Trading Signals: EWJ Stock Price Prediction and Forecast

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Fri. Oct. 8, 2004

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

(iShares MSCI Japan ETF)
EWJ latest price $39.8400 (0.71%) ($39.8000 - $40.3200) on Fri. Oct. 8, 2004.

Trend Analysis and Forecast

Average Daily Percentage Swing   1.3% (three month average)
RSI   55
Latest Price   $39.8400(0.71%)
Stocks Behave Similarly   Similar Stock List
Top Holdings   Top Holding List
Daily Trend   EWJ advances 0.1% a day on average for past five trading days.
Weekly Trend   EWJ advances 1.5% 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 -0.65% in a week (0% probabilities).
TLT(-23%)    SHY(-16%)    TIP(-7%)    FXI(-2%)    REMX(1%)
Explanation The rally is not sustainable and not supported by the broad market.

Relative Volatility (options are extremely cheap)

Market Trend Strength   -0.65% (StdDev 1.3%)
Hourly BBV 0 ()
Intraday Trend -0.1%

5 Day Moving Average   $39.82(0.05%)
10 Day Moving Average   $39.24(1.53%)
20 Day Moving Average   $39.18(1.68%)
To recent high   -4.4%
To recent low   5.5%
Market Cap   $N/A

$. EWJ price fluctuates within 1.74% (three month std-dev: 1.3%) 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%)

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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	Oct_8_2004	39.76	39.18	39.24	39.82	39.82	39.83	39.84(0.71%)	UT	OpenLong	75	0	20	0	3	70	1.95	48%	0.05	5.2	1.3%	0	1	55	0
2	Oct_7_2004	39.74	39.18	39.08	39.79	39.84	39.78	39.56(-1.3%)	UD	OpenLong	75	-0.3	19	-10	5	60	0.72	48%	0.05	0.6	1.31%	0	0.6	52	0
3	Oct_6_2004	39.72	39.17	38.97	39.64	39.79	39.82	40.08(0.91%)	UT	OpenLong	75	0.6	25	20	18	45	0.96	43%	0.08	-6.1	1.31%	0	1.3	55	0
4	Oct_5_2004	39.69	39.16	38.8	39.27	39.49	39.9	39.72(-0.5%)	UD	OpenLong	75	0.6	23	90	25	17	0.79	43%	0.1	-18.8	1.36%	0	0.8	54	0
5	Oct_4_2004	39.65	39.19	38.75	38.96	39.09	39.77	39.92(0.6%)	N/A	N/A	0	1.3	39	130	52	-0	1.24	43%	0.1	-24.9	1.37%	0	1	44	0

6	Oct_1_2004	39.61	39.15	38.66	38.56	38.58	39.08	39.68(2.27%)	RB	SmallLong	20	1.6	23	90	42	-36	1.29	41%	0.05	-46.2	1.37%	0	0.7	46	0
7	Sep_30_2004	39.59	39.16	38.6	38.29	38.24	38.41	38.8(1.46%)	DP	OpenShort	-65	0.7	-5	30	17	-69	1.69	38%	0.03	-52.1	1.36%	0	-0.5	39	0
8	Sep_29_2004	39.58	39.21	38.65	38.21	38.15	38.09	38.24(0.21%)	DP	OpenShort	-75	0	-24	-20	-3	-88	1.36	35%	0.03	-56	1.34%	0	-1.3	31	0
9	Sep_28_2004	39.57	39.3	38.75	38.26	38.24	38.07	38.16(0.63%)	DP	OpenShort	-75	-0.1	-39	-30	-18	-102	1	35%	0.03	-53.8	1.34%	0	-1.6	27	0
10	Sep_27_2004	39.56	39.38	38.94	38.51	38.38	38.21	37.92(-1.04%)	DT	HoldShort	-65	-0.9	-42	-40	-24	-94	1.07	35%	-0.03	-43.9	1.34%	0	-2.1	21	0

11	Sep_24_2004	39.57	39.48	39.13	38.76	38.68	38.41	38.32(-0.21%)	DT	OpenShort	-75	-0.7	-30	-60	-17	-69	1.02	35%	-0.05	-36.9	1.34%	0	-2	46	0
12	Sep_23_2004	39.59	39.56	39.27	38.94	38.88	38.56	38.4(-0.31%)	DT	OpenShort	-75	-1	-35	-60	-25	-66	0.82	35%	-0.1	-23.1	1.35%	0	-2.2	38	0
13	Sep_22_2004	39.63	39.64	39.41	39.14	39.04	38.94	38.52(-2.23%)	DT	OpenShort	-75	-1.4	-28	-30	-19	-54	1.42	35%	-0.05	-3.5	1.35%	0	-2.5	42	0
14	Sep_21_2004	39.65	39.7	39.58	39.29	39.23	39.2	39.4(0.61%)	DP	OpenShort	-75	0.3	-14	-10	-5	-39	1.71	37%	-0.05	24.7	1.32%	0	-0.8	46	0
15	Sep_20_2004	39.67	39.68	39.68	39.44	39.27	39.15	39.16(-0.2%)	DT	OpenShort	-75	-0.7	-17	-30	-15	-24	1.2	37%	-0.03	42.6	1.33%	0	-1.3	47	0

16	Sep_17_2004	39.68	39.7	39.69	39.57	39.51	39.27	39.24(-0.41%)	DT	OpenShort	-75	-0.8	-15	-50	-12	-24	0.8	37%	-0.05	73.5	1.33%	0	-1.2	46	0
17	Sep_16_2004	39.7	39.68	39.78	39.66	39.7	39.39	39.4(0.41%)	DP	OpenShort	-75	-0.6	-18	-50	-18	-17	0.74	37%	-0.05	78.7	1.32%	0	-0.7	48	0
18	Sep_15_2004	39.72	39.65	39.83	39.72	39.77	39.76	39.24(-2.29%)	DT	OpenShort	-75	-1	-17	0	-18	-13	0.81	42%	-0.08	74.4	1.32%	0	-0.9	46	0
19	Sep_14_2004	39.75	39.61	39.9	39.9	39.85	40.01	40.16(0.9%)	UT	OpenLong	75	0.4	7	20	5	11	0.7	42%	-0.08	68.5	1.33%	0	0.9	56	0
20	Sep_13_2004	39.78	39.51	39.9	39.98	39.87	39.78	39.8(0.3%)	UT	OpenLong	75	-0.3	11	-20	7	24	1.02	42%	-0.08	65.4	1.36%	0	0.5	59	0

21	Sep_10_2004	39.81	39.42	39.85	39.82	39.97	39.69	39.68(-0.1%)	N/A	N/A	0	-0.2	-6	-40	-12	11	0.85	46%	-0.1	51.1	1.37%	0	0.4	53	0
22	Sep_9_2004	39.85	39.35	39.86	39.92	39.87	39.97	39.72(-1.1%)	N/A	N/A	0	-0.3	-4	10	-13	25	0.61	43%	-0.08	54	1.41%	0	0.5	59	0
23	Sep_8_2004	39.88	39.3	39.88	39.94	39.96	40.25	40.16(-0.89%)	UD	OpenLong	75	0.3	28	50	20	52	0.7	43%	-0.05	55.1	1.43%	0	1.1	63	0
24	Sep_7_2004	39.9	39.21	39.82	39.9	39.86	39.77	40.52(3.79%)	UT	OpenLong	75	0.8	25	-20	13	62	1.3	49%	-0.13	49.5	1.42%	0	1.7	70	0
25	Sep_3_2004	39.95	39.09	39.66	39.72	39.73	39.67	39.04(-2.79%)	N/A	N/A	0	-0.9	-2	-10	-18	48	0.76	41%		35.6	1.43%	0	-0.1	62	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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