Trading Signals: EWJ Stock Price Prediction and Forecast

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Thu. Apr. 22, 2004

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

(iShares MSCI Japan ETF)
EWJ latest price $43.2000 (1.12%) ($42.3200 - $43.2000) on Thu. Apr. 22, 2004.

Trend Analysis and Forecast

Average Daily Percentage Swing   1.41% (three month average)
RSI   44
Latest Price   $43.2000(1.12%)
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 declines -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)
EEM(75%)    SPY(75%)    EWG(74%)    EWY(71%)    IWM(69%)
Factors Impacting EWJ price   EWJ will decline at least -0.705% 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   -0.705% (StdDev 1.41%)
Hourly BBV 0 ()
Intraday Trend 1.8%

Resistance Level   $43.39
5 Day Moving Average   $42.68(1.22%)
10 Day Moving Average   $43.05(0.35%)
20 Day Moving Average   $43.39(-0.44%)
To recent high   -3.1%
To recent low   15%
Market Cap   $N/A

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

> 20040522

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	Apr_22_2004	39.54	43.39	43.05	42.68	42.56	42.68	43.2(1.12%)	DP	OpenShort	-65	0.7	-13	10	6	-71	2.3	56%	0.18	50.9	1.41%	0	-0.3	44	0
2	Apr_21_2004	39.47	43.33	43.11	42.51	42.54	42.69	42.72(0.75%)	DP	OpenShort	-65	0.3	-14	30	7	-77	1.65	56%	0.15	42.2	1.41%	0	-0.8	46	0
3	Apr_20_2004	39.41	43.25	43.26	42.56	42.53	42.44	42.4(0.57%)	DP	OpenShort	-75	-0.2	-24	-20	-8	-73	2.93	56%	0.15	42.8	1.41%	0	-0.9	46	0
4	Apr_19_2004	39.35	43.16	43.46	42.83	42.57	42.39	42.16(-1.77%)	DT	OpenShort	-75	-0.6	-42	-50	-35	-63	2.56	56%	0.15	46.9	1.41%	0	-0.9	41	0
5	Apr_16_2004	39.29	43.1	43.69	43.32	43.07	42.62	42.92(1.32%)	DP	OpenShort	-75	-0.3	-19	-90	-18	-22	1.97	60%	0.1	61.6	1.4%	0	-0.1	49	0

6	Apr_15_2004	39.25	43.04	43.8	43.47	43.49	42.74	42.36(-1.4%)	DT	OpenShort	-75	-0.8	-38	-120	-45	-15	2.56	60%	0.18	75.3	1.4%	0	-0.5	49	0
7	Apr_14_2004	39.18	42.99	43.93	43.78	43.82	43.52	42.96(-1.83%)	CR	SmallShort	-20	-0.6	-25	-50	-40	19	2.22	62%	0.2	86.5	1.39%	0	-0	63	0
8	Apr_13_2004	39.1	42.84	43.98	44.04	44.09	44.23	43.76(-1.88%)	UD	OpenLong	65	-0.2	18	30	-1	74	2.61	62%	0.23	84.1	1.37%	0	0.6	75	0
9	Apr_12_2004	39.01	42.62	43.97	44.18	44.1	44.13	44.6(2.11%)	UT	HoldLong	65	0.2	37	-0	9	122	1.89	65%	0.39	76.6	1.36%	0	1.1	85	0
10	Apr_8_2004	38.86	42.34	43.84	44.13	44.07	43.95	43.68(-0.46%)	UD	OpenLong	65	-0.2	29	-20	-9	141	1.28	63%	0.23	65.6	1.34%	0	0.7	74	0

11	Apr_7_2004	38.77	42.08	43.77	44.18	44.18	44.07	43.88(-0.9%)	UD	OpenLong	65	-0.1	41	-20	-1	166	1.74	63%	0.26	62.2	1.34%	0	0.9	67	0
12	Apr_6_2004	38.67	41.84	43.57	44.1	44.13	44.19	44.28(-0.45%)	UD	OpenLong	75	0.1	48	10	6	174	2.11	63%	0.26	60.2	1.34%	0	1.2	71	0
13	Apr_5_2004	38.57	41.59	43.24	43.9	44.02	44.29	44.48(0.36%)	UT	HoldLong	65	0.3	61	50	20	184	2.54	65%	0.23	58.4	1.34%	0	1.4	79	0
14	Apr_2_2004	38.48	41.33	42.82	43.73	43.73	44.08	44.32(0.82%)	UT	HoldLong	65	0.3	65	60	23	190	4.09	65%	0.21	57.8	1.36%	0	1.5	80	0
15	Apr_1_2004	38.4	41.08	42.47	43.53	43.53	43.75	43.96(1.1%)	UT	HoldLong	65	0.2	69	40	25	201	2.64	65%	0.21	60.5	1.36%	0	1.6	79	0

16	Mar_31_2004	38.32	40.84	42.21	43.31	43.36	43.38	43.48(0.56%)	UT	HoldLong	65	0.1	71	10	20	223	2.22	65%	0.21	65.4	1.37%	0	1.5	80	0
17	Mar_30_2004	38.24	40.63	41.97	42.95	43.11	43.31	43.24(-0.92%)	UD	OpenLong	75	0.2	77	40	25	231	1.84	65%	0.16	69.3	1.37%	0	1.6	72	0
18	Mar_29_2004	38.18	40.44	41.61	42.46	42.7	43.34	43.64(0.74%)	UT	OpenLong	75	0.8	97	120	55	223	1.94	65%	0.18	71.6	1.36%	0	2.2	71	0
19	Mar_26_2004	38.11	40.24	41.14	41.76	42.04	42.91	43.32(1.03%)	UT	OpenLong	75	1.2	95	160	65	183	3.05	66%	0.18	72	1.36%	0	2.3	70	0
20	Mar_25_2004	38.04	40.01	40.7	41.25	41.3	42.07	42.88(2.88%)	UT	OpenLong	75	1.4	74	130	51	143	2.23	66%	0.16	71.4	1.38%	0	2.4	67	0

21	Mar_24_2004	37.98	39.75	40.23	40.97	40.87	41.18	41.68(2.16%)	UT	OpenLong	75	0.7	49	50	29	109	3.13	64%	0.11	69.9	1.35%	0	1.8	64	0
22	Mar_23_2004	37.94	39.55	39.95	40.86	40.8	40.54	40.8(1.69%)	UT	OpenLong	75	-0.1	29	-50	8	92	1.34	62%	0.08	66.2	1.34%	0	1.2	59	0
23	Mar_22_2004	37.91	39.41	39.8	40.62	40.81	40.56	40.12(-1.57%)	UD	OpenLong	65	-0.5	13	-30	-6	71	1.9	60%	0.08	56.3	1.33%	0	0.7	54	0
24	Mar_19_2004	37.88	39.31	39.73	40.38	40.64	40.56	40.76(-1.74%)	UD	OpenLong	75	0.4	34	90	24	63	2.23	63%	0.11	49	1.32%	0	1.4	54	0
25	Mar_18_2004	37.84	39.18	39.59	40.03	40.18	41.06	41.48(0.88%)	UT	OpenLong	75	1.5	71	160	72	68	2.3	68%		41.1	1.3%	0	2.4	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

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