ISHARES MSCI INDONESIA ETF (EIDO) Stock Technical Analysis
USA - NYSEARCA:EIDO - US46429B3096 - ETF
17.31 USD
-0.34 (-1.93%)
17.31 USD
0 (0%)
Overall EIDO gets a technical rating of 1 out of 10. EIDO scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
When comparing the yearly performance of all stocks, EIDO is a bad performer in the overall market: 81% of all stocks are doing better.
EIDO is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so EIDO is lagging the market.
In the last month EIDO has a been trading in a tight range between 17.27 and 18.13.
Considerably lower volume is observed in the last couple of days.
The technical rating of EIDO is bad and it also does not present a quality setup 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
16.72
19.35
When analyzing the support we notice one important area.
- A support zone ranging from 16.89 to 17.06. This zone is formed by a combination of multiple trend lines in the daily time frame.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 17.40 to 17.99. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 18.99 to 19.16. 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 | DOWN | NEGATIVE | The long term trend for EIDO is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for EIDO is down. |
| ChartMill Relative Strength | 19.16 | NEGATIVE | EIDO has a low relative strength, it was outperformed by 80.84% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of EIDO is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of EIDO is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of EIDO is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 41.03 | NEUTRAL | The RSI value for EIDO is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests EIDO has a negative trend. |
| Stochastics (14,3) | 33.7 | NEUTRAL | The Stochastics value for EIDO is a neutral value. |
| Average True Range in percent/ATR (20) | 1.05 | LOW VOLATILITY | The low ATR as a percentage value for EIDO suggests low volalility. |
| Average Directional Index/ADX (14) | 11.7 | NEGATIVE | The low ADX value for EIDO suggests a weak or negative 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)
17.31
-0.34 (-1.93%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-1.93%
1 Week-0.69%
2 Weeks-1.65%
1 Month-2.92%
3 Month-3.13%
6 Month9.07%
12 Month-20.96%
2 Year-14.9%
3 Year-27.12%
5 Year-5.31%
10 Year-14.09%
15 Year-42.42%
Volatility
ATR(14)0.18
ATR(20)%1.05%
ATR Inc124.21%
Range Today0.37
ADR(20)0.11
ADR(20)%0.65%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS19.16
Mansfield-1.26
10 Day High17.73
10 Day Low17.27
20 Day High18.13
20 Day Low17.27
52 Week High22.59
52 Week Low14.21
CS1 End17.06
CR1 Start17.4
Volume & EV
DER(3)-5.82%
DER(5)-7.67%
Volume528.10K
Volume Incr-47.45%
Vol(5)379.50K
Vol(50)774.82K