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ISHARES MSCI JAPAN ETF (EWJ) Stock Technical Analysis

NYSEARCA:EWJ - NYSE Arca - US46434G8226 - ETF - Currency: USD

73.37  -0.71 (-0.96%)

Technical Rating and Analysis

8

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.
Weekly and Daily overview Charts
ISHARES MSCI JAPAN ETF / EWJ Weekly stock chart
ISHARES MSCI JAPAN ETF / EWJ Daily stock chart
Setup Rating and Analysis

5

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.

Support and Resistance Analysis

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.
Technical Indicator Signal Analysis

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.

IndicatorValueSignalComment
ChartMill Long Term Trend IndicatorUPPOSITIVEThe long term trend for EWJ is up.
ChartMill Short Term Trend IndicatorUPPOSITIVEThe short term trend for EWJ is up.
ChartMill Relative Strength67.83NEUTRALEWJ is not amongst the best or worst performers on the market.
Simple Moving Average/SMA (20)UPPOSITIVEThe current price of EWJ is above the rising SMA(20).
Simple Moving Average/SMA (50)UPPOSITIVEThe current price of EWJ is above the rising SMA(50).
Simple Moving Average/SMA (200)UPPOSITIVEThe current price of EWJ is above the rising SMA(200).
Relative Strength Index/RSI (14)59.31NEUTRALThe RSI value for EWJ is a neutral value.
Moving Average Convergence Divergence/MACD (12, 26, 9)0POSITIVEThe MACD value suggests EWJ has a positive trend, although the MACD value is declining.
Stochastics (14,3)81.56OVERBOUGHTThe high Stochastics value suggests EWJ may be overbought.
Average True Range in percent/ATR (20)1.08LOW VOLATILITYThe low ATR as a percentage value for EWJ suggests low volalility.
Average Directional Index/ADX (14)17.44NEGATIVEThe low ADX value for EWJ suggests a weak or negative trend.
Chart- and CandleStick Pattern Analysis
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)
ISHARES MSCI JAPAN ETF / EWJ Daily stock chart

ISHARES MSCI JAPAN ETF

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