FIRST TRUST JAPAN (FJP) Stock Technical Analysis
NASDAQ:FJP - Nasdaq - US33737J1584 - ETF - Currency: USD
Taking everything into account, FJP scores 8 out of 10 in our technical rating. Both in the recent history as in the last year, FJP has proven to be a steady performer, scoring decent points in every aspect analyzed.
FJP has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 58.71. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 57.92, a Stop Loss order could be placed below this zone.
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47.52
When analyzing the support we can see 2 important areas.
- A support zone ranging from 57.92 to 57.92. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @48.00 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 58.71 to 60.06. 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 FJP is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for FJP is neutral. |
| ChartMill Relative Strength | 71.06 | POSITIVE | FJP has a high relative strength, it outperformed 71.06% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of FJP is below 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) | 49.03 | NEUTRAL | The RSI value for FJP is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.19 | NEGATIVE | The MACD value suggests FJP has a negative trend. |
| Stochastics (14,3) | 18.92 | OVERSOLD | The low Stochastics value suggests FJP may be oversold. |
| Average True Range in percent/ATR (20) | 1.72 | LOW VOLATILITY | The low ATR as a percentage value for FJP suggests low volalility. |
| Average Directional Index/ADX (14) | 22.64 | NEUTRAL | The ADX value for FJP suggests a possible start of a new trend. |
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 |
|---|---|---|---|
| 58.79 | 57.93 | 0.87 (1.48%) | 25.00% |
| An entry @58.79. This is a Buy Stop order right above the 10 day moving average. | An exit @57.93. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 0.87 points, which is 1.48%. | For a 0.37% total portfolio risk, you can invest 25.00% of your capital in this trade. |
- The distance between exit and entry is rather small compared to the average daily movement of FJP. Please evaluate whether better entry and exit points can be found.
- 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 (6/20/2025, 8:00:00 PM)
57.935
-1.31 (-2.22%)