Trading Signals: EWJ Stock Price Prediction and Forecast

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

Wed. Jul. 14, 2004

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

(iShares MSCI Japan ETF)
EWJ latest price $40.6800 (-2.4%) ($40.5200 - $41.0000) on Wed. Jul. 14, 2004.

Trend Analysis and Forecast

Average Daily Percentage Swing   1.87% (three month average)
RSI   45
Latest Price   $40.6800(-2.4%)
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 -1.5% 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)
SPY(76%)    EEM(75%)    EWG(74%)    EWY(71%)    EWI(69%)
Factors Impacting EWJ price   EWJ will decline at least -0.935% in a week (0% probabilities).
TLT(-23%)    SHY(-16%)    TIP(-7%)    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   -0.935% (StdDev 1.87%)
Hourly BBV 0 ()
Intraday Trend 0.3%

Resistance Level   $41.26
5 Day Moving Average   $40.76(-0.2%)
10 Day Moving Average   $40.99(-0.76%)
20 Day Moving Average   $41.26(-1.41%)
To recent high   -5.8%
To recent low   13.8%
Market Cap   $N/A

$. EWJ price fluctuates within 1.75% (three month std-dev: 1.87%) 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

> 20040814

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	Jul_14_2004	40.72	41.26	40.99	40.76	40.88	41.01	40.68(-2.4%)	DT	HoldShort	-50	-0.1	-10	30	3	-47	2.48	40%	0.07	4.6	1.87%	0	-0.8	45	0
2	Jul_13_2004	40.69	41.28	41.14	40.72	40.71	41.05	41.68(2.06%)	N/A	N/A	0	1.4	6	60	20	-37	2.62	40%	0.07	3.5	1.86%	0	0.6	53	0
3	Jul_12_2004	40.66	41.2	41.18	40.41	40.51	40.75	40.84(0.1%)	DP	OpenShort	-65	0.6	-5	50	9	-48	1.09	40%	0.07	-4.3	1.85%	0	-0.5	48	0
4	Jul_9_2004	40.63	41.21	41.3	40.54	40.36	40.37	40.8(2.51%)	DP	OpenShort	-75	0.3	-14	-10	-5	-41	0.81	40%	0.07	12.2	1.87%	0	-0.5	51	0
5	Jul_8_2004	40.6	41.17	41.42	40.72	40.55	40.28	39.8(-1.68%)	DT	OpenShort	-75	-1.2	-26	-60	-24	-33	0.96	38%	0.02	18.5	1.86%	0	-1.8	43	0

6	Jul_7_2004	40.59	41.23	41.61	41.26	41.03	40.36	40.48(0.9%)	DP	OpenShort	-75	-1	-24	-130	-29	-8	0.87	38%	0.02	44.9	1.85%	0	-1	48	0
7	Jul_6_2004	40.58	41.26	41.72	41.62	41.46	40.82	40.12(-3.28%)	N/A	N/A	0	-2	-31	-120	-43	5	1.17	38%	0.05	65.2	1.84%	0	-1.5	43	0
8	Jul_2_2004	40.56	41.23	41.85	42.05	41.97	41.7	41.48(-0.58%)	N/A	N/A	0	-0.7	-2	-50	-17	45	0.54	40%	0.07	74.4	1.79%	0	0.3	75	0
9	Jul_1_2004	40.53	41.11	41.81	42.16	42.18	42.09	41.72(-1.79%)	UD	OpenLong	65	-0.5	10	-10	-6	56	1.28	40%	0.1	67.1	1.79%	0	0.6	60	0
10	Jun_30_2004	40.49	41.03	41.73	42.22	42.21	42.24	42.48(0.47%)	UT	HoldLong	65	0.3	22	0	5	73	1.48	41%	0.1	73.3	1.77%	0	1.5	77	0

11	Jun_29_2004	40.45	40.89	41.57	42.03	42.14	42.28	42.28(0%)	UT	HoldLong	50	0.3	26	30	11	69	1.09	41%	0.12	75.9	1.77%	0	1.5	62	0
12	Jun_28_2004	40.4	40.77	41.44	41.85	41.92	42.18	42.28(0.57%)	UT	OpenLong	75	0.5	28	50	16	65	1.41	41%	0.1	81.2	1.77%	0	1.7	60	0
13	Jun_25_2004	40.36	40.63	41.21	41.63	41.63	42	42.04(0%)	UT	HoldLong	50	0.5	30	60	19	62	1.32	44%	0.1	90.4	1.78%	0	1.7	70	0
14	Jun_24_2004	40.32	40.48	41.09	41.4	41.45	41.67	42.04(1.25%)	UT	OpenLong	75	0.8	34	40	22	68	2.04	46%	0.12	95	1.81%	0	1.9	72	0
15	Jun_23_2004	40.27	40.33	40.87	41.17	41.17	41.27	41.52(0.39%)	UT	OpenLong	75	0.4	17	20	6	51	2.18	47%	0.05	103	1.83%	0	1.5	59	0

16	Jun_22_2004	40.25	40.18	40.79	41.05	41.04	41.23	41.36(0.39%)	UT	OpenLong	75	0.4	20	30	8	55	2.02	46%	0.07	116.8	1.84%	0	1.5	60	0
17	Jun_21_2004	40.22	40.04	40.74	40.97	40.96	41.07	41.2(0.78%)	UT	OpenLong	75	0.3	26	20	14	62	1.25	46%	0.07	120.3	1.85%	0	1.4	57	0
18	Jun_18_2004	40.19	39.88	40.56	40.72	40.84	40.86	40.88(0%)	UT	HoldLong	50	0.2	14	10	4	45	1.13	45%	0.05	113.6	1.86%	0	1.2	58	0
19	Jun_17_2004	40.17	39.72	40.37	40.73	40.62	40.85	40.88(-0.1%)	UD	OpenLong	75	0.2	16	30	6	47	0.84	48%	0.07	102.1	1.86%	0	1.2	62	0
20	Jun_16_2004	40.14	39.53	40.28	40.53	40.63	40.83	40.92(-0.1%)	UD	OpenLong	75	0.4	22	40	14	47	0.99	49%	0.02	87.1	1.92%	0	1.4	60	0

21	Jun_15_2004	40.13	39.28	40.15	40.5	40.51	40.4	40.96(2.5%)	UT	OpenLong	75	0.4	12	-20	-0	49	1.17	49%	0.05	73.4	1.93%	0	1.5	64	0
22	Jun_14_2004	40.11	39.07	40.04	40.49	40.46	40.44	39.96(-2.35%)	UD	OpenLong	65	-0.4	12	-10	-4	60	1.35	47%	0.02	54.5	1.91%	0	0.7	60	0
23	Jun_10_2004	40.1	38.94	40.02	40.36	40.62	40.62	40.92(2.61%)	UT	OpenLong	75	0.4	35	20	21	78	1.85	49%	0.02	38.4	1.91%	0	1.4	69	0
24	Jun_9_2004	40.09	38.78	39.82	39.94	40.21	40.48	39.88(-2.16%)	UD	OpenLong	75	-0	17	70	1	64	1.42	47%	0.02	19.8	1.88%	0	0.8	67	0
25	Jun_8_2004	40.08	38.66	39.75	39.97	39.87	40.61	40.76(-0.39%)	UD	OpenLong	75	0.6	44	120	26	96	1.32	49%		8.5	1.86%	0	1.5	78	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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