Logo image of EWAS

iShares MSCI Australia Small-Cap (EWAS) Stock Technical Analysis

USA - NYSEARCA:EWAS -

15
+0.04 (+0.27%)
Last: 8/21/2015, 7:57:24 PM
Technical Rating and Analysis

0

Overall EWAS gets a technical rating of 0 out of 10. EWAS's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.

Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
When comparing the yearly performance of all stocks, EWAS is a bad performer in the overall market: 89% of all stocks are doing better.
EWAS is currently making a new 52 week low. This is a very bad signal. Certainly because the S&P500 Index is trading near new highs.
In the last month EWAS has a been trading in the 14.90 - 16.09 range, which is quite wide. It is currently trading near the lows of this range.
Warning: EWAS has an average volume of 1349 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
Considerably lower volume is observed in the last couple of days.
Weekly and Daily overview Charts
iShares MSCI Australia Small-Cap / EWAS Weekly stock chart
iShares MSCI Australia Small-Cap / EWAS Daily stock chart
Setup Rating and Analysis

3

The technical rating of EWAS is bad and it also does not present a 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.

Support and Resistance Analysis

14.80

17.46

When analyzing the support we notice one important area.

  • A support zone ranging from 14.95 to 14.99. This zone is formed by a combination of multiple trend lines in multiple time frames.

3 important resistance areas can be observed.

  • A resistance zone ranging from 15.28 to 15.62. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
  • A resistance zone ranging from 15.90 to 16.17. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Resistance @17.29 from a trend line in the weekly time frame.
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.

IndicatorValueSignalComment
ChartMill Long Term Trend IndicatorDOWNNEGATIVEThe long term trend for EWAS is down.
ChartMill Short Term Trend IndicatorDOWNNEGATIVEThe short term trend for EWAS is down.
ChartMill Relative Strength11.04NEGATIVEEWAS has a low relative strength, it was outperformed by 88.96% off all stocks on the market.
Simple Moving Average/SMA (20)DOWNNEGATIVEThe current price of EWAS is below a declining SMA(20).
Simple Moving Average/SMA (50)DOWNNEGATIVEThe current price of EWAS is below a declining SMA(50).
Simple Moving Average/SMA (200)DOWNNEGATIVEThe current price of EWAS is below a declining SMA(200).
Relative Strength Index/RSI (14)34.54NEUTRALThe RSI value for EWAS is a neutral value.
Moving Average Convergence Divergence/MACD (12, 26, 9)-0.01NEGATIVEThe MACD value suggests EWAS has a negative trend.
Stochastics (14,3)12.51OVERSOLDThe low Stochastics value suggests EWAS may be oversold.
Average True Range in percent/ATR (20)1.46LOW VOLATILITYThe low ATR as a percentage value for EWAS suggests low volalility.
Chart- and CandleStick Pattern Analysis
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)
iShares MSCI Australia Small-Cap / EWAS Daily stock chart

iShares MSCI Australia Small-Cap

NYSEARCA:EWAS (8/21/2015, 7:57:24 PM)

15

+0.04 (+0.27%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg0.27%
1 Week-1.51%
2 Weeks-4.82%
1 Month-6.02%
3 Month-17.72%
6 Month-16.25%
12 Month-32.31%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.21
ATR(20)%1.46%
ATR Inc-4.21%
Range Today0.1
ADR(20)N/A
ADR(20)%N/A
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS11.04
3 months CRSN/A
6 months CRSN/A
Mansfield-1.31
10 Day High15.96
10 Day Low14.9
20 Day High16.09
20 Day Low14.9
52 Week High22.28
52 Week Low14.9
CS1 End14.99
CR1 Start15.28
Volume & EV
DER(3)0%
DER(5)0%
Volume200
Volume Incr-69.8%
Vol(5)460
Vol(50)1.35K

iShares MSCI Australia Small-Cap / EWAS FAQ

What is the technical rating for EWAS stock?

ChartMill assigns a technical rating of 0 / 10 to EWAS.


What is the current trend direction of iShares MSCI Australia Small-Cap (EWAS) stock?

The current trend direction for iShares MSCI Australia Small-Cap (EWAS) is Bearish.


What is the RSI signal for EWAS stock?

iShares MSCI Australia Small-Cap (EWAS) has an RSI value of 34.544. This indicates that the stock is currently neutral.


Can you provide the short term momentum for iShares MSCI Australia Small-Cap?

The short term momentum for iShares MSCI Australia Small-Cap (EWAS) is negative.


Can you provide the buy/sell signal for iShares MSCI Australia Small-Cap?

The buy/sell signal for iShares MSCI Australia Small-Cap (EWAS) is sell as both the short term and long term trends are negative.