|
|
|
|
Archive
- 3/21/2025 -
Sign In to see current Signals. |
iShares MSCI Japan Index (EWJ) Technical Analysis
|
 |
| Summary:
| | Weekly :  | | Daily :
Move cursor over the icon to see details.
| | It was a third consecutive positive week for the iShares MSCI Japan Index (EWJ). During the week, the EWJ gained 0.98 points, or 1.39%, and closed at 71.33 on Friday, March 21, 2025. Weekly volume was -41% below average.
 Long-term trend: [See EWJ long-term trend chart]
A long-term downtrend had started on September 26, 2024 at 73.24 and reached 64.69 on January 13, 2025. EWJ lost 8.55 points, or 11.67%, in 15 weeks. The chart has formed a Falling Channel chart pattern. The downtrend resistance line (63.09) is broken. Usually a broken resistance is considered to be a long-term bullish signal, but since daily indicators are overbought a short-term pull back is possible. EWJ may retest the broken resistance line. It is considered to be a support line now. Use the following links to access Trend Support/Resistance Help, or use the Technical Stock Screener to see the list of stocks with broken trend resistance line in a long-term trend.
 Medium-term trend: [See EWJ medium-term trend chart]
A medium-term uptrend had started on January 13, 2025 at 64.69 and reached 71.88 on March 19, 2025. EWJ gained -7.19 points, or -11.11%, in 9 weeks. The chart has formed a Rising Channel chart pattern. The uptrend resistance line (68.19) is broken, while daily and weekly technical indicators are overbought. Uptrend is exhausted and trend reversal is possible soon. Use the following links to access Trend Support/Resistance Help, or use the Technical Stock Screener to see the list of stocks with broken trend resistance line in a medium-term trend.
 Weekly Technical Indicators: [See EWJ weekly technical indicators chart]
Weekly Williams' Percentage Range and Lane's Stochastic are overbought. Use the Technical Stock Screener to see the list of stocks with overbought weekly Williams' Percentage Range and Lane's Stochastic. Oscillators are designed to signal a possible trend reversal. They can act as alerts and should be taken in conjunction with other technical analysis tools. Oscillators can be used to confirm other technical signals. Use the following links to access Lane's Stochastic and Williams' Percentage Range help.
The weekly MACD line is above its signal line since February 14, 2025. This is an indication that the medium-term trend is up. Use the following link to access a MACD help.
 Short-term trend: [See EWJ short-term trend chart]
A short-term uptrend had started on March 11, 2025 at 67.83 and reached 71.88 on March 19, 2025. EWJ gained -4.05 points, or -5.97%, in 8 days. The price is now at the 13.58% retracement level.
 Daily Technical Indicators: [See EWJ daily technical indicators chart]
Daily Williams' Percentage Range is overbought while Lane's Stochastic is strongly overbought. Use the Technical Stock Screener to see the list of stocks with overbought daily Williams' Percentage Range or strongly overbought daily Lane's Stochastic.
The daily MACD line is above its signal line since March 13, 2025. This is an indication that the short-term trend is up.
| |
|
|
|
|
| Daily Oscillators |
|
|
| Weekly Oscillators |
|
|
| Trading
Signals |
|
|
|
| Sector and
Industry |
| Description |
Name |
Rank |
| Sector |
|
|
| Industry |
|
|
|
| Daily Trend |
| Description |
Value |
| Direction |
Up |
| Chart Pattern |
Uptrend |
| Low |
67.83 |
| Low Date |
03/11/2025 |
| High |
71.88 |
| High Date |
03/19/2025 |
|
| Weekly Trend |
|
| Description |
Value |
| Direction |
Up |
| Chart Pattern |
Rising Channel |
| Status |
Broken Resistance |
| Resistance |
70.51 |
| Support |
68.19 |
| Low |
64.69 |
| Low Date |
01/13/2025 |
| High |
71.88 |
| High Date |
03/19/2025 |
|
| Description |
Value |
| Direction |
Down |
| Chart Pattern |
Falling Channel |
| Status |
Broken Resistance |
| Resistance |
69.24 |
| Support |
63.09 |
| High |
73.24 |
| High Date |
09/26/2024 |
| Low |
64.69 |
| Low Date |
01/13/2025 |
|
| Quarterly Trend |
|
| Description |
Value |
| Direction |
Up |
| Chart Pattern |
Uptrend |
| Status |
|
| Resistance |
|
| Support |
|
| Low |
47.64 |
| Low Date |
10/13/2022 |
| High |
73.24 |
| High Date |
09/26/2024 |
|
| Description |
Value |
| Direction |
Up |
| Chart Pattern |
Uptrend |
| Status |
|
| Resistance |
|
| Support |
|
| Low |
6.84 |
| Low Date |
03/09/2009 |
| High |
74.12 |
| High Date |
09/15/2021 |
|
|