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Downtrend Broken Resist.Archive - 9/11/2026 - 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 third consecutive positive week for the iShares MSCI Japan Index (EWJ). During the week, the EWJ climbed 0.28 points, or 0.28%, and closed at 98.56 on Friday, September 11, 2026. Weekly volume was -51% below 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 98.79 on August 13, 2026. EWJ gained -51.15 points, or -107.37%, in 200 weeks. The chart has formed a Broadening Ascending Wedge chart pattern. The uptrend resistance line (63.27) 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 July 29, 2026 at 89.09 and reached 98.79 on August 13, 2026. EWJ gained -9.70 points, or -10.89%, in 2 weeks. Price is near the trend high.
Weekly Technical Indicators: [See EWJ weekly technical indicators chart] Weekly Williams' Percentage Range is strongly overbought. Use the Technical Stock Screener to see the list of stocks with strongly overbought weekly overbought 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 link to access Williams' Percentage Range help. The weekly MACD line is above its signal line since August 7, 2026. This is an indication that the medium-term trend is up. The distance between MACD and the signal line is low, but getting bigger. It indicates that the current medium-term uptrend is getting stronger. 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 August 20, 2026 at 94.05 and reached 98.76 on September 11, 2026. EWJ gained -4.71 points, or -5.01%, in 22 days. The chart has formed a Broadening Ascending Wedge chart pattern.
Daily Technical Indicators: [See EWJ daily technical indicators chart] Daily Williams' Percentage Range is strongly overbought. Use the Technical Stock Screener to see the list of stocks with strongly overbought daily overbought Williams' Percentage Range. Daily MACD has bearish divergence. Use the following links to access the MACD help, or use the Technical Stock Screener to see the list of stocks with daily MACD 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 September 2, 2026. This is an indication that the short-term trend is up. The distance between MACD and the signal line is low and getting smaller. It indicates that the current short-term uptrend is getting weak.
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