Trading Signals: EWJ Stock Price Prediction and Forecast

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

Mon. Aug. 11, 2008

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

(iShares MSCI Japan ETF)
EWJ latest price $46.8000 (0.6%) ($46.4800 - $46.9200) on Mon. Aug. 11, 2008.

Trend Analysis and Forecast

Average Daily Percentage Swing   1.31% (three month average)
RSI   37
Latest Price   $46.8000(0.6%)
Stocks Behave Similarly   Similar Stock List
Top Holdings   Top Holding List
Daily Trend   EWJ advances 0.3% a day on average for past five trading days.
Weekly Trend   EWJ declines -2.2% 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)
SPY(78%)    EEM(76%)    EWG(76%)    VWO(74%)    EWY(72%)
Factors Impacting EWJ price   EWJ will decline at least -0.655% in a week (0% probabilities).
TLT(-25%)    SHY(-15%)    TIP(-5%)    GLD(9%)    LQD(22%)
Explanation The rally is not sustainable and not supported by the broad market.

Relative Volatility (options are extremely cheap)

Market Trend Strength   -0.655% (StdDev 1.31%)
Hourly BBV 0 ()
Intraday Trend 0.3%

1 - 5 Day Possible Target   $43.03(-8.06%)
Resistance Level   $47.79
5 Day Moving Average   $46.64(0.34%)
10 Day Moving Average   $47.13(-0.7%)
20 Day Moving Average   $47.79(-2.07%)
To recent high   -15.4%
To recent low   2.1%
Market Cap   $N/A

$. EWJ price fluctuates within 2.01% (three month std-dev: 1.31%) daily (68% of days).

Sample size 8 Average positive next day return: 1.73%(25%) Average negative next day return: -0.75%(75%) Sample size 8 Average positive next three day return: 1.7%(75%) Average negative next three day return: -1.8%(25%) Sample size 8 Average positive next weekly return: 2.58%(50%) Average negative next weekly return: -0.7%(50%)

Analysis News Options Weekly Chart Daily Chart 2 Month Daily Chart

> 20080911

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_11_2008	50.92	47.79	47.13	46.64	46.41	46.38	46.8(0.6%)	DP	OpenShort	-65	0.2	-12	-20	16	-95	7.12	26%	-0.08	-48.3	1.31%	0	-1	37	NAN
2	Aug_8_2008	50.96	47.87	47.25	46.5	46.48	46.04	46.52(1.48%)	DP	OpenShort	-75	0	-47	-70	-22	-121	5.24	26%	-0.04	-58.2	1.31%	0	-1.4	41	NAN
3	Aug_7_2008	50.98	47.95	47.45	46.66	46.55	46.44	45.84(-2.22%)	DT	OpenShort	-75	-0.9	-61	-20	-41	-120	4.55	23%	-0.02	-62.4	1.3%	0	-2.4	36	NAN
4	Aug_6_2008	50.99	48.09	47.79	47.1	46.9	46.93	46.88(-0.59%)	DT	OpenShort	-75	-0.3	-27	-10	-9	-81	3.58	25%	-0.04	-61.5	1.28%	0	-1.6	40	NAN
5	Aug_5_2008	51.01	48.17	48.02	47.47	47.23	46.66	47.16(2.25%)	DP	OpenShort	-75	-0.4	-35	-100	-25	-64	6.36	25%	0	-63.3	1.28%	0	-1.4	40	NAN

6	Aug_4_2008	51.01	48.26	48.19	47.7	47.64	46.87	46.12(-2.54%)	DT	OpenShort	-75	-2.3	-60	-120	-61	-56	5.88	19%	0	-61.4	1.25%	0	-3.1	44	NAN
7	Aug_1_2008	51.01	48.42	48.43	48.09	48.09	47.8	47.32(-1.42%)	DT	OpenShort	-75	-1.5	-37	-40	-40	-27	5.26	21%	-0.04	-70.5	1.21%	0	-2.2	45	NAN
8	Jul_31_2008	51.03	48.51	48.54	48.34	48.32	48.41	48(-1.56%)	N/A	N/A	0	-0.7	-7	10	-10	2	4.92	22%	-0.04	-66	1.21%	0	-1.1	52	NAN
9	Jul_30_2008	51.05	48.56	48.59	48.58	48.46	48.37	48.76(0.91%)	UT	HoldLong	50	0.4	4	-20	-1	17	5.7	24%	0	-70.5	1.21%	0	0.4	51	NAN
10	Jul_29_2008	51.05	48.62	48.58	48.66	48.64	48.23	48.32(0.58%)	N/A	N/A	0	-0.6	-13	-60	-24	19	4.3	24%	0	-55.6	1.2%	0	-0.5	52	NAN

11	Jul_28_2008	51.05	48.69	48.51	48.78	48.93	48.54	48.04(-1.15%)	N/A	N/A	0	-1.2	-15	-50	-24	12	3.8	29%	0	-51.9	1.2%	0	-1	44	NAN
12	Jul_25_2008	51.05	48.78	48.54	48.82	48.98	49.06	48.6(-1.14%)	N/A	N/A	0	-0.3	-0	20	-5	14	5.32	34%	0	-52.6	1.22%	0	-0.3	45	NAN
13	Jul_24_2008	51.05	48.82	48.48	48.74	48.89	49.31	49.16(-0.08%)	UD	OpenLong	75	0.6	25	70	29	13	7.57	34%	0	-71.9	1.24%	0	0.5	49	NAN
14	Jul_23_2008	51.05	48.89	48.42	48.6	48.58	48.9	49.2(0.65%)	N/A	N/A	0	0.8	18	40	24	-1	5.26	34%	0	-73.5	1.24%	0	0.4	50	NAN
15	Jul_22_2008	51.05	48.94	48.42	48.5	48.45	48.47	48.88(1.33%)	N/A	N/A	0	0.5	8	-0	19	-26	5.69	32%	-0.02	-86	1.25%	0	-0.1	39	NAN

16	Jul_21_2008	51.06	49.02	48.3	48.5	48.37	48.27	48.24(0%)	DP	OpenShort	-65	0	-16	-10	-2	-58	3.13	29%	-0.04	-95.7	1.26%	0	-0.8	36	NAN
17	Jul_18_2008	51.08	49.12	48.38	48.22	48.19	48.43	48.24(-0.41%)	DT	OpenShort	-75	0	-18	30	-2	-65	3.8	35%	-0.04	-102.1	1.26%	0	-0.9	37	NAN
18	Jul_17_2008	51.1	49.3	48.47	48.17	48.24	48.48	48.44(-0.49%)	N/A	N/A	0	0.2	3	40	23	-59	6	35%	-0.06	-87	1.31%	0	-0.8	41	NAN
19	Jul_16_2008	51.13	49.48	48.52	48.2	48.06	47.95	48.68(2.53%)	DP	OpenShort	-75	0.4	-21	-20	0	-82	6.81	41%	-0.06	-74.9	1.32%	0	-0.6	35	NAN
20	Jul_15_2008	51.16	49.67	48.64	48.1	48.11	48	47.48(-1.66%)	DT	OpenShort	-75	-0.4	-40	-20	-21	-98	6.38	36%	-0.08	-67.7	1.34%	0	-1.6	30	NAN

21	Jul_14_2008	51.2	49.92	48.89	48.39	48.35	48.17	48.28(0.67%)	DP	OpenShort	-75	-0.1	-29	-30	-9	-87	7.36	38%	-0.02	-65.6	1.33%	0	-1.2	31	NAN
22	Jul_11_2008	51.21	50.1	49.04	48.57	48.43	48.22	47.96(-1.32%)	DT	OpenShort	-75	-0.4	-42	-40	-26	-91	6.33	38%	-0.04	-67.3	1.33%	0	-1.5	33	NAN
23	Jul_10_2008	51.23	50.28	49.2	48.81	48.75	48.53	48.6(0.91%)	DP	OpenShort	-75	-0.2	-32	-40	-11	-95	6.96	38%	-0.02	-79	1.32%	0	-1.3	27	NAN
24	Jul_9_2008	51.24	50.43	49.41	48.89	48.94	48.64	48.16(-1.63%)	DT	HoldShort	-65	-0.6	-50	-40	-29	-111	6.58	38%	-0.04	-91.9	1.32%	0	-1.7	23	NAN
25	Jul_8_2008	51.26	50.64	49.63	49.27	49.13	48.98	48.96(-0.41%)	DT	HoldShort	-65	-0.3	-44	-30	-22	-111	5.37	40%		-95.9	1.31%	0	-1.4	23	NAN
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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