Overall EDEN gets a technical rating of 5 out of 10. EDEN has been an average performer in the overall market. We also notice some doubts in the very recent evolution, but in the medium term things are still fine.
EDEN has an average technical rating and it also does not offer a high quality setup at the moment. Prices have been extended to the downside lately. For a nice entry it is better to wait for a consolidation.
102.97
We found 2 important support areas.
We can see 3 important resistance areas.
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 EDEN is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for EDEN is neutral. |
| ChartMill Relative Strength | 52.01 | NEUTRAL | EDEN is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of EDEN is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of EDEN is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of EDEN is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 50.75 | NEUTRAL | The RSI value for EDEN is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests EDEN has a negative trend. |
| Stochastics (14,3) | 25.77 | NEUTRAL | The Stochastics value for EDEN is a neutral value. |
| Average True Range in percent/ATR (20) | 1.32 | LOW VOLATILITY | The low ATR as a percentage value for EDEN suggests low volalility. |
| Average Directional Index/ADX (14) | 14.61 | NEGATIVE | The low ADX value for EDEN suggests a weak or negative trend. |
111.681
+0.48 (+0.43%)
ChartMill assigns a technical rating of 5 / 10 to EDEN.
The current trend direction for ISHARES MSCI DENMARK ETF (EDEN) is Bullish.
ISHARES MSCI DENMARK ETF (EDEN) has an RSI value of 50.7475. This indicates that the stock is currently neutral.
The MACD indicator for ISHARES MSCI DENMARK ETF (EDEN) has a value of -0.0116276, indicating a bearish trend.