NYSEARCA:EWJ - NYSE Arca - US46434G8226 - ETF - Currency: USD
We assign a technical rating of 8 out of 10 to EWJ. Although EWJ is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
Although EWJ has an excellent technical rating, the quality of the presented setup is not ideal 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.
61.33
3 important support areas can be observed.
We found 1 important resistance 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 | UP | POSITIVE | The short term trend for EWJ is up. |
ChartMill Relative Strength | 67.83 | 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) | 59.31 | NEUTRAL | The RSI value for EWJ is a neutral value. |
Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests EWJ has a positive trend, although the MACD value is declining. |
Stochastics (14,3) | 81.56 | OVERBOUGHT | The high Stochastics value suggests EWJ may be overbought. |
Average True Range in percent/ATR (20) | 1.08 | LOW VOLATILITY | The low ATR as a percentage value for EWJ suggests low volalility. |
Average Directional Index/ADX (14) | 17.44 | NEGATIVE | The low ADX value for EWJ suggests a weak or negative trend. |
NYSEARCA:EWJ (6/5/2025, 10:21:04 AM)
73.37
-0.71 (-0.96%)