Trading Signals: EWJ Stock Price Prediction and Forecast

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

Wed. Jun. 21, 2006

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

(iShares MSCI Japan ETF)
EWJ latest price $52.2400 (1.32%) ($51.3200 - $52.6000) on Wed. Jun. 21, 2006.

Trend Analysis and Forecast

Average Daily Percentage Swing   1.49% (three month average)
RSI   34
Latest Price   $52.2400(1.32%)
Stocks Behave Similarly   Similar Stock List
Top Holdings   Top Holding List
Daily Trend   EWJ advances 0.7% a day on average for past five trading days.
Weekly Trend   EWJ declines -3% 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(77%)    EEM(75%)    EWG(75%)    VWO(74%)    EWY(71%)
Factors Impacting EWJ price   EWJ will decline at least -0.745% in a week (0% probabilities).
TLT(-24%)    SHY(-16%)    TIP(-7%)    REMX(1%)    GLD(10%)
Explanation The rally is not sustainable and not supported by the broad market.

Relative Volatility (options are extremely cheap)

Market Trend Strength   -0.745% (StdDev 1.49%)
Hourly BBV 0 ()
Intraday Trend 1.7%

Resistance Level   $53.37
5 Day Moving Average   $51.83(0.79%)
10 Day Moving Average   $51.29(1.85%)
20 Day Moving Average   $53.37(-2.12%)
To recent high   -16%
To recent low   6.3%
Market Cap   $N/A

$. EWJ price fluctuates within 4.55% (three month std-dev: 1.49%) 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

> 20060721

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	Jun_21_2006	56.25	53.37	51.29	51.83	51.79	51.73	52.24(1.32%)	DP	OpenShort	-65	0.2	-19	-10	13	-114	10.21	40%	-0.07	-50.8	1.49%	0	-0.5	34	0
2	Jun_20_2006	56.29	53.54	51.37	51.46	51.7	51.69	51.56(0.23%)	DP	OpenShort	-65	0	-27	10	14	-148	9.42	40%	-0.09	-61.2	1.49%	0	-0.8	32	0
3	Jun_19_2006	56.34	53.78	51.63	50.98	51.33	51.86	51.44(-0.54%)	DP	OpenShort	-65	0.2	-30	90	18	-174	4.92	40%	-0.09	-72.5	1.5%	0	-0.9	34	0
4	Jun_16_2006	56.39	54.09	52	50.88	50.78	51.72	51.72(-0.92%)	DP	OpenShort	-65	0.3	-20	120	34	-183	7.56	40%	-0.07	-74.5	1.51%	0	-0.9	30	0
5	Jun_15_2006	56.43	54.38	52.47	50.82	50.68	50.8	52.2(3.57%)	DP	OpenShort	-65	0.5	-22	10	33	-186	13.26	40%	-0.04	-79.3	1.51%	0	-0.8	35	0

6	Jun_14_2006	56.45	54.63	52.85	50.7	50.76	49.85	50.4(2.52%)	DP	OpenShort	-75	-0.1	-94	-120	-48	-232	10.18	36%	-0.07	-87.3	1.44%	0	-1.6	31	0
7	Jun_13_2006	56.49	55.08	53.41	51.3	51.11	50.56	49.16(-3.46%)	DT	OpenShort	-75	-0.8	-126	-90	-91	-231	15.73	32%	-0.09	-88	1.4%	0	-2.3	25	0
8	Jun_12_2006	56.54	55.63	54.08	52.38	52.12	51.67	50.92(-0.93%)	DT	OpenShort	-75	-0.6	-76	-80	-41	-179	7.54	35%	-0.04	-88.6	1.35%	0	-2	27	0
9	Jun_9_2006	56.56	56.06	54.72	53.28	52.87	51.65	51.4(-0.46%)	DT	HoldShort	-65	-0.9	-107	-180	-87	-166	6.64	35%	-0.05	-89.5	1.35%	0	-2.1	24	0
10	Jun_8_2006	56.59	56.5	55.24	54.38	53.89	52.58	51.64(-3.22%)	DT	OpenShort	-75	-1.3	-115	-200	-108	-135	18.23	35%	-0.02	-83.1	1.36%	0	-2.3	28	0

11	Jun_7_2006	56.6	56.99	55.69	55.3	55.14	54.09	53.36(-2.2%)	DT	OpenShort	-75	-1	-76	-140	-69	-96	6.06	38%	-0.02	-73.2	1.3%	0	-1.8	32	0
12	Jun_6_2006	56.61	57.43	55.94	55.82	55.66	55.2	54.56(-1.59%)	DT	OpenShort	-75	-0.6	-64	-70	-53	-95	8.28	40%	-0.04	-59.9	1.28%	0	-1.4	29	0
13	Jun_5_2006	56.63	57.79	56.14	56.03	56	56.2	55.44(-2.53%)	DT	OpenShort	-75	-0.3	-30	20	-8	-95	5.9	42%	-0.02	-50.4	1.27%	0	-1.1	29	0
14	Jun_2_2006	56.64	58.1	56.38	56.37	56.04	56.13	56.88(1.14%)	DP	OpenShort	-65	0.2	-12	-10	13	-86	5.97	44%	0.02	-40.9	1.24%	0	-0.5	37	0
15	Jun_1_2006	56.63	58.28	56.42	56.27	56.16	55.81	56.24(0.43%)	DP	OpenShort	-75	-0	-33	-50	-5	-118	4.05	44%	-0.02	-39.8	1.25%	0	-0.9	31	0

16	May_31_2006	56.64	58.48	56.53	56.17	56.26	55.95	56(0.72%)	DP	OpenShort	-75	-0.1	-55	-30	-20	-160	6.17	46%	0	-40.5	1.25%	0	-1.1	26	0
17	May_30_2006	56.64	58.7	56.84	56.09	56.25	56.51	55.6(-2.66%)	DT	HoldShort	-65	-0.2	-50	40	-7	-180	3.26	44%	-0.02	-39.9	1.26%	0	-1.4	22	0
18	May_26_2006	56.65	58.91	57.25	56.25	56.27	56.57	57.12(1.28%)	DP	OpenShort	-65	0.4	-28	40	24	-183	5.92	48%	0.02	-40.5	1.22%	0	-0.9	26	0
19	May_25_2006	56.64	59.02	57.46	56.41	56.09	55.99	56.4(1.22%)	DP	OpenShort	-75	-0	-64	-30	-15	-212	5.94	45%	0	-38.9	1.22%	0	-1.3	24	0
20	May_24_2006	56.64	59.19	57.82	56.62	56.49	55.97	55.72(0.22%)	DP	OpenShort	-75	-0.5	-77	-70	-31	-215	8.92	47%	0	-36.7	1.22%	0	-1.9	29	0

21	May_23_2006	56.64	59.4	58.37	56.95	56.98	56.19	55.6(-1.42%)	DT	OpenShort	-75	-0.8	-100	-100	-65	-204	6.59	47%	-0.02	-34.6	1.25%	0	-2.2	31	0
22	May_22_2006	56.65	59.59	59.03	57.69	57.46	57.02	56.4(-2.62%)	DT	OpenShort	-75	-0.9	-93	-70	-69	-164	11.73	49%	0.04	-27.4	1.24%	0	-2.2	32	0
23	May_19_2006	56.63	59.73	59.59	58.39	58.24	57.78	57.92(0.84%)	DP	OpenShort	-75	-0.4	-46	-60	-26	-104	3.73	54%	0.07	-11.5	1.18%	0	-1.4	45	0
24	May_18_2006	56.59	59.8	59.97	58.68	58.73	57.91	57.44(0.07%)	DP	OpenShort	-75	-1	-69	-100	-62	-89	6.49	54%	0.05	-1.4	1.19%	0	-1.9	43	0
25	May_17_2006	56.56	59.89	60.3	59.22	59.23	58.71	57.4(-3.17%)	DT	OpenShort	-75	-1.6	-70	-60	-73	-61	8.85	50%		14.4	1.2%	0	-2.1	42	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

Click to see actual return for next trading day.