ISHARES MSCI JAPAN ETF (EWJ) Stock Technical Analysis
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.
Both the short term and long term trends are positive. This is a very positive sign.
EWJ is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so EWJ is performing more or less in line with the market.
EWJ has an average volume of 6129910 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
When compared to the yearly performance of all other stocks, EWJ outperforms 67% of them, which is more or less in line with the market.
In the last month EWJ has a been trading in a tight range between 71.31 and 75.05.
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.
More info and screens
61.33
75.79
3 important support areas can be observed.
- A support zone ranging from 70.28 to 71.82. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @68.09 from a horizontal line in the daily time frame.
- Support @61.95 from a trend line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 73.77 to 75.04. This zone is formed by a combination of multiple trend lines and important moving averages 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 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. |
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)
NYSEARCA:EWJ (6/5/2025, 10:21:04 AM)
73.37
-0.71 (-0.96%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-0.96%
1 Week0.64%
2 Weeks1.49%
1 Month2.28%
3 Month5.57%
6 Month4.22%
12 Month7.78%
2 Year19.68%
3 Year40.22%
5 Year34.89%
10 Year44.57%
15 Year101.3%
Volatility
ATR(14)0.81
ATR(20)%1.08%
ATR Inc-8.61%
Range Today0.17
ADR(20)0.57
ADR(20)%0.78%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS67.83
Mansfield0.26
10 Day High75.05
10 Day Low72.13
20 Day High75.05
20 Day Low71.31
52 Week High75.05
52 Week Low59.84
CS1 End74.07
CR1 Start74.12
Volume & EV
DER(3)-3.75%
DER(5)-4.71%
Volume2.07K
Volume Incr3.05%
Vol(5)4.90M
Vol(50)6.13M