ISHARES MSCI EMERG MRKT ASIA (EEMA) Stock Technical Analysis
NASDAQ:EEMA - Nasdaq - US4642864262 - ETF - Currency: USD
Taking everything into account, EEMA scores 8 out of 10 in our technical rating. Although EEMA is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
Both the short term and long term trends are positive. This is a very positive sign.
EEMA is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so EEMA is performing more or less in line with the market.
In the last month EEMA has a been trading in the 76.44 - 81.85 range, which is quite wide. It is currently trading near the high of this range.
When comparing the performance of all stocks over the past year, EEMA turns out to be only a medium performer in the overall market: it outperformed 69% of all stocks.
Considerably lower volume is observed in the last couple of days.
Besides having an excellent technical rating, EEMA also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. A pullback is taking place, which may present a nice opportunity for an entry. Another positive sign is the recent Pocket Pivot signal.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
67.89
82.89
When analyzing the support we can see 3 important areas.
- A support zone ranging from 75.93 to 76.98. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 69.73 to 70.23. This zone is formed by a combination of multiple trend lines in the weekly time frame.
- Support @68.58 from a horizontal line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 80.58 to 82.07. This zone is formed by a combination of multiple trend lines and important moving averages 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 EEMA is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for EEMA is up. |
| ChartMill Relative Strength | 69.81 | NEUTRAL | EEMA is not amongst the best or worst performers 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) | 59.29 | NEUTRAL | The RSI value for EEMA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.07 | NEGATIVE | The MACD value suggests EEMA has a negative trend. |
| Stochastics (14,3) | 74.71 | NEUTRAL | The Stochastics value for EEMA is a neutral value. |
| Average True Range in percent/ATR (20) | 0.99 | LOW VOLATILITY | The low ATR as a percentage value for EEMA suggests low volalility. |
| Average Directional Index/ADX (14) | 26.88 | POSITIVE | The high ADX value value for EEMA 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)
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 |
|---|---|---|---|
| 80.59 | 79.21 | 1.38 (1.71%) | 25.00% |
| An entry @80.59. This is a Buy Stop order right above the 10 day moving average. | An exit @79.21. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 1.38 points, which is 1.71%. | For a 0.43% total portfolio risk, you can invest 25.00% of your capital in this trade. |
- 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 (6/18/2025, 8:00:01 PM)
80.2
+0.09 (+0.11%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg0.11%
1 Week-1.55%
2 Weeks1.66%
1 Month2.49%
3 Month5.67%
6 Month11.06%
12 Month10.09%
2 Year22.05%
3 Year17.77%
5 Year20.11%
10 Year33.16%
15 YearN/A
Volatility
ATR(14)0.88
ATR(20)%0.99%
ATR Inc-5.81%
Range Today0.47
ADR(20)0.56
ADR(20)%0.69%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS69.81
Mansfield0.33
10 Day High81.85
10 Day Low79.22
20 Day High81.85
20 Day Low76.44
52 Week High82.13
52 Week Low63.5
CS1 End76.98
CR1 Start80.58
Volume & EV
DER(3)-0.96%
DER(5)1.44%
Volume38.10K
Volume Incr-89.08%
Vol(5)63.16K
Vol(50)256.42K