39.47	43.33	43.11	42.51	42.54	42.69	42.72(0.75%)	DP	OpenShort	-65	0.3	-14	30	7	-77	1.65	56%	0.15	42.2	1.41%	0	-0.8	46	0
12	Apr_20_2004	39.41	43.25	43.26	42.56	42.53	42.44	42.4(0.57%)	DP	OpenShort	-75	-0.2	-24	-20	-8	-73	2.93	56%	0.15	42.8	1.41%	0	-0.9	46	0
13	Apr_19_2004	39.35	43.16	43.46	42.83	42.57	42.39	42.16(-1.77%)	DT	OpenShort	-75	-0.6	-42	-50	-35	-63	2.56	56%	0.15	46.9	1.41%	0	-0.9	41	0
14	Apr_16_2004	39.29	43.1	43.69	43.32	43.07	42.62	42.92(1.32%)	DP	OpenShort	-75	-0.3	-19	-90	-18	-22	1.97	60%	0.1	61.6	1.4%	0	-0.1	49	0
15	Apr_15_2004	39.25	43.04	43.8	43.47	43.49	42.74	42.36(-1.4%)	DT	OpenShort	-75	-0.8	-38	-120	-45	-15	2.56	60%	0.18	75.3	1.4%	0	-0.5	49	0

16	Apr_14_2004	39.18	42.99	43.93	43.78	43.82	43.52	42.96(-1.83%)	CR	SmallShort	-20	-0.6	-25	-50	-40	19	2.22	62%	0.2	86.5	1.39%	0	-0	63	0
17	Apr_13_2004	39.1	42.84	43.98	44.04	44.09	44.23	43.76(-1.88%)	UD	OpenLong	65	-0.2	18	30	-1	74	2.61	62%	0.23	84.1	1.37%	0	0.6	75	0
18	Apr_12_2004	39.01	42.62	43.97	44.18	44.1	44.13	44.6(2.11%)	UT	HoldLong	65	0.2	37	-0	9	122	1.89	65%	0.39	76.6	1.36%	0	1.1	85	0
19	Apr_8_2004	38.86	42.34	43.84	44.13	44.07	43.95	43.68(-0.46%)	UD	OpenLong	65	-0.2	29	-20	-9	141	1.28	63%	0.23	65.6	1.34%	0	0.7	74	0
20	Apr_7_2004	38.77	42.08	43.77	44.18	44.18	44.07	43.88(-0.9%)	UD	OpenLong	65	-0.1	41	-20	-1	166	1.74	63%	0.26	62.2	1.34%	0	0.9	67	0

21	Apr_6_2004	38.67	41.84	43.57	44.1	44.13	44.19	44.28(-0.45%)	UD	OpenLong	75	0.1	48	10	6	174	2.11	63%	0.26	60.2	1.34%	0	1.2	71	0
22	Apr_5_2004	38.57	41.59	43.24	43.9	44.02	44.29	44.48(0.36%)	UT	HoldLong	65	0.3	61	50	20	184	2.54	65%	0.23	58.4	1.34%	0	1.4	79	0
23	Apr_2_2004	38.48	41.33	42.82	43.73	43.73	44.08	44.32(0.82%)	UT	HoldLong	65	0.3	65	60	23	190	4.09	65%	0.21	57.8	1.36%	0	1.5	80	0
24	Apr_1_2004	38.4	41.08	42.47	43.53	43.53	43.75	43.96(1.1%)	UT	HoldLong	65	0.2	69	40	25	201	2.64	65%	0.21	60.5	1.36%	0	1.6	79	0
25	Mar_31_2004	38.32	40.84	42.21	43.31	43.36	43.38	43.48(0.56%)	UT	HoldLong	65	0.1	71	10	20	223	2.22	65%		65.4	1.37%	0	1.5	80	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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