NYSEARCA:EWJ - NYSE Arca - US46434G8226 - ETF - Currency: USD
Taking everything into account, EWJ scores 6 out of 10 in our technical rating. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, EWJ is only an average performer.
EWJ has an average technical rating and it also does not offer a high quality setup at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
61.48
When analyzing the support we can see 2 important areas.
When analyzing the resistance we notice one important area.
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 EWJ is up. |
ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for EWJ is neutral. |
ChartMill Relative Strength | 65.42 | NEUTRAL | EWJ is not amongst the best or worst performers on the market. |
Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of EWJ is above the rising SMA(20). |
Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of EWJ is above the rising SMA(50). |
Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of EWJ is above the rising SMA(200). |
Relative Strength Index/RSI (14) | 62.23 | NEUTRAL | The RSI value for EWJ is a neutral value. |
Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests EWJ has a positive trend. |
Stochastics (14,3) | 75.46 | NEUTRAL | The Stochastics value for EWJ is a neutral value. |
Average True Range in percent/ATR (20) | 1.1 | LOW VOLATILITY | The low ATR as a percentage value for EWJ suggests low volalility. |
Average Directional Index/ADX (14) | 15.01 | NEGATIVE | The low ADX value for EWJ suggests a weak or negative trend. |
75.28
+1.31 (+1.77%)