PROSHARES SHORT MSCI EAFE (EFZ) Technical Analysis
NYSEARCA:EFZ • US74347R3701
Current stock price
EFZ Technical Rating and Analysis
We assign a technical rating of 4 out of 10 to EFZ. In the past year, EFZ was a below average performing stock in the market. The medium term picture is also negative, but we see some improvement happening in recent action.
- When comparing the yearly performance of all stocks, EFZ is a bad performer in the overall market: 83% of all stocks are doing better.
- EFZ is currently trading in the lower part of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so EFZ is lagging the market.
- Both the short term and long term trends are neutral. So this is not the most entertaining stock around.
- In the last month EFZ has a been trading in the 12.13 - 13.15 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.
EFZ Weekly and Daily overview Charts
EFZ Setup Rating and Analysis
Although the technical rating is only medium, EFZ does present a nice setup opportunity. Prices have been consolidating lately. A pullback is taking place, which may present a nice opportunity for an entry.
More info and screens
EFZ Support and Resistance Analysis
11.41
When analyzing the support we notice one important area.
- A support zone ranging from 11.53 to 11.59. This zone is formed by a combination of multiple trend lines in multiple time frames.
3 important resistance areas can be observed.
- A resistance zone ranging from 12.52 to 13.11. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 13.35 to 13.48. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Resistance @16.68 from a horizontal line in the weekly time frame.
EFZ 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 | NEUTRAL | NEUTRAL | The long term trend for EFZ is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for EFZ is neutral. |
| ChartMill Relative Strength | 17.84 | NEGATIVE | EFZ has a low relative strength, it was outperformed by 82.16% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of EFZ is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of EFZ is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of EFZ is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 48.79 | NEUTRAL | The RSI value for EFZ is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.05 | NEGATIVE | The MACD value suggests EFZ has a negative trend. |
| Stochastics (14,3) | 30.56 | NEUTRAL | The Stochastics value for EFZ is a neutral value. |
| Average True Range in percent/ATR (20) | 2.54 | MEDIUM VOLATILITY | The ATR as a percentage value for EFZ suggests some volalility. |
| Average Directional Index/ADX (14) | 31.6 | POSITIVE | The high ADX value value for EFZ suggests a strong trend. |
EFZ Chart- and CandleStick Pattern Analysis
EFZ Technicals: Chart, Performance Metrics, Trend & Indicators
12.46
+0.06 (+0.48%)
PROSHARES SHORT MSCI EAFE / EFZ TA FAQ
What is the ChartMill technical rating of PROSHARES SHORT MSCI EAFE (EFZ) stock?
ChartMill assigns a technical rating of 4 / 10 to EFZ.
Can you provide the trend direction for PROSHARES SHORT MSCI EAFE?
The current trend direction for PROSHARES SHORT MSCI EAFE (EFZ) is Bearish.
What is the RSI signal for PROSHARES SHORT MSCI EAFE (EFZ) stock?
PROSHARES SHORT MSCI EAFE (EFZ) has an RSI value of 48.7927. This indicates that the stock is currently neutral.
Can you provide the support and resistance levels for PROSHARES SHORT MSCI EAFE?
PROSHARES SHORT MSCI EAFE (EFZ) has a support level at 11.59 and a resistance level at 12.52. Check the full technical report for our detailed analysis of EFZ support and resistance levels.