ISHARE EM EQ ENH ACTIV ETF (EMEE.AS) Stock Technical Analysis
AMS:EMEE - Euronext Amsterdam - IE000OVF8Q66 - ETF - Currency: USD
We assign a technical rating of 7 out of 10 to EMEE. This is due to a decent performance in both the short and longer term time frames. Compared to the overall market however, EMEE is a bad performer.
Besides having an excellent technical rating, EMEE also presents a decent setup pattern. Prices have been consolidating lately. A pullback is taking place, which may present a nice opportunity for an entry. There is a support zone below the current price at 5.52, a Stop Loss order could be placed below this zone. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- 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
4.85
We found 2 important support areas.
- A support zone ranging from 5.51 to 5.52. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 4.90 to 4.91. This zone is formed by a combination of multiple trend lines in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 5.57 to 5.64. 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 EMEE.AS is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for EMEE.AS is up. |
| ChartMill Relative Strength | 0 | NEGATIVE | EMEE.AS has a low relative strength, it was outperformed by 100% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of EMEE.AS is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of EMEE.AS is above the rising SMA(50). |
| Relative Strength Index/RSI (14) | 56.02 | NEUTRAL | The RSI value for EMEE.AS is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests EMEE.AS has a negative trend. |
| Stochastics (14,3) | 53.64 | NEUTRAL | The Stochastics value for EMEE.AS is a neutral value. |
| Average True Range in percent/ATR (20) | 0.93 | LOW VOLATILITY | The low ATR as a percentage value for EMEE.AS suggests low volalility. |
| Average Directional Index/ADX (14) | 15.85 | NEGATIVE | The low ADX value for EMEE.AS suggests a weak or negative trend. |
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 |
|---|---|---|---|
| 5.58 | 5.50 | 0.08 (1.52%) | 25.00% |
| An entry @5.58. This is a Buy Stop order right above the 10 day moving average. | An exit @5.50. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 0.08 points, which is 1.52%. | For a 0.38% 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.
AMS:EMEE (6/2/2025, 7:00:00 PM)
5.5285
+0.01 (+0.24%)