ISHARES MSCI EUROPE FINANCIA (EUFN) Stock Technical Analysis
NASDAQ:EUFN - Nasdaq - US4642891802 - ETF - Currency: USD
Overall EUFN gets a technical rating of 10 out of 10. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, EUFN is showing a nice and steady performance.
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 EUFN is one of the better performing stocks in the market, outperforming 83% of all stocks. We also observe that the gains produced by EUFN over the past year are nicely spread over this period.
EUFN 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 EUFN has a been trading in the 30.05 - 32.34 range, which is quite wide. It is currently trading near the high of this range.
EUFN has an average volume of 1422240 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Although EUFN has an excellent technical rating, the quality of the presented setup is not ideal 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
24.44
32.60
When analyzing the support we can see 6 important areas.
- A support zone ranging from 31.13 to 31.71. 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 30.42 to 30.57. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @27.79 from a trend line in the weekly time frame.
- Support @26.15 from a trend line in the daily time frame.
- Support @25.52 from a trend line in the weekly time frame.
- A support zone ranging from 24.69 to 24.83. This zone is formed by a combination of multiple trend lines in the daily time frame.
We found 1 important resistance area.
- A resistance zone ranging from 32.28 to 32.28. 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 EUFN is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for EUFN is up. |
| ChartMill Relative Strength | 83.12 | POSITIVE | EUFN has a high relative strength, it outperformed 83.12% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of EUFN is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of EUFN is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of EUFN is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 58.22 | NEUTRAL | The RSI value for EUFN is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.02 | POSITIVE | The MACD value suggests EUFN has a positive trend. |
| Stochastics (14,3) | 81.03 | OVERBOUGHT | The high Stochastics value suggests EUFN may be overbought. |
| Average True Range in percent/ATR (20) | 1.19 | LOW VOLATILITY | The low ATR as a percentage value for EUFN suggests low volalility. |
| Average Directional Index/ADX (14) | 16.84 | NEGATIVE | The low ADX value for EUFN 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)
31.77
+0.21 (+0.67%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg0.67%
1 Week1.63%
2 Weeks3.96%
1 Month-0.28%
3 Month24.05%
6 Month36.47%
12 Month38.43%
2 Year58.22%
3 Year99.94%
5 Year120.32%
10 Year34.9%
15 Year43.76%
Volatility
ATR(14)0.41
ATR(20)%1.19%
ATR Inc-30.49%
Range Today0.18
ADR(20)0.28
ADR(20)%0.88%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS83.12
Mansfield1.18
10 Day High31.81
10 Day Low30.05
20 Day High32.35
20 Day Low30.05
52 Week High32.35
52 Week Low21.04
CS1 End31.47
CR1 Start32.27
Volume & EV
DER(3)-1.42%
DER(5)2.84%
Volume1.04M
Volume Incr20.25%
Vol(5)1.13M
Vol(50)1.42M