Trading Signals: EWJ Stock Price Prediction and Forecast

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

Mon. Jun. 14, 2004

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

(iShares MSCI Japan ETF)
EWJ latest price $39.9600 (-2.35%) ($39.7200 - $40.2000) on Mon. Jun. 14, 2004.

Trend Analysis and Forecast

Average Daily Percentage Swing   1.91% (three month average)
RSI   60
Latest Price   $39.9600(-2.35%)
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 advances 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(76%)    EEM(75%)    EWG(74%)    EWY(71%)    EWI(69%)
Factors Impacting EWJ price   EWJ will decline at least -0.955% in a week (0% probabilities).
TLT(-23%)    SHY(-15%)    TIP(-7%)    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   -0.955% (StdDev 1.91%)
Hourly BBV 0 ()
Intraday Trend -0.1%

5 Day Moving Average   $40.49(-1.31%)
10 Day Moving Average   $40.04(-0.2%)
20 Day Moving Average   $39.07(2.28%)
To recent high   -10.4%
To recent low   11.7%
Market Cap   $N/A

$. EWJ price fluctuates within 3.43% (three month std-dev: 1.91%) daily (68% of days).

Sample size 4 Average positive next day return: 2.09%(100%) Average negative next day return: 0%(0%) Sample size 4 Average positive next three day return: 2.35%(100%) Average negative next three day return: %(0%) Sample size 4 Average positive next weekly return: 3.07%(75%) Average negative next weekly return: -0.58%(25%)

Analysis News Options Weekly Chart Daily Chart 2 Month Daily Chart

> 20040714

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_14_2004	40.11	39.07	40.04	40.49	40.46	40.44	39.96(-2.35%)	UD	OpenLong	65	-0.4	12	-10	-4	60	1.35	47%	0.02	54.5	1.91%	0	0.7	60	NAN
2	Jun_10_2004	40.1	38.94	40.02	40.36	40.62	40.62	40.92(2.61%)	UT	OpenLong	75	0.4	35	20	21	78	1.85	49%	0.02	38.4	1.91%	0	1.4	69	NAN
3	Jun_9_2004	40.09	38.78	39.82	39.94	40.21	40.48	39.88(-2.16%)	UD	OpenLong	75	-0	17	70	1	64	1.42	47%	0.02	19.8	1.88%	0	0.8	67	NAN
4	Jun_8_2004	40.08	38.66	39.75	39.97	39.87	40.61	40.76(-0.39%)	UD	OpenLong	75	0.6	44	120	26	96	1.32	49%	0.02	8.5	1.86%	0	1.5	78	NAN
5	Jun_7_2004	40.07	38.46	39.53	39.76	39.69	39.95	40.92(4.07%)	UT	HoldLong	65	0.9	51	40	31	111	2.03	49%	0.02	-8.7	1.86%	0	1.9	82	NAN

6	Jun_4_2004	40.06	38.35	39.28	39.57	39.49	39.12	39.32(1.24%)	UD	OpenLong	65	-0.2	17	-70	-13	105	0.93	45%	0.02	-19	1.79%	0	0.8	68	NAN
7	Jun_3_2004	40.05	38.39	39.15	39.63	39.65	39.43	38.84(-2.9%)	UD	OpenLong	65	-0.6	18	-40	-15	116	1.67	45%	0	-19.3	1.79%	0	0.4	61	NAN
8	Jun_2_2004	40.05	38.51	39.04	39.65	39.8	39.86	40(0.7%)	UT	OpenLong	75	0.2	38	20	8	129	1.82	47%	0.05	-15.2	1.75%	0	1	61	NAN
9	Jun_1_2004	40.03	38.55	38.73	39.49	39.58	39.87	39.72(-0.6%)	UD	OpenLong	75	0.1	43	60	16	122	1.33	50%	0.02	-21.4	1.75%	0	0.8	63	NAN
10	May_28_2004	40.02	38.57	38.35	39.24	39.3	39.73	39.96(0.81%)	UT	OpenLong	75	0.4	45	80	25	106	1.61	50%	0.02	-31.8	1.79%	0	0.9	68	NAN

11	May_27_2004	40.01	38.58	38.02	38.95	39.02	39.29	39.64(1.85%)	UT	OpenLong	75	0.4	38	50	26	73	1.37	52%	0.02	-41.6	1.81%	0	0.6	50	NAN
12	May_26_2004	40	38.64	37.77	38.6	38.77	38.87	38.92(-0.71%)	UD	OpenLong	75	0.2	19	30	16	27	1.12	50%	-0.02	-51.1	1.82%	0	0.2	42	NAN
13	May_25_2004	40.01	38.74	37.66	38.34	38.44	38.75	39.2(1.87%)	N/A	N/A	0	0.5	11	60	19	-14	1.9	50%	0	-53.8	1.82%	0	0.2	38	NAN
14	May_24_2004	40.01	38.88	37.47	37.86	38.23	38.68	38.48(-0.1%)	N/A	N/A	0	0.3	15	110	40	-59	8.78	49%	0	-55.9	1.8%	0	-0.2	38	NAN
15	May_21_2004	40.01	39.09	37.29	37.31	37.7	38.13	38.52(1.69%)	DP	OpenShort	-65	0.5	-7	110	31	-119	1.6	49%	-0.05	-58.1	1.8%	0	-0.3	41	NAN

16	May_20_2004	40.03	39.29	37.32	36.95	37.03	37.79	37.88(0.64%)	DP	OpenShort	-65	0.4	-22	150	22	-152	0.97	49%	-0.02	-59.1	1.8%	0	-0.6	39	NAN
17	May_19_2004	40.04	39.55	37.54	36.82	36.82	37.28	37.64(2.39%)	DP	OpenShort	-65	0.3	-19	90	29	-162	3.23	49%	0	-58.6	1.8%	0	-0.8	36	NAN
18	May_18_2004	40.04	39.8	37.9	36.9	36.63	36.26	36.76(2.8%)	DP	OpenShort	-75	-0.1	-53	-90	-12	-176	2.11	47%	-0.05	-58.6	1.78%	0	-1.3	31	NAN
19	May_17_2004	40.06	40.08	38.33	37.04	36.92	36.36	35.76(-2.61%)	DT	HoldShort	-65	-0.5	-72	-120	-31	-193	3.88	46%	-0.05	-62	1.74%	0	-1.8	22	NAN
20	May_14_2004	40.08	40.42	38.82	37.23	37.29	37.01	36.72(-1.4%)	DT	HoldShort	-65	-0.2	-73	-50	-29	-203	1.79	48%	-0.07	-69.8	1.73%	0	-1.7	23	NAN

21	May_13_2004	40.11	40.74	39.21	37.73	37.27	37.48	37.24(-2%)	DT	HoldShort	-65	-0.2	-74	0	-31	-201	2.28	48%	0	-71.6	1.73%	0	-1.7	23	NAN
22	May_12_2004	40.11	41.01	39.6	38.36	37.83	37.57	38(1.39%)	DP	OpenShort	-75	-0.2	-60	-90	-18	-185	3.37	50%	0.02	-72.1	1.72%	0	-1.6	24	NAN
23	May_11_2004	40.1	41.26	39.93	39.1	38.47	37.06	37.48(2.07%)	DP	OpenShort	-75	-0.9	-100	-300	-71	-187	3.77	50%	0	-68.1	1.71%	0	-2.1	25	NAN
24	May_10_2004	40.1	41.59	40.44	39.84	39.55	38.09	36.72(-6.33%)	DT	HoldShort	-65	-1.8	-113	-280	-95	-166	5.87	48%	0	-63.5	1.69%	0	-2.9	22	NAN
25	May_7_2004	40.1	42	41.08	40.6	40.64	39.89	39.2(-2.97%)	DT	OpenShort	-75	-1.1	-70	-130	-53	-122	3.41	54%		-68.9	1.49%	0	-2.2	32	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

Click to see actual return for next trading day.