
Technical analysis of iShares MSCI Japan ETF (stock) with the Montbon Method — Elliott Waves, moving averages and a 0–100 score.
iShares MSCI Japan ETF (EWJ) is an exchange-traded fund that tracks the performance of the large- and mid-capitalization segments of the Japanese equity market, investing at least 80% of its assets in component securities of its underlying index or in investments with substantially identical economic characteristics.
Description generated automatically from public sources; it may be inaccurate or out of date.
Closing values for October 16, 2026, computed on the last 12 months of prices.
21 sessions
97.38 $
−2.07%
50 sessions
96.94 $
−1.62%
200 sessions
90.96 $
+4.85%
s2
93.92
Support
s1
94.67
Support
pivot
95.08
Pivot
r1
95.83
Resistance
r2
96.24
Resistance
In the October 16, 2026 session iShares MSCI Japan ETF closed lower at 95.36 $, −0.07% versus the previous session.
The price sits mixed against its moving averages: −2.07% against the 21-session average, −1.62% against the 50 and +4.85% against the 200.
The 14-period RSI reads 41.2, in neutral territory.
MACD stands at -0.165 against a signal line at 0.218: the histogram is negative (−0.383).
ADX reads 10.3, indicating weak directionality.
Levels computed on the latest session place supports at 94.67 and 93.92 $ and resistances at 95.83 and 96.24 $, around a pivot of 95.08.
The average daily range (ATR) is 1.270 $, or 1.33% of price.
Turnover was 1.4M shares, 35% of the 20-session average.
Over the last twelve months the price ranged between 85.94 and 99.98 $, and today stands −4.62% from the period high.
Measures computed on closing prices. They describe the past; they are not forecasts.
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Montbon analyses markets with Elliott Waves, multi-timeframe moving averages and a 0–100 score summarising the technical setup. It is an informational screening tool.
Elliott Waves
Wave counting to frame the price structure.
MTF moving averages
Moving averages across timeframes to read the trend.
0–100 score
A technical summary of the setup, updated daily.
How is iShares MSCI Japan ETF analysed technically?
Technical analysis of iShares MSCI Japan ETF is based on price charts and indicators such as moving averages, RSI and MACD, to observe trend, momentum and volatility across different time horizons.
Which timeframes are used for iShares MSCI Japan ETF?
The daily and weekly charts are typically used for medium-to-long-term trends, while intraday charts (for example 1-hour or 15-minute) are used for short-term movements.
What are Elliott Waves applied to iShares MSCI Japan ETF?
Elliott Wave theory describes price moves as sequences of impulsive and corrective waves; applied to iShares MSCI Japan ETF it helps frame the technical structure of the historical chart and is not a forecast.
Disclaimer. For informational purposes only; not financial advice or a recommendation. Montbon Analytics is not an authorised financial intermediary.
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