Trading Signals: EWJ Stock Price Prediction and Forecast

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

Thu. Jun. 5, 2008

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

(iShares MSCI Japan ETF)
EWJ latest price $55.3200 (0.8%) ($54.5200 - $55.3200) on Thu. Jun. 5, 2008.

Trend Analysis and Forecast

Average Daily Percentage Swing   1.61% (three month average)
RSI   56
Latest Price   $55.3200(0.8%)
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 advances 0.7% 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(78%)    EEM(76%)    EWG(76%)    VWO(74%)    EWY(72%)
Factors Impacting EWJ price   EWJ will decline at least -0.805% in a week (0% probabilities).
TLT(-25%)    SHY(-15%)    TIP(-5%)    GLD(8%)    LQD(22%)
Explanation The rally is not sustainable and not supported by the broad market.

Relative Volatility (options are extremely cheap)

Market Trend Strength   -0.805% (StdDev 1.61%)
Hourly BBV 0 ()
Intraday Trend 1.5%

5 Day Moving Average   $54.58(1.36%)
10 Day Moving Average   $54(2.44%)
20 Day Moving Average   $53.74(2.94%)
To recent high   0%
To recent low   19.9%
Market Cap   $N/A

$. EWJ price fluctuates within 1.41% (three month std-dev: 1.61%) daily (68% of days).

Sample size 4 Average positive next day return: 1.41%(75%) Average negative next day return: -0.86%(25%) Sample size 4 Average positive next three day return: 2.01%(50%) Average negative next three day return: -0.96%(50%) Sample size 4 Average positive next weekly return: 2.96%(25%) Average negative next weekly return: -0.57%(75%)

Analysis News Options Weekly Chart Daily Chart 2 Month Daily Chart

> 20080705

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_5_2008	50.93	53.74	54	54.58	54.61	54.85	55.32(0.8%)	UT	OpenLong	75	1	24	30	21	33	4.81	68%	0.12	39	1.61%	0	2.1	56	0
2	Jun_4_2008	50.87	53.62	53.76	54.2	54.42	54.58	54.88(1.18%)	UT	OpenLong	75	1	22	30	23	17	6.23	64%	0.1	28.8	1.61%	0	1.9	62	0
3	Jun_3_2008	50.82	53.56	53.76	53.79	54.03	54.37	54.24(-0.07%)	UD	OpenLong	75	0.7	13	60	15	6	3.77	64%	0.04	20.2	1.64%	0	1.1	62	0
4	Jun_2_2008	50.8	53.52	53.64	53.63	53.62	54.26	54.28(0.22%)	UT	OpenLong	75	1.1	24	80	27	15	4.26	64%	0.08	14.5	1.64%	0	1.3	62	0
5	May_30_2008	50.76	53.48	53.64	53.43	53.33	53.69	54.16(1.35%)	UT	OpenLong	75	1.3	24	40	26	19	6.08	64%	0.04	14.3	1.65%	0	1.2	63	0

6	May_29_2008	50.74	53.45	53.65	53.34	53.16	52.99	53.44(1.14%)	UT	OpenLong	75	0.2	3	-30	0	11	6.54	64%	0.02	28.7	1.66%	0	-0	51	0
7	May_28_2008	50.73	53.43	53.64	53.25	53.28	52.98	52.84(-1.12%)	N/A	N/A	0	-0.8	-13	-40	-18	1	6.75	64%	0.02	35.6	1.66%	0	-1.1	49	0
8	May_27_2008	50.72	53.43	53.65	53.46	53.42	53.33	53.44(0.3%)	N/A	N/A	0	-0	-11	-10	-16	4	4.8	64%	0.02	60.4	1.66%	0	0	47	0
9	May_23_2008	50.71	53.44	53.59	53.66	53.65	53.59	53.28(-0.82%)	N/A	N/A	0	-0.7	-4	-10	-8	10	4.24	66%	0.02	76.6	1.66%	0	-0.3	48	0
10	May_22_2008	50.7	53.4	53.52	53.9	53.93	53.52	53.72(1.44%)	N/A	N/A	0	-0.3	-5	-50	-11	12	3.77	66%	0	71.4	1.67%	0	0.5	52	0

11	May_21_2008	50.7	53.29	53.49	54.01	54.09	53.71	52.96(-1.78%)	N/A	N/A	0	-1.4	-15	-40	-23	10	5.79	66%	0.06	73.6	1.66%	0	-0.4	45	0
12	May_20_2008	50.67	53.24	53.51	54.06	54.27	54.34	53.92(-0.88%)	UD	OpenLong	75	-0.2	10	20	5	24	5.17	65%	0.02	67.3	1.65%	0	0.8	58	0
13	May_19_2008	50.66	53.12	53.49	53.83	54.05	54.47	54.4(-0.15%)	UD	OpenLong	75	0.7	25	70	24	29	5.08	65%	0.02	66.5	1.66%	0	1.5	65	0
14	May_16_2008	50.65	53	53.4	53.5	53.61	54.2	54.48(0.37%)	UT	OpenLong	75	1.2	31	80	34	22	3.4	65%	0.04	72.6	1.67%	0	1.8	59	0
15	May_15_2008	50.63	52.9	53.28	53.1	53.16	53.64	54.28(1.95%)	UT	OpenLong	75	1.4	26	70	30	12	5.38	65%	0.02	70.8	1.68%	0	1.6	65	0

16	May_14_2008	50.62	52.73	53.2	52.92	52.77	53.01	53.24(0.91%)	UT	OpenLong	75	0.4	10	20	10	10	6.87	64%	0.06	75.3	1.67%	0	0.6	67	0
17	May_13_2008	50.59	52.66	53.19	52.9	52.8	52.68	52.76(0.08%)	N/A	N/A	0	-0.1	0	-20	-4	12	6.42	64%	-0.02	73.3	1.67%	0	0.1	60	0
18	May_12_2008	50.6	52.54	53.21	53.1	52.98	52.54	52.72(0.38%)	N/A	N/A	0	-0.3	-9	-60	-20	24	2.87	64%	-0.02	66.4	1.67%	0	0.2	64	0
19	May_9_2008	50.61	52.41	53.21	53.27	53.23	52.92	52.52(-1.57%)	N/A	N/A	0	-0.6	-9	-40	-24	37	4.99	64%	0	59.3	1.67%	0	0.1	53	0
20	May_8_2008	50.61	52.3	53.28	53.46	53.47	53.43	53.36(0.45%)	UD	OpenLong	65	-0.1	10	-0	-5	53	3.98	60%	0.02	56	1.67%	0	0.8	57	0

21	May_7_2008	50.6	52.13	53.1	53.46	53.52	53.54	53.12(-1.26%)	UD	OpenLong	75	-0.3	18	0	3	61	10.36	60%	0	51.3	1.71%	0	0.7	65	0
22	May_6_2008	50.6	51.98	52.98	53.51	53.44	53.5	53.8(0.45%)	UT	OpenLong	75	0.2	21	0	6	64	3.18	60%	0.04	48.9	1.7%	0	1.3	62	0
23	May_5_2008	50.58	51.82	52.73	53.33	53.33	53.51	53.56(0.15%)	UT	OpenLong	75	0.2	22	20	7	65	2.17	56%	0	47.4	1.71%	0	1.4	69	0
24	May_2_2008	50.58	51.7	52.6	53.29	53.23	53.37	53.48(-0.22%)	UD	OpenLong	75	0.2	30	20	13	81	3	56%	-0.04	56.8	1.75%	0	1.5	70	0
25	May_1_2008	50.6	51.58	52.48	53.07	53.11	53.14	53.6(0.9%)	UT	OpenLong	75	0.5	33	10	14	89	4.67	56%		61	1.76%	0	1.8	68	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.