WISDOMTREE JAPAN HEDGED EQ (DXJ) Stock Technical Analysis
USA - NYSEARCA:DXJ - US97717W8516 - ETF
133.29 USD
+2.15 (+1.64%)
133.29 USD
0 (0%)
We assign a technical rating of 10 out of 10 to DXJ. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, DXJ is showing a nice and steady performance.
Both the short term and long term trends are positive. This is a very positive sign.
When comparing the yearly performance of all stocks, we notice that DXJ is one of the better performing stocks in the market, outperforming 80% of all stocks. We also observe that the gains produced by DXJ over the past year are nicely spread over this period.
DXJ is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
In the last month DXJ has a been trading in a tight range between 126.76 and 133.63.
Although DXJ has an excellent technical rating, it does not offer a high quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
95.62
134.66
When analyzing the support we can see 4 important areas.
- A support zone ranging from 126.85 to 131.07. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @111.09 from a horizontal line in the daily time frame.
- Support @99.90 from a trend line in the weekly time frame.
- Support @96.59 from a horizontal line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 133.30 to 133.33. This zone is formed by a combination of multiple trend lines in multiple time frames.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | UP | POSITIVE | The long term trend for DXJ is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for DXJ is up. |
| ChartMill Relative Strength | 80.11 | POSITIVE | DXJ has a high relative strength, it outperformed 80.11% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of DXJ is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of DXJ is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of DXJ is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 61.07 | NEUTRAL | The RSI value for DXJ is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests DXJ has a positive trend. |
| Stochastics (14,3) | 69.92 | NEUTRAL | The Stochastics value for DXJ is a neutral value. |
| Average True Range in percent/ATR (20) | 1.25 | LOW VOLATILITY | The low ATR as a percentage value for DXJ suggests low volalility. |
| Average Directional Index/ADX (14) | 19.42 | NEGATIVE | The low ADX value for DXJ suggests a weak or negative trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
133.29
+2.15 (+1.64%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg1.64%
1 Week3.35%
2 Weeks0.09%
1 Month2.77%
3 Month11.11%
6 Month23.57%
12 Month25.4%
2 Year51.93%
3 Year105.82%
5 Year176.71%
10 Year150.12%
15 Year282.69%
Volatility
ATR(14)1.97
ATR(20)%1.25%
ATR Inc-14.9%
Range Today0.61
ADR(20)0.99
ADR(20)%0.74%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS80.11
Mansfield0.48
10 Day High133.63
10 Day Low126.81
20 Day High133.63
20 Day Low126.76
52 Week High133.63
52 Week Low91.58
CS1 End131.07
CR1 Start133.3
Volume & EV
DER(3)1.86%
DER(5)1.91%
Volume284.70K
Volume Incr-26.42%
Vol(5)371.66K
Vol(50)408.91K