Overall EUAD gets a technical rating of 10 out of 10. Both in the recent history as in the last year, EUAD has proven to be a steady performer, scoring decent points in every aspect analyzed.
- Both the short term and long term trends are positive. This is a very positive sign.
- When comparing the yearly performance of all stocks, we notice that EUAD is one of the better performing stocks in the market, outperforming 92% of all stocks. On top of that, EUAD also shows a nice and consistent pattern of rising prices.
- EUAD 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 EUAD has a been trading in the 40.52 - 48.43 range, which is quite wide. It is currently trading near the high of this range.
- Volume is considerably higher in the last couple of days.
Although EUAD has an excellent technical rating, it does not present a decent entry opportunity 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
38.79
We found 3 important support areas.
- A support zone ranging from 42.78 to 43.15. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 40.94 to 41.38. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Support @39.18 from a horizontal line in the daily time frame.
We found 1 important resistance area.
- A resistance zone ranging from 47.79 to 48.29. 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 | UP | POSITIVE | The long term trend for EUAD is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for EUAD is up. |
| ChartMill Relative Strength | 92.31 | POSITIVE | EUAD has a high relative strength, it outperformed 92.31% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of EUAD is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of EUAD is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of EUAD is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 74.33 | OVERBOUGHT | The high RSI value suggests EUAD may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.53 | POSITIVE | The MACD value suggests EUAD has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 94.11 | OVERBOUGHT | The high Stochastics value suggests EUAD may be overbought. |
| Average True Range in percent/ATR (20) | 1.56 | LOW VOLATILITY | The low ATR as a percentage value for EUAD suggests low volalility. |
| Average Directional Index/ADX (14) | 32.3 | POSITIVE | The high ADX value value for EUAD suggests a strong trend. |
47.63
-0.65 (-1.35%)
SELECT STOXX EUR AER DE ETF / EUAD FAQ
What is the technical rating for EUAD stock?
ChartMill assigns a technical rating of 10 / 10 to EUAD.
What is the current trend direction of SELECT STOXX EUR AER DE ETF (EUAD) stock?
The current trend direction for SELECT STOXX EUR AER DE ETF (EUAD) is Bullish.
What is the RSI signal for SELECT STOXX EUR AER DE ETF (EUAD) stock?
SELECT STOXX EUR AER DE ETF (EUAD) has an RSI value of 74.3319. This indicates that the stock is currently overbought.
What is the short term momentum for EUAD stock?
The short term momentum for SELECT STOXX EUR AER DE ETF (EUAD) is positive.
What is the support and resistance level for EUAD stock?
SELECT STOXX EUR AER DE ETF (EUAD) has a support level at 43.15 and a resistance level at 47.79. Check the full technical report for our detailed analysis of EUAD support and resistance levels.