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Downtrend Broken Resist.Archive - 2/6/2026 - 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 a second consecutive positive week for the iShares MSCI Japan Index (EWJ). During the week, the EWJ gained 3.68 points, or 4.29%, and closed at 89.40 on Friday, February 6, 2026. Weekly volume was 68% 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 89.47 on February 6, 2026. EWJ gained -41.83 points, or -87.80%, in 173 weeks. The chart has formed a Broadening Ascending Wedge chart pattern. The uptrend resistance line (62.14) 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 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 89.47 on February 6, 2026. EWJ gained -29.63 points, or -49.52%, in 43 weeks. The chart has formed a Rising Channel chart pattern. The uptrend resistance line (82.89) 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 Lane's Stochastic is overbought while Williams' Percentage Range is strongly overbought. Use the Technical Stock Screener to see the list of stocks with overbought weekly Lane's Stochastic or strongly overbought weekly Williams' Percentage Range. 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. During the last week, weekly MACD line has moved above its signal line. Such crossover is considered a bullish signal. 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 December 17, 2025 at 79.71 and reached 89.47 on February 6, 2026. EWJ gained -9.76 points, or -12.24%, in 51 days. Price is near the trend high.
Daily Technical Indicators: [See EWJ daily technical indicators chart] Daily Williams' Percentage Range and Lane's Stochastic are overbought. Use the Technical Stock Screener to see the list of stocks with overbought daily Williams' Percentage Range and Lane's Stochastic. Daily Lane's Stochastic has bearish divergence. Use the following links to access the Lane's Stochastic help, or use the Technical Stock Screener to see the list of stocks with daily Lane's Stochastic bearish divergence. The divergence between price and indicator is considering one of the most important buy/sell stocks trading signal. The daily MACD line is above its signal line since January 2, 2026. This is an indication that the short-term trend is up. The price has closed on Friday above the upper Bollinger Band. It is considered a bullish signal. The Bollinger Bands are often used with a non-oscillator indicator like chart patterns or a trendline. The signals are considered more reliable if these indicators confirm the recommendation of the Bollinger Bands. Use the following links to access the Bollinger Bands Help, or use the Technical Stock Screener to see the list of stocks with the price above the Upper Bollinger Band or below the Lower Bollinger Band.
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