EWJ Stock Tickeron detected bearish ETF Pattern: Broadening Wedge Ascending EWJ on February 27, 2025, netting in a 2.20% gain over 1 month

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EWJ - iShares MSCI Japan ETF

Ticker: EWJ

Company: iShares MSCI Japan ETF

Gain from shorting: +2.2%

Confirmed: 02/27/25

Succeeded: 03/31/25

Total length: 41 days

Momentum Indicator for EWJ turns negative, indicating new downward trend

EWJ saw its Momentum Indicator move below the 0 level on March 28, 2025. This is an indication that the stock could be shifting in to a new downward move. Traders may want to consider selling the stock or exploring put options. Tickeron's A.I.dvisor looked at 97 similar instances where the indicator turned negative. In of the 97 cases, the stock moved further down in the following days. The odds of a decline are at .

Technical Analysis (Indicators)

Bearish Trend Analysis

The Moving Average Convergence Divergence Histogram (MACD) for EWJ turned negative on March 28, 2025. This could be a sign that the stock is set to turn lower in the coming weeks. Traders may want to sell the stock or buy put options. Tickeron's A.I.dvisor looked at 56 similar instances when the indicator turned negative. In of the 56 cases the stock turned lower in the days that followed. This puts the odds of success at .

EWJ moved below its 50-day moving average on March 31, 2025 date and that indicates a change from an upward trend to a downward trend.

Following a 3-day decline, the stock is projected to fall further. Considering past instances where EWJ declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .

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.

The 50-day moving average for EWJ moved above the 200-day moving average on March 07, 2025. This could be a long-term bullish signal for the stock as the stock shifts to an upward trend.

Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where EWJ advanced for three days, in of 308 cases, the price rose further within the following month. The odds of a continued upward trend are .

EWJ may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options.

The Aroon Indicator entered an Uptrend today. In of 258 cases where EWJ Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are .