Trading Signals: EWJ Stock Price Prediction and Forecast

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

Fri. May. 27, 2011

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

(iShares MSCI Japan ETF)
EWJ latest price $40.3600 (0%) ($40.2400 - $40.6000) on Fri. May. 27, 2011.

Trend Analysis and Forecast

Average Daily Percentage Swing   1.6% (three month average)
RSI   31
Latest Price   $40.3600(0%)
Stocks Behave Similarly   Similar Stock List
Top Holdings   Top Holding List
Daily Trend   EWJ advances 0.2% 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(74%)    EEM(71%)    EWG(71%)    IWM(69%)    VWO(68%)
Factors Impacting EWJ price   EWJ will decline at least -0.8% in a week (0% probabilities).
TLT(-25%)    SHY(-6%)    TIP(-3%)    IGOV(2%)    GLD(6%)
Explanation The rally is not sustainable and not supported by the broad market.

Relative Volatility (options are extremely cheap)

Market Trend Strength   -0.8% (StdDev 1.6%)
Hourly BBV 0 ()
Intraday Trend 0.1%

1 - 5 Day Possible Target   $35.89(-11.08%)
Resistance Level   $41.09
5 Day Moving Average   $40.01(0.87%)
10 Day Moving Average   $40.3(0.15%)
20 Day Moving Average   $41.09(-1.78%)
To recent high   -12.5%
To recent low   4.5%
Market Cap   $N/A

$. EWJ price fluctuates within 2.29% (three month std-dev: 1.6%) daily (68% of days).

Sample size 4 Average positive next day return: 0%(0%) Average negative next day return: -0.85%(100%) Sample size 4 Average positive next three day return: 0.35%(25%) Average negative next three day return: -2.08%(75%) Sample size 4 Average positive next weekly return: 1.02%(25%) Average negative next weekly return: -2.22%(75%)

Analysis News Options Weekly Chart Daily Chart 2 Month Daily Chart

> 20110627

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	May_27_2011	42.72	41.09	40.3	40.01	40.1	40.34	40.36(0%)	DP	OpenShort	-65	0.4	-8	50	15	-75	9.32	39%	-0.09	-39.3	1.6%	0	-0.8	31	0
2	May_26_2011	42.76	41.18	40.35	39.95	39.86	40.07	40.36(0.9%)	DP	OpenShort	-65	0.4	-18	30	7	-91	6.91	39%	-0.07	-36.3	1.61%	0	-0.9	33	0
3	May_25_2011	42.79	41.26	40.49	39.97	39.82	39.85	40(0.2%)	DP	OpenShort	-75	0	-27	-10	-4	-95	5.06	41%	-0.09	-30.3	1.62%	0	-1.4	33	0
4	May_24_2011	42.83	41.32	40.65	40.19	39.98	39.65	39.92(1.27%)	DP	OpenShort	-75	-0.3	-35	-70	-15	-94	11.86	41%	-0.12	-20.9	1.63%	0	-1.6	30	0
5	May_23_2011	42.88	41.38	40.9	40.36	40.27	39.79	39.42(-1.55%)	DT	HoldShort	-65	-1.1	-45	-90	-29	-92	7.48	41%	-0.09	-12.1	1.62%	0	-2.4	23	0

6	May_20_2011	42.92	41.46	41.18	40.62	40.56	40.3	40.04(-1.09%)	DT	OpenShort	-75	-0.8	-36	-50	-22	-77	5.15	39%	-0.07	1.2	1.63%	0	-2	26	0
7	May_19_2011	42.95	41.52	41.39	40.8	40.73	40.74	40.48(-1.46%)	DT	OpenShort	-75	-0.5	-27	-0	-14	-66	8.11	39%	-0.09	14	1.64%	0	-1.6	31	0
8	May_18_2011	42.99	41.54	41.54	41.07	40.93	40.81	41.08(0.79%)	DP	OpenShort	-75	0	-16	-30	-4	-51	6.37	39%	-0.05	32.9	1.65%	0	-0.7	37	0
9	May_17_2011	43.01	41.5	41.65	41.2	41.11	40.72	40.76(0.1%)	DP	OpenShort	-75	-0.6	-31	-70	-26	-45	10.47	40%	-0.07	37.9	1.64%	0	-1.1	52	0
10	May_16_2011	43.04	41.48	41.8	41.54	41.41	41.05	40.72(-0.59%)	DT	OpenShort	-75	-1.1	-27	-70	-29	-20	9.61	41%	-0.05	50.3	1.65%	0	-1	53	0

11	May_13_2011	43.06	41.46	41.96	41.84	41.8	41.5	40.96(-2.1%)	CR	SmallShort	-20	-1.1	-12	-50	-19	10	15.97	43%	-0.05	60.7	1.64%	0	-0.6	56	0
12	May_12_2011	43.08	41.43	42.09	41.84	42.01	41.78	41.84(0.29%)	N/A	N/A	0	-0.3	-1	-40	-12	34	5.2	44%	-0.02	72	1.63%	0	0.5	68	0
13	May_11_2011	43.09	41.33	42.11	42.06	42.13	42.11	41.72(-1.7%)	UD	OpenLong	65	-0.4	7	0	-7	47	7.34	44%	-0.05	69.8	1.65%	0	0.4	69	0
14	May_10_2011	43.11	41.24	42.05	42.15	42.15	42.25	42.44(0.47%)	UT	HoldLong	65	0.3	20	20	5	65	5.9	46%	0	68.9	1.63%	0	1.3	88	0
15	May_9_2011	43.11	41.1	41.9	42.15	42.07	42.16	42.24(0.38%)	UT	HoldLong	65	0.1	20	10	3	71	5.94	46%	-0.02	62.8	1.63%	0	1.2	88	0

16	May_6_2011	43.12	40.98	41.76	42.11	42.11	42.05	42.08(0.57%)	UT	HoldLong	65	-0	20	-10	1	78	5.48	46%	-0.02	58.1	1.61%	0	1.2	83	0
17	May_5_2011	43.13	40.84	41.65	42.12	42.14	41.99	41.84(-0.76%)	UD	OpenLong	65	-0.3	16	-20	-7	83	7.39	46%	-0.02	46.3	1.62%	0	1	80	0
18	May_4_2011	43.14	40.72	41.54	42.16	42.18	42.17	42.16(-0.19%)	UT	HoldLong	50	0	29	-0	5	99	5.25	46%	-0.02	37	1.63%	0	1.5	90	0
19	May_3_2011	43.15	40.6	41.34	41.91	42.11	42.28	42.24(0.05%)	UT	HoldLong	65	0.4	38	40	18	97	5.61	46%	0	25.4	1.63%	0	1.7	92	0
20	May_2_2011	43.15	40.51	41.12	41.64	41.75	42.18	42.22(0.24%)	UT	HoldLong	65	0.7	40	80	23	90	12.03	47%	0	16.2	1.63%	0	2	92	0

21	Apr_29_2011	43.15	40.45	40.91	41.36	41.37	41.93	42.12(0.19%)	UT	HoldLong	65	1	45	100	32	83	3.83	49%	-0.02	7.4	1.63%	0	2.2	83	0
22	Apr_28_2011	43.16	40.39	40.7	41.12	41.06	41.32	42.04(2.69%)	UT	HoldLong	65	1.3	41	40	28	78	11.78	48%	0	-8.7	1.65%	0	2.4	86	0
23	Apr_27_2011	43.16	40.39	40.48	40.85	40.82	40.81	40.94(0.15%)	UT	OpenLong	75	0.1	20	-0	6	62	9.3	45%	-0.02	-23.5	1.62%	0	0.9	73	0
24	Apr_26_2011	43.17	40.36	40.36	40.69	40.79	40.79	40.88(0.1%)	UT	OpenLong	75	0.3	19	10	7	54	2.57	45%	-0.05	-38.7	1.62%	0	0.8	64	0
25	Apr_25_2011	43.19	40.37	40.23	40.51	40.6	40.84	40.84(-0.1%)	UD	OpenLong	75	0.5	17	50	10	39	4.41	46%		-54.3	1.62%	0	0.7	50	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

Click to see actual return for next trading day.