ISHARES MSCI EAFE ETF (EFA) Technical Analysis
NYSEARCA:EFA • US4642874659
Current stock price
EFA Technical Rating and Analysis
We assign a technical rating of 7 out of 10 to EFA. Although EFA 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.
- EFA 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 EFA has a been trading in the 93.08 - 103.82 range, which is quite wide. It is currently trading near the high of this range.
- EFA has an average volume of 24564600 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- When comparing the performance of all stocks over the past year, EFA turns out to be only a medium performer in the overall market: it outperformed 66% of all stocks.
EFA Weekly and Daily overview Charts
EFA Setup Rating and Analysis
Although EFA has an excellent technical rating, the quality of the presented setup is not ideal 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
EFA Support and Resistance Analysis
76.23
We found 4 important support areas.
- A support zone ranging from 97.94 to 100.45. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 92.65 to 95.08. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @90.58 from a horizontal line in the daily time frame.
- Support @77.00 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 105.38 to 105.66. This zone is formed by a combination of multiple trend lines in multiple time frames.
EFA Technical Indicator Signal Analysis
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 EFA is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for EFA is up. |
| ChartMill Relative Strength | 66.91 | NEUTRAL | EFA is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of EFA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of EFA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of EFA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 65.01 | NEUTRAL | The RSI value for EFA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.98 | POSITIVE | The MACD value suggests EFA has a positive trend. |
| Stochastics (14,3) | 97.42 | OVERBOUGHT | The high Stochastics value suggests EFA may be overbought. |
| Average True Range in percent/ATR (20) | 1.89 | LOW VOLATILITY | The low ATR as a percentage value for EFA suggests low volalility. |
| Average Directional Index/ADX (14) | 23.49 | NEUTRAL | The ADX value for EFA suggests a possible start of a new trend. |
EFA Chart- and CandleStick Pattern Analysis
EFA Technicals: Chart, Performance Metrics, Trend & Indicators
103.64
+0.83 (+0.81%)
ISHARES MSCI EAFE ETF / EFA TA FAQ
What is the technical rating for EFA stock?
ChartMill assigns a technical rating of 7 / 10 to EFA.
What is the trend direction for EFA stock?
The current trend direction for ISHARES MSCI EAFE ETF (EFA) is Bullish.
Can you provide the RSI signal for ISHARES MSCI EAFE ETF?
ISHARES MSCI EAFE ETF (EFA) has an RSI value of 65.0141. This indicates that the stock is currently neutral.
What is the short term momentum for EFA stock?
The short term momentum for ISHARES MSCI EAFE ETF (EFA) is positive.
What are the support and resistance levels for ISHARES MSCI EAFE ETF (EFA) stock?
ISHARES MSCI EAFE ETF (EFA) has a support level at 100.45 and a resistance level at 105.38. Check the full technical report for our detailed analysis of EFA support and resistance levels.