FJP First Trust Japan AlphaDEX® ETF Forecast, Technical & Fundamental Analysis
The investment seeks investment results that correspond generally to the price and yield (before the fund's fees and expenses) of an equity index called the NASDAQ AlphaDEX® Japan Index... Show more
Momentum Indicator for FJP turns positive, indicating new upward trend
FJP saw its Momentum Indicator move above the 0 level on June 26, 2025. This is an indication that the stock could be shifting in to a new upward move. Traders may want to consider buying the stock or buying call options. Tickeron's A.I.dvisor looked at 102 similar instances where the indicator turned positive. In of the 102 cases, the stock moved higher in the following days. The odds of a move higher are at .
Technical Analysis (Indicators)
Bullish Trend Analysis
The Moving Average Convergence Divergence (MACD) for FJP just turned positive on June 27, 2025. Looking at past instances where FJP's MACD turned positive, the stock continued to rise in of 50 cases over the following month. The odds of a continued upward trend are .
Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where FJP advanced for three days, in of 295 cases, the price rose further within the following month. The odds of a continued upward trend are .
The Aroon Indicator entered an Uptrend today. In of 236 cases where FJP Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are .
Bearish Trend Analysis
The 10-day RSI Indicator for FJP moved out of overbought territory on June 03, 2025. 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 26 similar instances where the indicator moved out of overbought territory. In of the 26 cases, the stock moved lower in the following days. This puts the odds of a move lower at .
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.
FJP broke above its upper Bollinger Band on June 27, 2025. This could be a sign that the stock is set to drop as the stock moves back below the upper band and toward the middle band. You may want to consider selling the stock or exploring put options.
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General Information
Category JapanStock
FJP and ETFs
Correlation & Price change
A.I.dvisor indicates that over the last year, FJP has been closely correlated with EWJ. These tickers have moved in lockstep 86% of the time. This A.I.-generated data suggests there is a high statistical probability that if FJP jumps, then EWJ could also see price increases.
| Ticker / NAME | Correlation To FJP | 1D Price Change % | ||
|---|---|---|---|---|
| FJP | 100% | +0.54% | ||
| EWJ - FJP | 86% Closely correlated | +0.19% | ||
| EWJV - FJP | 85% Closely correlated | +0.52% | ||
| FLJP - FJP | 85% Closely correlated | +0.16% | ||
| BBJP - FJP | 85% Closely correlated | +0.15% | ||
| DXJ - FJP | 75% Closely correlated | +1.53% | ||
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