We assign a technical rating of 10 out of 10 to EEM. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, EEM is showing a nice and steady performance.
- The long and short term trends are both positive. This is looking good!
- Looking at the yearly performance, EEM did better than 82% of all other stocks. On top of that, EEM also shows a nice and consistent pattern of rising prices.
- EEM 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.
- EEM has an average volume of 33190100 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- In the last month EEM has a been trading in the 56.71 - 60.95 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
- Volume is considerably higher in the last couple of days.
Although EEM has an excellent technical rating, it does not present a decent entry opportunity at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
39.31
When analyzing the support we can see 4 important areas.
- Support @54.33 from a trend line in the daily time frame.
- A support zone ranging from 52.59 to 53.09. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @41.60 from a horizontal line in the weekly time frame.
- Support @39.71 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 60.08 to 60.76. 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 EEM is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for EEM is up. |
| ChartMill Relative Strength | 82.71 | POSITIVE | EEM has a high relative strength, it outperformed 82.71% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of EEM is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of EEM is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of EEM is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 63.14 | NEUTRAL | The RSI value for EEM is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.12 | NEGATIVE | The MACD value suggests EEM has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 51.1 | NEUTRAL | The Stochastics value for EEM is a neutral value. |
| Average True Range in percent/ATR (20) | 1.44 | LOW VOLATILITY | The low ATR as a percentage value for EEM suggests low volalility. |
| Average Directional Index/ADX (14) | 31.07 | POSITIVE | The high ADX value value for EEM suggests a strong trend. |
60.07
+1.54 (+2.63%)
ISHARES MSCI EMERGING MARKET / EEM FAQ
Can you provide the ChartMill technical rating for ISHARES MSCI EMERGING MARKET?
ChartMill assigns a technical rating of 10 / 10 to EEM.
Can you provide the trend direction for ISHARES MSCI EMERGING MARKET?
The current trend direction for ISHARES MSCI EMERGING MARKET (EEM) is Bullish.
What is the RSI signal for EEM stock?
ISHARES MSCI EMERGING MARKET (EEM) has an RSI value of 63.1413. This indicates that the stock is currently neutral.
Can you provide the MACD signal for ISHARES MSCI EMERGING MARKET?
The MACD indicator for ISHARES MSCI EMERGING MARKET (EEM) has a value of -0.117833, indicating a bearish trend.
What is the buy/sell signal for EEM stock?
The buy/sell signal for ISHARES MSCI EMERGING MARKET (EEM) is buy as both the short term and long term trends are positive.