JPXN iShares JPX-Nikkei 400 ETF Forecast, Technical & Fundamental Analysis

JPXN in upward trend: price may jump up because it broke its lower Bollinger Band on January 10, 2025

JPXN may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options. In of 43 cases where JPXN's price broke its lower Bollinger Band, its price rose further in the following month. The odds of a continued upward trend are .

Technical Analysis (Indicators)

Bullish Trend Analysis

The RSI Indicator points to a transition from a downward trend to an upward trend -- in cases where JPXN's RSI Indicator exited the oversold zone, of 27 resulted in an increase in price. Tickeron's analysis proposes that the odds of a continued upward trend are .

The Momentum Indicator moved above the 0 level on January 23, 2025. You may want to consider a long position or call options on JPXN as a result. In of 83 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are .

The Moving Average Convergence Divergence (MACD) for JPXN just turned positive on January 21, 2025. Looking at past instances where JPXN's MACD turned positive, the stock continued to rise in of 52 cases over the following month. The odds of a continued upward trend are .

JPXN moved above its 50-day moving average on January 24, 2025 date and that indicates a change from a downward trend to an upward trend.

Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where JPXN advanced for three days, in of 307 cases, the price rose further within the following month. The odds of a continued upward trend are .

Bearish Trend Analysis

The Stochastic Oscillator demonstrated that the ticker has stayed in the overbought zone for 4 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 JPXN declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .

The Aroon Indicator for JPXN entered a downward trend on January 23, 2025. This could indicate a strong downward move is ahead for the stock. Traders may want to consider selling the stock or buying put options.