iShares MSCI All Country Asia ex Japan ETF Forecast

$67.75
+0.210 (+0.311%)
At Close: Mar 28, 2024
RSI low/high Values: [ 25 - 75 ]
* StockInvest.us uses dynamically calculated RSI max/min levels to determine when stock is oversold or overbought based on historical behavior.
AI Analysis of AAXJ
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Green day on Thursday for iShares MSCI All Country Asia ex Japan
(Updated on Mar 28, 2024)

Buy or Hold candidate since Mar 21, 2024 Loss -0.26% PDF

The iShares MSCI All Country Asia ex Japan ETF price gained 0.311% on the last trading day (Thursday, 28th Mar 2024), rising from $67.54 to $67.75. During the last trading day the ETF fluctuated 0.473% from a day low at $67.64 to a day high of $67.96. The price has risen in 6 of the last 10 days but is still down by -0.32% for this period. Volume fell on the last day by -214 thousand shares and in total, 671 thousand shares were bought and sold for approximately $45.47 million. You should take into consideration that falling volume on higher prices causes divergence and may be an early warning about possible changes over the next couple of days.

The ETF lies in the middle of a weak rising trend in the short term and a further rise within the trend is signaled. Given the current short-term trend, the ETF is expected to rise 7.37% during the next 3 months and, with a 90% probability hold a price between $70.54 and $74.73 at the end of this 3-month period.

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AAXJ Signals & Forecast

There are mixed signals in the ETF today. A sell signal was issued from a pivot top point on Tuesday, March 12, 2024, and so far it has fallen -1.33%. Further fall is indicated until a new bottom pivot has been found. Furthermore, there is currently a sell signal from the 3 month Moving Average Convergence Divergence (MACD). The iShares MSCI All Country Asia ex Japan ETF holds buy signals from both short and long-term Moving Averages giving a positive forecast for the stock. Also, there is a general buy signal from the relation between the two signals where the short-term average is above the long-term average. On corrections down, there will be some support from the lines at $67.66 and $66.80. A breakdown below any of these levels will issue sell signals. Volume fell during the last trading day despite gaining prices. This causes a divergence between volume and price and it may be an early warning. The ETF should be watched closely.

Support, Risk & Stop-loss for iShares MSCI All Country Asia ex Japan ETF

iShares MSCI All Country Asia ex Japan finds support from accumulated volume at $65.86 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.

In general the ETF tends to have very controlled movements and with good liquidity the risk is considered very low in this stock. During the last day, the ETF moved $0.320 between high and low, or 0.473%. For the last week the ETF has had daily average volatility of 0.382%.

Our recommended stop-loss: $65.26 (-3.67%) (This ETF has low daily movements and this gives low risk. There is a sell signal from a pivot top found 12 days ago.)

Trading Expectations (AAXJ) For The Upcoming Trading Day Of Monday 1st

For the upcoming trading day on Monday, 1st we expect iShares MSCI All Country Asia ex Japan Index Fund to open at $67.78, and during the day (based on 14 day Average True Range), to move between $67.19 and $68.31, which gives a possible trading interval of +/-$0.563 (+/-0.83%) up or down from last closing price. If iShares MSCI All Country Asia ex Japan Index Fund takes out the full calculated possible swing range there will be an estimated 1.66% move between the lowest and the highest trading price during the day.

Since the stock is closer to the resistance from accumulated volume at $67.82 (0.10%) than the support at $65.86 (2.79%), our systems don't find the trading risk/reward intra-day attractive and any bets should be held until the stock is closer to the support level.

Is iShares MSCI All Country Asia ex Japan Index Fund ETF A Buy?

Several short-term signals, along with a general good trend, are positive and we conclude that the current level may hold a buying opportunity as there is a fair chance for iShares MSCI All Country Asia ex Japan ETF to perform well in the short-term.

Current score: 1.726 Buy Candidate Unchanged

Predicted Opening Price for iShares MSCI All Country Asia ex Japan Index Fund of Monday, April 1, 2024

Fair opening price April 1, 2024 Current price
$67.78 ( 0.0492%) $67.75

The predicted opening price is based on yesterday's movements between high, low, and closing price.

Trading levels for AAXJ

Fibonacci Support & Resistance Levels

Level Price
Resistance R3 68.10 0.522 %
R2 67.98 0.341 %
R1 67.91 0.230 %
Current price: 67.75
Support S1 67.66 -0.131 %
S2 67.59 -0.243 %
S3 67.46 -0.423 %

Accumulated Volume Support & Resistance Levels

Level Price
Resistance R3 68.66 1.34 %
R2 68.35 0.89 %
R1 67.82 0.103 %
Current price 67.75
Support S1 65.86 -2.79%
S2 64.30 -5.09%
S3 63.39 -6.44%

AAXJ Dividend Payout History


# Declaration Date Ex-Date Pay Date Amount Yield
1 Dec 20, 2023 Dec 20, 2023 Dec 27, 2023 $0.793 1.21%
2 Jun 06, 2023 Jun 07, 2023 Jun 13, 2023 $0.397 0.581%
3 Dec 12, 2022 Dec 13, 2022 Dec 19, 2022 $0.787 1.21%
4 Jun 08, 2022 Jun 09, 2022 Jun 15, 2022 $0.337 0.484%
5 Dec 10, 2021 Dec 13, 2021 Dec 17, 2021 $1.55 1.90%

FAQ

What is the symbol for iShares MSCI All Country Asia ex Japan Index Fund ETF and on which exchange is it traded?
The symbol for iShares MSCI All Country Asia ex Japan Index Fund is AAXJ and it is traded on the NASDAQ (NASDAQ Stock Exchange).

Should I buy or sell iShares MSCI All Country Asia ex Japan Index Fund ETF?
Several short-term signals, along with a general good trend, are positive and we conclude that the current level may hold a buying opportunity as there is a fair chance for iShares MSCI All Country Asia ex Japan ETF to perform well in the short-term.

How to buy iShares MSCI All Country Asia ex Japan Index Fund ETF?
iShares MSCI All Country Asia ex Japan Index Fund ETF can be purchased through just about any brokerage firm, including online brokerage services.
Click here for our free guide on how to buy iShares MSCI All Country Asia ex Japan Index Fund ETF.

What's the current price of iShares MSCI All Country Asia ex Japan Index Fund ETF?
As of the end of day on the 2024-03-28, the price of an iShares MSCI All Country Asia ex Japan Index Fund (AAXJ) share was $67.75.

What is the 52-week high and low for iShares MSCI All Country Asia ex Japan Index Fund ETF?
The 52-week high for iShares MSCI All Country Asia ex Japan Index Fund ETF is $70.63 and the 52-week low is $60.92.

What is the market capitalization of iShares MSCI All Country Asia ex Japan Index Fund ETF?
As of the 2024-03-28, the market capitalization of iShares MSCI All Country Asia ex Japan Index Fund is 2.414B.
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About iShares MSCI All Country Asia ex Japan Index Fund

The investment seeks to track the investment results of the MSCI AC Asia ex Japan Index composed of Asian equities, excluding Japan. The fund will invest at least 90% of its assets in the component securities of the underlying index and in investments that have economic characteristics that are substantially identical to the component securities of the underlying index. The index is a free float-adjusted market capitalization index designed to m... AAXJ Profile

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