Trading Signals: EWJ Stock Price Prediction and Forecast

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

Wed. May. 19, 2004

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

(iShares MSCI Japan ETF)
EWJ latest price $37.6400 (2.39%) ($37.6000 - $38.4000) on Wed. May. 19, 2004.

Trend Analysis and Forecast

Average Daily Percentage Swing   1.8% (three month average)
RSI   36
Latest Price   $37.6400(2.39%)
Stocks Behave Similarly   Similar Stock List
Top Holdings   Top Holding List
Daily Trend   EWJ declines -0.2% a day on average for past five trading days.
Weekly Trend   EWJ declines -5.2% 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(74%)    EWY(71%)    IWM(69%)
Factors Impacting EWJ price   EWJ will decline at least -0.9% in a week (0% probabilities).
TLT(-23%)    SHY(-15%)    TIP(-7%)    REMX(1%)    LQD(18%)

Relative Volatility (options are extremely cheap)

Market Trend Strength   -0.9% (StdDev 1.8%)
Hourly BBV 0 ()
Intraday Trend -0.6%

1 - 5 Day Possible Target   $26.08(-30.71%)
Resistance Level   $39.55
5 Day Moving Average   $36.82(2.23%)
10 Day Moving Average   $37.54(0.27%)
20 Day Moving Average   $39.55(-4.83%)
To recent high   -15.6%
To recent low   5.3%
Market Cap   $N/A

$. EWJ price fluctuates within 6.09% (three month std-dev: 1.8%) 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

> 20040619

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_19_2004	40.04	39.55	37.54	36.82	36.82	37.28	37.64(2.39%)	DP	OpenShort	-65	0.3	-19	90	29	-162	3.23	49%	0	-58.6	1.8%	0	-0.8	36	0
2	May_18_2004	40.04	39.8	37.9	36.9	36.63	36.26	36.76(2.8%)	DP	OpenShort	-75	-0.1	-53	-90	-12	-176	2.11	47%	-0.05	-58.6	1.78%	0	-1.3	31	0
3	May_17_2004	40.06	40.08	38.33	37.04	36.92	36.36	35.76(-2.61%)	DT	HoldShort	-65	-0.5	-72	-120	-31	-193	3.88	46%	-0.05	-62	1.74%	0	-1.8	22	0
4	May_14_2004	40.08	40.42	38.82	37.23	37.29	37.01	36.72(-1.4%)	DT	HoldShort	-65	-0.2	-73	-50	-29	-203	1.79	48%	-0.07	-69.8	1.73%	0	-1.7	23	0
5	May_13_2004	40.11	40.74	39.21	37.73	37.27	37.48	37.24(-2%)	DT	HoldShort	-65	-0.2	-74	0	-31	-201	2.28	48%	0	-71.6	1.73%	0	-1.7	23	0

6	May_12_2004	40.11	41.01	39.6	38.36	37.83	37.57	38(1.39%)	DP	OpenShort	-75	-0.2	-60	-90	-18	-185	3.37	50%	0.02	-72.1	1.72%	0	-1.6	24	0
7	May_11_2004	40.1	41.26	39.93	39.1	38.47	37.06	37.48(2.07%)	DP	OpenShort	-75	-0.9	-100	-300	-71	-187	3.77	50%	0	-68.1	1.71%	0	-2.1	25	0
8	May_10_2004	40.1	41.59	40.44	39.84	39.55	38.09	36.72(-6.33%)	DT	HoldShort	-65	-1.8	-113	-280	-95	-166	5.87	48%	0	-63.5	1.69%	0	-2.9	22	0
9	May_7_2004	40.1	42	41.08	40.6	40.64	39.89	39.2(-2.97%)	DT	OpenShort	-75	-1.1	-70	-130	-53	-122	3.41	54%	0.07	-68.9	1.49%	0	-2.2	32	0
10	May_6_2004	40.07	42.23	41.46	40.87	40.94	41.02	40.4(-3.16%)	DT	OpenShort	-75	-0.4	-40	20	-20	-98	2.09	58%	0.1	-71.9	1.45%	0	-1.6	32	0

11	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
12	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
13	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
14	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
15	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

16	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
17	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
18	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
19	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
20	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

21	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
22	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
23	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
24	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
25	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%		75.3	1.4%	0	-0.5	49	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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