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.
Contributor
Sergey Savastiouk, Ph.D. has a degree in Applied Mathematics from Moscow University and has extensive experience as an entrepreneur, investor, manager, and mathematician. His professional expertise is in applied mathematics, mathematical modeling, system and pattern analysis, and software and hardware system integration. He has served as the CEO of several hi-tech start-up companies and nonprofit organizations, which has given him proven capabilities in business strategy for high-tech start-up companies, market assessment, company formation, team building, product development, marketing, and sales. He has published numerous articles in journals and magazines on related fields. As a retail investor, he spent 15 years developing his proprietary trading and quantitative algorithms (now Tickeron’s A.I.), which brought him significant returns in trading the stock market. His current work and goal in founding Tickeron is to bring professional, sophisticated stock market analysis capabilities to retail investors via an easy-to-use interface.
EWJV sees MACD Histogram crosses below signal line
EWJV saw its Moving Average Convergence Divergence Histogram (MACD) turn negative on September 18, 2026. This is a bearish signal that suggests the stock could decline going forward. Tickeron's A.I.dvisor looked at 53 instances where the indicator turned negative. In 41 of the 53 cases the stock moved lower in the days that followed. This puts the odds of a downward move at 77%.
Technical Analysis (Indicators)
Bearish Trend Analysis
The 10-day RSI Indicator for EWJV moved out of overbought territory on September 14, 2026. 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 40 similar instances where the indicator moved out of overbought territory. In 30 of the 40 cases, the stock moved lower in the following days. This puts the odds of a move lower at 75%.
The Momentum Indicator moved below the 0 level on September 23, 2026. You may want to consider selling the stock, shorting the stock, or exploring put options on EWJV as a result. In 57 of 88 cases where the Momentum Indicator fell below 0, the stock fell further within the subsequent month. The odds of a continued downward trend are 65%.
EWJV moved below its 50-day moving average on October 08, 2026 date and that indicates a change from an upward trend to a downward trend.
The 10-day moving average for EWJV crossed bearishly below the 50-day moving average on October 13, 2026. This indicates that the trend has shifted lower and could be considered a sell signal. In 11 of 18 past instances when the 10-day crossed below the 50-day, the stock continued to move higher over the following month. The odds of a continued downward trend are 61%.
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 50 of 62 cases within the following month. The odds of a continued downward trend are 70%.
The Aroon Indicator for EWJV entered a downward trend on October 13, 2026. This could indicate a strong downward move is ahead for the stock. Traders may want to consider selling the stock or buying put options.
Bullish Trend Analysis
The Stochastic Oscillator demonstrated that the ticker has stayed in the oversold zone for 2 days, which means it's wise to expect a price bounce in the near future.
Following a +1.46% 3-day Advance, the price is estimated to grow further. Considering data from situations where EWJV advanced for three days, in 275 of 333 cases, the price rose further within the following month. The odds of a continued upward trend are 83%.
EWJV may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options.
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