ISHARES MSCI CHINA SMALL-CAP (ECNS) Stock Technical Analysis
NYSEARCA:ECNS - NYSE Arca - US46429B2007 - ETF - Currency: USD
We assign a technical rating of 10 out of 10 to ECNS. Both in the recent history as in the last year, ECNS has proven to be a steady performer, scoring decent points in every aspect analyzed.
The long and short term trends are both positive. This is looking good!
Looking at the yearly performance, ECNS did better than 90% of all other stocks. On top of that, ECNS also shows a nice and consistent pattern of rising prices.
ECNS is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
In the last month ECNS has a been trading in the 32.05 - 36.01 range, which is quite wide. It is currently trading near the high of this range.
Volume is considerably higher in the last couple of days.
Although ECNS has an excellent technical rating, it does not offer a high quality setup at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
22.44
36.15
We found 5 important support areas.
- A support zone ranging from 33.60 to 34.39. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 32.10 to 32.34. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @27.67 from a trend line in the weekly time frame.
- Support @23.59 from a horizontal line in the daily time frame.
- Support @22.67 from a trend line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 35.62 to 35.79. This zone is formed by a combination of multiple trend lines in multiple time frames.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | UP | POSITIVE | The long term trend for ECNS is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for ECNS is up. |
| ChartMill Relative Strength | 90.72 | POSITIVE | ECNS has a high relative strength, it outperformed 90.72% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of ECNS is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of ECNS is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of ECNS is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 67.89 | NEUTRAL | The RSI value for ECNS is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.11 | NEGATIVE | The MACD value suggests ECNS has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 53.26 | NEUTRAL | The Stochastics value for ECNS is a neutral value. |
| Average True Range in percent/ATR (20) | 1.42 | LOW VOLATILITY | The low ATR as a percentage value for ECNS suggests low volalility. |
| Average Directional Index/ADX (14) | 44.67 | POSITIVE | The high ADX value value for ECNS suggests a strong trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
35.61
+0.75 (+2.15%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg2.15%
1 Week-0.48%
2 Weeks2.03%
1 Month11.14%
3 Month29.16%
6 Month36.02%
12 Month57.74%
2 Year26.41%
3 Year3.29%
5 Year-21.15%
10 Year-10.97%
15 YearN/A
Volatility
ATR(14)0.57
ATR(20)%1.42%
ATR Inc58.9%
Range Today0.16
ADR(20)0.3
ADR(20)%0.84%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS90.72
Mansfield2.08
10 Day High36.01
10 Day Low34
20 Day High36.01
20 Day Low32.05
52 Week High36.01
52 Week Low21.52
CS1 End34.39
CR1 Start35.62
Volume & EV
DER(3)4.08%
DER(5)1.97%
Volume41.50K
Volume Incr218.66%
Vol(5)194.48K
Vol(50)50.77K