FIRST TRUST JAPAN (FJP) Stock Technical Analysis
NASDAQ:FJP - Nasdaq - US33737J1584 - ETF - Currency: USD
Overall FJP gets a technical rating of 8 out of 10. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, FJP is only an average performer.
Warning: FJP has an average volume of 12612 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
Both the short term and long term trends are positive. This is a very positive sign.
FJP is currently trading near its 52 week high, which is a good sign. The S&P500 Index is trading in the upper part of its 52 week range, but not near new highs, so FJP is leading the market.
In the last month FJP has a been trading in the 55.53 - 59.45 range, which is quite wide. It is currently trading near the high of this range.
Looking at the yearly performance, FJP did better than 78% of all other stocks. However, this overall good ranking is mostly due to the recent strong move.
Although FJP 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
47.52
59.56
When analyzing the support we can see 2 important areas.
- A support zone ranging from 55.33 to 55.69. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @48.00 from a horizontal line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 58.79 to 58.97. 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 FJP is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for FJP is up. |
| ChartMill Relative Strength | 78.76 | POSITIVE | FJP has a high relative strength, it outperformed 78.76% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of FJP is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of FJP is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of FJP is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 63.03 | NEUTRAL | The RSI value for FJP is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.08 | POSITIVE | The MACD value suggests FJP has a positive trend. |
| Stochastics (14,3) | 68.3 | NEUTRAL | The Stochastics value for FJP is a neutral value. |
| Average True Range in percent/ATR (20) | 1.47 | LOW VOLATILITY | The low ATR as a percentage value for FJP suggests low volalility. |
| Average Directional Index/ADX (14) | 20.07 | NEUTRAL | The ADX value for FJP suggests a possible start of a new 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)
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 58.98 | 56.73 | 2.25 (3.81%) | 25.00% |
| An entry @58.98. This is a Buy Stop order right above the resistance zone. | An exit @56.73. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 2.25 points, which is 3.81%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.95%. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
NASDAQ:FJP (5/30/2025, 8:00:00 PM)
58.78
+0.84 (+1.45%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg1.45%
1 Week2.46%
2 Weeks2.76%
1 Month5.27%
3 Month9.13%
6 Month10.55%
12 Month9.75%
2 Year31%
3 Year28.2%
5 Year28.14%
10 Year14.58%
15 YearN/A
Volatility
ATR(14)0.88
ATR(20)%1.47%
ATR Inc7.63%
Range Today0.7
ADR(20)0.74
ADR(20)%1.25%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS78.76
Mansfield0.72
10 Day High59.45
10 Day Low56.74
20 Day High59.45
20 Day Low55.53
52 Week High59.45
52 Week Low43.52
CS1 End55.69
CR1 Start58.79
Volume & EV
DER(3)8.71%
DER(5)7.32%
Volume7.60K
Volume Incr0.52%
Vol(5)8.74K
Vol(50)12.61K