ISHARES MSCI EMERG MRKT ASIA (EEMA) Stock Technical Analysis
NASDAQ:EEMA - Nasdaq - US4642864262 - ETF - Currency: USD
Overall EEMA gets a technical rating of 10 out of 10. Both in the recent history as in the last year, EEMA has proven to be a steady performer, scoring decent points in every aspect analyzed.
EEMA has an excellent technical rating and also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. A pullback is taking place, which may present a nice opportunity for an entry. There is a resistance zone just above the current price starting at 78.59. Right above this resistance zone may be a good entry point. We notice that large players showed an interest for EEMA in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
67.89
We found 2 important support areas.
- A support zone ranging from 77.98 to 78.16. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 68.58 to 70.23. This zone is formed by a combination of multiple trend lines in the weekly time frame.
When analyzing the resistance we notice one important area.
- Resistance @78.59 from a horizontal line in the daily time frame.
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 EEMA is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for EEMA is up. |
| ChartMill Relative Strength | 73.66 | POSITIVE | EEMA has a high relative strength, it outperformed 73.66% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of EEMA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of EEMA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of EEMA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 64.89 | NEUTRAL | The RSI value for EEMA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.06 | POSITIVE | The MACD value suggests EEMA has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 80.29 | OVERBOUGHT | The high Stochastics value suggests EEMA may be overbought. |
| Average True Range in percent/ATR (20) | 1.13 | LOW VOLATILITY | The low ATR as a percentage value for EEMA suggests low volalility. |
| Average Directional Index/ADX (14) | 21.95 | NEUTRAL | The ADX value for EEMA suggests a possible start of a new trend. |
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 78.60 | 77.97 | 0.63 (0.80%) | 25.00% |
| An entry @78.60. This is a Buy Stop order right above the resistance zone. | An exit @77.97. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 0.63 points, which is 0.80%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.20%. |
- The distance between exit and entry is rather small compared to the average daily movement of EEMA. Please evaluate whether better entry and exit points can be found.
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
NASDAQ:EEMA (5/23/2025, 9:29:24 PM)
78.2
+0.22 (+0.28%)