EWJ Technical Analysis & ETF Price Forecast

Technical Sentiment

Overall Consensus

Sell

Buy

Technical Analysis Consensus

Sell

Buy

Moving Average Consensus

Sell

Buy

iShares MSCI Japan Index Fund (EWJ) Moving Averages Convergence Divergence (MACD) indicator is 0.44, suggesting EWJ is Strong buy.

iShares MSCI Japan Index Fund (EWJ) 20-Day simple moving average is 88.19, while iShares MSCI Japan Index Fund (EWJ) share price is $89.26, making it Buy.

iShares MSCI Japan Index Fund (EWJ) 60-Day simple moving average is 87.75, while iShares MSCI Japan Index Fund (EWJ) share price is $89.26, making it Buy.

Technical Analysis for EWJ

Technical Sentiment Analysis for iShares MSCI Japan Index Fund (EWJ). As of 2026-05-04, iShares MSCI Japan Index Fund (EWJ) is exhibiting a Strong buy technical sentiment. Our proprietary analysis, which aggregates 11 technical signals, shows that 8 indicators are flashing buy, while 3 are indicating sell.

Momentum Indicators: RSI, MACD & Overbought/Oversold Status. Currently, the Relative Strength Index (RSI) for EWJ stands at 52.78, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at 0.44, providing a Buy signal for short-term momentum. Other oscillators like the Stochastic Oscillator at 48.66 and the Commodity Channel Index (CCI) at 11.85 further confirm a -1.21 outlook for the ETF.

Support, Resistance & Moving Averages. From a structural perspective, EWJ is trading above its 60-day moving average of $87.75 and above its 200-day long-term moving average of $83.16. Key price levels to watch include the immediate resistance at $89.28 and strong support at $86.1. A break above $89.28 could signal a bull continuation, while falling below $86.1 may test the next Fibonacci floor at $84.52.

iShares MSCI Japan Index Fund (EWJ) Support & Resistance Level

Name	S3	S2	S1	Pivot Points	R1	R2	R3
Classic	82.92	84.52	86.1	87.7	89.28	90.88	92.46
Fibonacci	84.52	85.74	86.49	87.7	88.92	89.67	90.88

iShares MSCI Japan Index Fund (EWJ) Technical Indicators

2026-05-04

Name	Value
Relative Strength Index (RSI)	52.78
Stochastic Oscillator	48.66
Stochastic RSI	41.05
Commodity Channel Index (CCI)	11.85
Awesome Oscillator	1.6
Momentum	-1.21
MACD	0.44

iShares MSCI Japan Index Fund (EWJ) Relative Strength Index (RSI) is 52.78, creating a Neutral signal.

iShares MSCI Japan Index Fund (EWJ) Stochastic Oscillator is 48.66, creating a Neutral signal.

iShares MSCI Japan Index Fund (EWJ) Stochastic RSI is 41.05, creating a Neutral signal.

iShares MSCI Japan Index Fund (EWJ) Commodity Channel Index (CCI) is 11.85, creating a Neutral signal.

iShares MSCI Japan Index Fund (EWJ) Awesome Oscillator is 1.6, creating a Buy signal.

iShares MSCI Japan Index Fund (EWJ) Momentum is -1.21, creating a Sell signal.

iShares MSCI Japan Index Fund (EWJ) MACD is 0.44, creating a Buy signal.

iShares MSCI Japan Index Fund (EWJ) Moving Average

2026-05-04

Period	Simple	Signal
5-Day	87.98	Buy
10-Day	87.69	Buy
20-Day	88.19	Buy
60-Day	87.75	Buy
200-Day	83.16	Buy
250-Day	81.16	Buy

iShares MSCI Japan Index Fund (EWJ) 5-Day simple moving average is 87.98, while iShares MSCI Japan Index Fund (EWJ) share price is $89.26, making it Buy.

iShares MSCI Japan Index Fund (EWJ) 10-Day simple moving average is 87.69, while iShares MSCI Japan Index Fund (EWJ) share price is $89.26, making it Buy.

iShares MSCI Japan Index Fund (EWJ) 20-Day simple moving average is 88.19, while iShares MSCI Japan Index Fund (EWJ) share price is $89.26, making it Buy.

iShares MSCI Japan Index Fund (EWJ) 60-Day simple moving average is 87.75, while iShares MSCI Japan Index Fund (EWJ) share price is $89.26, making it Buy.

iShares MSCI Japan Index Fund (EWJ) 200-Day simple moving average is 83.16, while iShares MSCI Japan Index Fund (EWJ) share price is $89.26, making it Buy.

iShares MSCI Japan Index Fund (EWJ) 250-Day simple moving average is 81.16, while iShares MSCI Japan Index Fund (EWJ) share price is $89.26, making it Buy.