|
|
Archive - 9/4/2026 - Sign In to see current Signals. |
iShares MSCI Japan Index (EWJ) Technical Analysis
|
 |
| Summary:
| | Weekly :  | | Daily :   Move cursor over the icon to see details.
| | It was a second consecutive positive week for the iShares MSCI Japan Index (EWJ). During the week, the EWJ gained 2.41 points, or 2.51%, and closed at 98.28 on Friday, September 4, 2026. Weekly volume was -40% below average.
Long-term trend: [See EWJ long-term trend chart] A long-term uptrend had started on October 13, 2022 at 47.64 and reached 98.79 on August 13, 2026. EWJ gained -51.15 points, or -107.37%, in 200 weeks. The chart has formed a Broadening Ascending Wedge chart pattern. The uptrend resistance line (63.24) is broken. Usually a broken resistance is considered to be a long-term bullish signal, although a short-term pull back is possible. Use the following links to access Trend Support/Resistance Help, or use the Technical Stock Screener to see the list of stocks with broken trend resistance line in a long-term trend.
Medium-term trend: [See EWJ medium-term trend chart] A medium-term uptrend had started on July 29, 2026 at 89.09 and reached 98.79 on August 13, 2026. EWJ gained -9.70 points, or -10.89%, in 2 weeks. The price is now at the 5.26% retracement level.
Weekly Technical Indicators: [See EWJ weekly technical indicators chart] Weekly Williams' Percentage Range is strongly overbought. Use the Technical Stock Screener to see the list of stocks with strongly overbought weekly overbought Williams' Percentage Range. Oscillators are designed to signal a possible trend reversal. They can act as alerts and should be taken in conjunction with other technical analysis tools. Oscillators can be used to confirm other technical signals. Use the following link to access Williams' Percentage Range help. The weekly MACD line is above its signal line since August 7, 2026. This is an indication that the medium-term trend is up. The distance between MACD and the signal line is low, but getting bigger. It indicates that the current medium-term uptrend is getting stronger. Use the following link to access a MACD help.
Short-term trend: [See EWJ short-term trend chart] A short-term downtrend had started on August 13, 2026 at 98.79 and reached 94.05 on August 20, 2026. EWJ lost 4.74 points, or 4.80%, in 7 days. The chart has formed a Symmetric Triangle chart pattern.
Daily Technical Indicators: [See EWJ daily technical indicators chart] Daily technical indicators are neutral. During the last week, daily MACD line has moved above its signal line. Such crossover is considered a bullish signal. During the last week, the price has risen above the Parabolic SAR (stop and reversal). A Parabolic SAR below the price is a bullish signal, and it indicates that momentum is likely to remain in the upward direction. A Parabolic SAR is used as a trailing stop loss for long or short positions. It works best during strong trending periods. Use the following links to access Parabolic SAR Help, or use the Technical Stock Screener to see the list of stocks with the Parabolic SAR close to the price level. The price touches the upper Bollinger Band. The Bollinger Bands are often used with a non-oscillator indicator like chart patterns or a trendline. The signals are considered more reliable if these indicators confirm the recommendation of the Bollinger Bands. Use the following links to access the Bollinger Bands Help, or use the Technical Stock Screener to see the list of stocks with the price above the Upper Bollinger Band or below the Lower Bollinger Band.
| |
|
|