Trading Signals: EWJ Stock Price Prediction and Forecast

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Thu. Aug. 26, 2004

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

(iShares MSCI Japan ETF)
EWJ latest price $39.7200 (-0.4%) ($39.6000 - $40.8000) on Thu. Aug. 26, 2004.

Trend Analysis and Forecast

Average Daily Percentage Swing   1.46% (three month average)
RSI   68
Latest Price   $39.7200(-0.4%)
Stocks Behave Similarly   Similar Stock List
Top Holdings   Top Holding List
Daily Trend   EWJ advances 0.5% a day on average for past five trading days.
Weekly Trend   EWJ advances 1.7% 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 -0.73% 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   -0.73% (StdDev 1.46%)
Hourly BBV 0 ()
Intraday Trend -0.1%

5 Day Moving Average   $39.52(0.51%)
10 Day Moving Average   $38.95(1.98%)
20 Day Moving Average   $38.79(2.4%)
To recent high   -6.5%
To recent low   5.2%
Market Cap   $N/A

$. EWJ price fluctuates within 1.68% (three month std-dev: 1.46%) 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%)

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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	Aug_26_2004	40.14	38.79	38.95	39.52	39.49	39.79	39.72(-0.4%)	UD	OpenLong	75	0.3	36	50	22	79	1.05	46%	-0.12	19	1.46%	0	1.4	68	0
2	Aug_25_2004	40.19	38.75	38.79	39.32	39.28	39.48	39.88(0.81%)	UT	OpenLong	75	0.9	34	30	22	70	0.94	49%	-0.1	2.5	1.47%	0	1.8	66	0
3	Aug_24_2004	40.23	38.7	38.67	39.08	39.08	39.2	39.56(1.54%)	UT	OpenLong	75	0.8	28	20	19	54	2.05	49%	-0.12	-14	1.48%	0	1.5	53	0
4	Aug_23_2004	40.28	38.68	38.55	38.79	38.86	39.08	38.96(-1.32%)	UD	OpenLong	75	0.3	18	50	14	28	0.98	47%	-0.15	-40	1.47%	0	0.5	46	0
5	Aug_20_2004	40.34	38.69	38.47	38.63	38.64	38.96	39.48(1.96%)	UT	OpenLong	75	1.5	26	60	30	12	0.66	47%	-0.1	-57.1	1.47%	0	1.4	46	0

6	Aug_19_2004	40.38	38.67	38.3	38.29	38.32	38.63	38.72(0.1%)	N/A	N/A	0	0.7	7	60	19	-29	0.59	47%	-0.12	-78.1	1.46%	0	0.1	42	0
7	Aug_18_2004	40.43	38.73	38.22	38.18	38.1	38.32	38.68(1.47%)	DP	OpenShort	-65	0.8	-4	30	10	-47	0.73	51%	-0.12	-79.8	1.49%	0	-0.1	47	0
8	Aug_17_2004	40.48	38.78	38.23	38.21	38.08	38	38.12(-0.1%)	DT	OpenShort	-75	-0.1	-14	-20	-1	-51	0.79	48%	-0.15	-72.9	1.51%	0	-0.9	41	0
9	Aug_16_2004	40.54	38.9	38.34	38.21	38.2	37.89	38.16(1.06%)	DP	OpenShort	-75	-0.1	-21	-60	-11	-51	1.49	48%	-0.12	-71.4	1.55%	0	-0.9	39	0
10	Aug_13_2004	40.59	39.02	38.47	38.28	38.34	38.16	37.76(-1.15%)	DT	OpenShort	-75	-0.6	-23	-30	-13	-51	1.25	46%	-0.12	-70.9	1.56%	0	-1.5	34	0

11	Aug_12_2004	40.64	39.16	38.64	38.29	38.39	38.51	38.2(-1.55%)	DT	HoldShort	-50	-0.1	-9	30	2	-43	0.73	46%	-0.1	-74.4	1.57%	0	-1.1	40	0
12	Aug_11_2004	40.68	39.26	38.71	38.25	38.33	38.52	38.8(0.83%)	DP	OpenShort	-65	0.6	-8	40	8	-54	1.1	48%	-0.05	-73.3	1.57%	0	-0.5	36	0
13	Aug_10_2004	40.7	39.35	38.73	38.27	38.27	38.27	38.48(0.84%)	DP	OpenShort	-75	0.2	-18	0	-3	-63	1.11	43%	-0.05	-63.6	1.58%	0	-0.9	39	0
14	Aug_9_2004	40.72	39.5	38.81	38.43	38.37	38.14	38.16(0.95%)	DP	OpenShort	-75	-0.3	-29	-50	-17	-66	0.77	43%	-0.05	-51.4	1.77%	0	-1.4	28	0
15	Aug_6_2004	40.74	39.64	38.94	38.72	38.67	38.27	37.8(-0.53%)	DT	OpenShort	-75	-1	-34	-80	-23	-65	2.15	39%	-0.1	-48.8	1.81%	0	-1.9	26	0

16	Aug_5_2004	40.78	39.79	39.08	39.03	38.99	38.61	38(-2.36%)	DT	OpenShort	-75	-1.2	-31	-70	-21	-59	1.32	39%	-0.07	-49.5	1.85%	0	-2.1	29	0
17	Aug_4_2004	40.81	39.89	39.3	39.22	39.21	39.07	38.92(-0.92%)	DT	OpenShort	-75	-0.4	-19	-30	-9	-49	1.14	42%	-0.02	-65.4	1.83%	0	-1.3	37	0
18	Aug_3_2004	40.82	39.97	39.38	39.24	39.22	39.37	39.28(-0.81%)	DP	OpenShort	-65	0.1	-12	30	1	-51	0.95	42%	0	-80	1.84%	0	-1	36	0
19	Aug_2_2004	40.82	40.02	39.51	39.25	39.14	39.36	39.6(0.61%)	DP	OpenShort	-65	0.5	-6	30	10	-55	0.7	42%	0.02	-93.3	1.84%	0	-0.6	31	0
20	Jul_30_2004	40.81	40.11	39.6	39.2	39.07	39.08	39.36(1.13%)	DP	OpenShort	-65	0.2	-13	-10	3	-62	0.75	42%	0.02	-92.3	1.85%	0	-1	39	0

21	Jul_29_2004	40.8	40.22	39.71	39.16	39.22	38.92	38.92(-0.31%)	DT	OpenShort	-75	-0.3	-28	-50	-13	-74	0.87	42%	0	-90.8	1.85%	0	-1.6	35	0
22	Jul_28_2004	40.8	40.4	39.84	39.4	39.35	39.07	39.04(-0.71%)	DT	OpenShort	-75	-0.4	-30	-50	-19	-64	1.63	40%	0	-72.2	1.85%	0	-1.5	47	0
23	Jul_27_2004	40.8	40.56	40.01	39.53	39.58	39.52	39.32(-0.1%)	DT	OpenShort	-75	-0.2	-24	-10	-14	-55	2.05	40%	0	-63.4	1.89%	0	-1.3	43	0
24	Jul_26_2004	40.8	40.7	40.24	39.81	39.83	39.63	39.36(0.51%)	DP	OpenShort	-75	-0.5	-15	-30	-10	-31	1.03	40%	-0.02	-49.8	1.89%	0	-1.4	47	0
25	Jul_23_2004	40.81	40.84	40.39	40.06	40.02	39.65	39.16(-2.39%)	DT	OpenShort	-75	-1	-24	-70	-22	-30	0.79	40%		-38.2	1.89%	0	-1.8	38	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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