Trading Signals: EWJ Stock Price Prediction and Forecast

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Fri. Dec. 26, 2003

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

(iShares MSCI Japan ETF)
EWJ latest price $37.6400 (2.17%) ($37.2800 - $37.6800) on Fri. Dec. 26, 2003.

Trend Analysis and Forecast

Average Daily Percentage Swing   1.53% (three month average)
RSI   57
Latest Price   $37.6400(2.17%)
Stocks Behave Similarly   Similar Stock List
Top Holdings   Top Holding List
Daily Trend   EWJ advances 0.4% a day on average for past five trading days.
Weekly Trend   EWJ advances 1.3% 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)
EEM(75%)    SPY(75%)    EWG(73%)    EWY(71%)    IWM(69%)
Factors Impacting EWJ price   EWJ will decline at least -0.765% in a week (0% probabilities).
TLT(-22%)    SHY(-15%)    TIP(-6%)    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   -0.765% (StdDev 1.53%)
Hourly BBV 0 ()
Intraday Trend 0.7%

5 Day Moving Average   $37.14(1.35%)
10 Day Moving Average   $36.86(2.12%)
20 Day Moving Average   $36.64(2.73%)
To recent high   -2.9%
To recent low   9.4%
Market Cap   $N/A

$. EWJ price fluctuates within 1.31% (three month std-dev: 1.53%) 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

> 20040126

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	Dec_26_2003	35.68	36.64	36.86	37.14	37.18	37.22	37.64(2.17%)	UT	OpenLong	75	1	24	10	13	57	0.33	53%	0.39	102.3	1.53%	0	2.1	57	0
2	Dec_24_2003	35.54	36.55	36.71	36.98	36.98	37.12	36.84(-1.39%)	UD	OpenLong	75	-0.3	14	30	6	38	0.42	49%	0.2	107.9	1.52%	0	0.6	48	0
3	Dec_23_2003	35.47	36.48	36.59	36.86	36.88	37.14	37.36(0.54%)	UT	OpenLong	75	1	21	50	20	25	0.52	49%	0.23	96.5	1.52%	0	1.7	53	0
4	Dec_22_2003	35.39	36.38	36.46	36.73	36.6	36.84	37.16(1.31%)	UT	OpenLong	75	0.8	14	40	15	10	0.99	47%	0.2	96.5	1.52%	0	1.5	55	0
5	Dec_19_2003	35.32	36.27	36.46	36.58	36.48	36.62	36.68(-0.43%)	N/A	N/A	0	0.2	6	20	10	-5	0.72	47%	0.2	69.1	1.53%	0	0.7	46	0

6	Dec_18_2003	35.25	36.16	36.46	36.54	36.5	36.36	36.84(1.54%)	N/A	N/A	0	0.4	4	-30	6	-1	1.45	49%	0.17	43.4	1.54%	0	1	60	0
7	Dec_17_2003	35.19	36.06	36.38	36.4	36.45	36.35	36.28(-1.09%)	DT	OpenShort	-75	-0.2	-3	-20	-3	-1	1.08	47%	0.17	24.5	1.55%	0	0.3	57	0
8	Dec_16_2003	35.13	35.98	36.43	36.26	36.36	36.64	36.68(0.77%)	UT	OpenLong	75	0.5	11	60	11	10	0.9	52%	0.14	11.6	1.55%	0	0.9	65	0
9	Dec_15_2003	35.08	35.89	36.42	36.14	36.14	36.55	36.4(-0.33%)	UD	OpenLong	75	0.3	15	80	15	15	2.05	52%	0.17	-3	1.65%	0	0.6	61	0
10	Dec_12_2003	35.02	35.89	36.47	36.17	36.03	36.09	36.52(1.11%)	UT	OpenLong	75	0.4	16	0	10	35	0.56	52%	0.17	-8.7	1.65%	0	0.8	68	0

11	Dec_11_2003	34.96	35.86	36.41	36.2	36.05	35.73	36.12(1.57%)	N/A	N/A	0	-0.1	-4	-70	-18	39	1.46	52%	0.14	-7.9	1.66%	0	0.3	69	0
12	Dec_10_2003	34.91	35.87	36.41	36.37	36.3	35.98	35.56(-1.55%)	N/A	N/A	0	-1	-6	-70	-27	56	1.74	51%	0.17	-8.1	1.65%	0	-0.4	61	0
13	Dec_9_2003	34.85	35.89	36.38	36.63	36.64	36.38	36.12(-1.1%)	UD	OpenLong	65	-0.6	11	-50	-14	85	1.36	51%	0.14	-10.4	1.65%	0	0.3	68	0
14	Dec_8_2003	34.8	35.91	36.33	36.73	36.82	36.62	36.52(-0.44%)	UD	OpenLong	65	-0.2	15	-30	-13	100	1.19	52%	0.17	-10.1	1.65%	0	0.7	70	0
15	Dec_5_2003	34.74	35.93	36.16	36.81	36.89	36.91	36.68(-0.76%)	UD	OpenLong	75	-0.1	28	10	3	103	0.89	52%	0.2	-6.9	1.65%	0	0.9	56	0

16	Dec_4_2003	34.67	35.92	35.95	36.64	36.82	37.03	36.96(0.22%)	UT	OpenLong	75	0.4	34	50	18	81	2.12	52%	0.17	-17.6	1.66%	0	1.2	50	0
17	Dec_3_2003	34.61	35.94	35.72	36.39	36.54	36.86	36.88(0.77%)	UT	OpenLong	75	0.5	30	70	23	52	1.31	52%	0.17	-24.7	1.67%	0	1	50	0
18	Dec_2_2003	34.55	35.98	35.49	36.09	36.2	36.62	36.6(-0.87%)	UD	OpenLong	75	0.5	26	90	26	26	1.04	56%	0.14	-30.6	1.67%	0	0.6	55	0
19	Dec_1_2003	34.5	36	35.3	35.86	35.85	36.22	36.92(3.01%)	RB	SmallLong	20	1	24	70	32	-1	2.14	56%	0.15	-33.9	1.76%	0	0.9	49	0
20	Nov_28_2003	34.45	35.99	35.17	35.43	35.51	35.77	35.84(0.34%)	N/A	N/A	0	0.4	8	60	23	-39	0.87	53%	0.17	-41.9	1.73%	0	-0.1	39	0

21	Nov_26_2003	34.39	36.08	35.23	35.14	35.24	35.48	35.72(1.02%)	DP	OpenShort	-65	0.5	-1	60	18	-58	1.13	55%	0.12	-41	1.72%	0	-0.3	41	0
22	Nov_25_2003	34.35	36.17	35.3	34.94	34.95	35.26	35.36(-0.34%)	DP	OpenShort	-65	0.4	-8	60	16	-80	1.07	55%	0.09	-43.7	1.72%	0	-0.7	33	0
23	Nov_24_2003	34.32	36.28	35.34	34.8	34.74	35	35.48(2.07%)	DP	OpenShort	-65	0.6	-14	50	17	-106	1.16	55%	0.03	-52.5	1.72%	0	-0.7	32	0
24	Nov_21_2003	34.31	36.35	35.45	34.66	34.66	34.64	34.76(1.05%)	DP	OpenShort	-75	0.1	-35	-0	-4	-129	1.37	54%	0.12	-64	1.71%	0	-1.4	32	0
25	Nov_20_2003	34.27	36.43	35.67	34.89	34.68	34.49	34.4(-0.92%)	DT	OpenShort	-75	-0.5	-52	-60	-27	-128	2.08	54%		-70.8	1.71%	0	-1.9	33	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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