Taking everything into account, EUFN scores 7 out of 10 in our technical rating. In the last year, EUFN was one of the better performers, but we do observe some doubts in the very recent evolution.
Although EUFN has an excellent technical rating, it does not offer a high 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.
24.83
3 important support areas can be observed.
We can see 2 important resistance areas.
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 | DOWN | NEGATIVE | The short term trend for EUFN is down. |
| ChartMill Relative Strength | 87.06 | POSITIVE | EUFN has a high relative strength, it outperformed 87.06% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of EUFN is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of EUFN is below a declining 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) | 45.43 | NEUTRAL | The RSI value for EUFN is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.14 | NEGATIVE | The MACD value suggests EUFN has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 9.71 | OVERSOLD | The low Stochastics value suggests EUFN may be oversold. |
| Average True Range in percent/ATR (20) | 1.34 | LOW VOLATILITY | The low ATR as a percentage value for EUFN suggests low volalility. |
| Average Directional Index/ADX (14) | 16.93 | NEGATIVE | The low ADX value for EUFN suggests a weak or negative trend. |
33.58
+0.61 (+1.85%)
ChartMill assigns a technical rating of 7 / 10 to EUFN.
The current trend direction for ISHARES MSCI EUROPE FINANCIA (EUFN) is Bullish.
ISHARES MSCI EUROPE FINANCIA (EUFN) has an RSI value of 45.4259. This indicates that the stock is currently neutral.
The MACD indicator for ISHARES MSCI EUROPE FINANCIA (EUFN) has a value of -0.142838, indicating a bearish trend.
The buy/sell signal for ISHARES MSCI EUROPE FINANCIA (EUFN) is hold as the short term and long term trends are mixed.