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Archive - 3/13/2026 - Sign In to see current Signals. |
iShares MSCI Japan Index (EWJ) Technical Analysis
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| Summary:
| | Weekly :    | | Daily : Move cursor over the icon to see details.
| | It was the negative week for the iShares MSCI Japan Index (EWJ). During the week, the EWJ dropped -1.41 points, or -1.66%, and closed at 83.36 on Friday, March 13, 2026. Weekly volume was 97% above average.
Long-term trend: [See EWJ long-term trend chart] A long-term uptrend had started on October 13, 2022 at 47.64 and reached 94.28 on February 12, 2026. EWJ gained -46.64 points, or -97.90%, in 174 weeks. The chart has formed a Broadening Ascending Wedge chart pattern. The price is near the trend resistance line (84.91). The resistance is usually stronger when technical indicators are overbought. Use the following links to access Trend Support/Resistance Help, or use the Technical Stock Screener to see the list of stocks with price testing the trend resistance line in a long-term trend.
Medium-term trend: [See EWJ medium-term trend chart] A medium-term uptrend had started on April 7, 2025 at 59.84 and reached 94.28 on February 12, 2026. EWJ gained -34.44 points, or -57.55%, in 44 weeks. The chart has formed a Rising Channel chart pattern. The uptrend support line (84.94) is broken. Usually a broken support is considered to be a long-term bearish signal, but since daily indicators are oversold a short-term pull back is possible. EWJ may retest the broken support line. It is considered to be a resistance 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 support in a medium-term trend.
Weekly Technical Indicators: [See EWJ weekly technical indicators chart] Weekly technical indicators are neutral. During the last week, weekly Lane's Stochastic signal line (%D) has moved below overbought area. Such crossover is considered a bearish signal. 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 link to access Lane's Stochastic help. During the last week, weekly MACD line has moved below its signal line. Such crossover is considered a bearish signal. Use the following link to access a MACD help.
Short-term trend: [See EWJ short-term trend chart] A short-term downtrend had started on February 12, 2026 at 94.28 and reached 82.92 on March 9, 2026. EWJ lost 11.36 points, or 12.05%, in 25 days. Price is near the trend low.
Daily Technical Indicators: [See EWJ daily technical indicators chart] Daily Williams' Percentage Range is oversold. Use the Technical Stock Screener to see the list of stocks with daily oversold Williams' Percentage Range. Use the following link to access Williams' Percentage Range help. The daily MACD line is below its signal line since February 20, 2026. This is an indication that the short-term trend is down. The distance between MACD and the signal line is relatively high, but getting smaller. It indicates that the current short-term downtrend is still strong, and momentum is beginning to wane.
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