Japan exports decline, on China-bound shipment slump
Japan’s exports declined for an eighth month in July, as exports to China (Japan’s biggest trading partner) were hurt amidst the ongoing U.S.-China trade war.
According to Ministry of Finance data, total exports from Japan in July fell -1.6% year-over-year, largely due to a slump in China-bound shipments of car parts and semiconductor production equipment. Economists. had expected a -2.2% decrease.
Japan's exports to China plunged -9.3% year-on-year in July, down for a fifth month. That included substantial declines of -31.5% in semiconductor production equipment, -35% in car parts and -19% in electronics parts.
Shipments to Asia shrunk - 8.3% in the year to July.
On the other hand, Japan’s exports to the U.S. surged +8.4% in the year to July, largely driven by increases in exports of semiconductor production equipment, construction and mining machinery and airplanes. It marked the tenth straight month of Japan exports growth to the U.S.
EWJV's MACD Histogram crosses above signal line
The Moving Average Convergence Divergence (MACD) for EWJV turned positive on March 17, 2025. Looking at past instances where EWJV's MACD turned positive, the stock continued to rise in of 55 cases over the following month. The odds of a continued upward trend are .
Technical Analysis (Indicators)
Bullish Trend Analysis
The Momentum Indicator moved above the 0 level on March 12, 2025. You may want to consider a long position or call options on EWJV as a result. In of 98 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are .
Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where EWJV advanced for three days, in of 325 cases, the price rose further within the following month. The odds of a continued upward trend are .
The Aroon Indicator entered an Uptrend today. In of 228 cases where EWJV Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are .
Bearish Trend Analysis
The 10-day RSI Indicator for EWJV moved out of overbought territory on March 24, 2025. This could be a bearish sign for the stock. Traders may want to consider selling the stock or buying put options. Tickeron's A.I.dvisor looked at 42 similar instances where the indicator moved out of overbought territory. In of the 42 cases, the stock moved lower in the following days. This puts the odds of a move lower at .
The Stochastic Oscillator demonstrated that the ticker has stayed in the overbought zone for 8 days. The longer the ticker stays in the overbought zone, the sooner a price pull-back is expected.
Following a 3-day decline, the stock is projected to fall further. Considering past instances where EWJV declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .
EWJV broke above its upper Bollinger Band on March 19, 2025. This could be a sign that the stock is set to drop as the stock moves back below the upper band and toward the middle band. You may want to consider selling the stock or exploring put options.
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Category JapanStock