ISHARES MSCI INDONESIA ETF (EIDO) Technical Analysis
NYSEARCA:EIDO • US46429B3096
Current stock price
EIDO Technical Rating and Analysis
We assign a technical rating of 2 out of 10 to EIDO. In the past year, EIDO 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.
- 80% of all other stocks performed better in the past year than EIDO.
- EIDO is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
- In the last month EIDO has a been trading in the 15.09 - 16.50 range, which is quite wide. It is currently trading near the high of this range.
- The short term trend is positive, while the long term trend is still negative. So this is evolving in the right direction, but it may need some more time to really turn around the trend.
- Considerably lower volume is observed in the last couple of days.
EIDO Weekly and Daily overview Charts
EIDO Setup Rating and Analysis
EIDO has a poor technical rating and the quality of the setup is also only medium 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
EIDO Support and Resistance Analysis
14.94
We found 1 important support area.
- A support zone ranging from 15.09 to 15.12. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 5 important resistance areas.
- A resistance zone ranging from 16.28 to 16.63. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @17.31 from a horizontal line in the daily time frame.
- A resistance zone ranging from 18.31 to 18.38. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Strong resistance @18.83 from a horizontal line in the daily time frame.
- Resistance @19.16 from a horizontal line in the weekly time frame.
EIDO 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 | DOWN | NEGATIVE | The long term trend for EIDO is down. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for EIDO is up. |
| ChartMill Relative Strength | 20.85 | NEGATIVE | EIDO has a low relative strength, it was outperformed by 79.15% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of EIDO is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of EIDO is below a declining 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) | 53.92 | NEUTRAL | The RSI value for EIDO is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.17 | POSITIVE | The MACD value suggests EIDO has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 92.99 | OVERBOUGHT | The high Stochastics value suggests EIDO may be overbought. |
| Average True Range in percent/ATR (20) | 1.97 | LOW VOLATILITY | The low ATR as a percentage value for EIDO suggests low volalility. |
| Average Directional Index/ADX (14) | 21.81 | NEUTRAL | The ADX value for EIDO suggests a possible start of a new trend. |
EIDO Chart- and CandleStick Pattern Analysis
EIDO Technicals: Chart, Performance Metrics, Trend & Indicators
16.27
-0.16 (-0.97%)
ISHARES MSCI INDONESIA ETF / EIDO TA FAQ
What is the ChartMill technical rating of ISHARES MSCI INDONESIA ETF (EIDO) stock?
ChartMill assigns a technical rating of 2 / 10 to EIDO.
What is the trend direction for EIDO stock?
The current trend direction for ISHARES MSCI INDONESIA ETF (EIDO) is Bearish.
Can you provide the RSI signal for ISHARES MSCI INDONESIA ETF?
ISHARES MSCI INDONESIA ETF (EIDO) has an RSI value of 53.9195. This indicates that the stock is currently neutral.
What is the short term momentum for EIDO stock?
The short term momentum for ISHARES MSCI INDONESIA ETF (EIDO) is positive.
Can you provide the support and resistance levels for ISHARES MSCI INDONESIA ETF?
ISHARES MSCI INDONESIA ETF (EIDO) has a support level at 15.12 and a resistance level at 16.28. Check the full technical report for our detailed analysis of EIDO support and resistance levels.