ISHARES MSCI CANADA ETF (EWC) Stock Technical Analysis
NYSEARCA:EWC - US4642865095 - ETF
49.12 USD
+0.25 (+0.51%)
49.12 USD
0 (0%)
Taking everything into account, EWC scores 10 out of 10 in our technical rating. Both in the recent history as in the last year, EWC 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 EWC is one of the better performing stocks in the market, outperforming 75% of all stocks. On top of that, EWC also shows a nice and consistent pattern of rising prices.
EWC is currently making a new 52 week high. This is a strong signal. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
EWC has an average volume of 2409940 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
In the last month EWC has a been trading in a tight range between 46.91 and 49.12.
Although EWC 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.
More info and screens
40.04
49.62
4 important support areas can be observed.
- A support zone ranging from 47.81 to 48.39. 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 45.85 to 45.85. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @45.10 from a horizontal line in the daily time frame.
- Support @40.44 from a trend line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 49.13 to 49.13. 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 EWC is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for EWC is up. |
| ChartMill Relative Strength | 75.03 | POSITIVE | EWC has a high relative strength, it outperformed 75.03% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of EWC is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of EWC is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of EWC is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 69.51 | NEUTRAL | The RSI value for EWC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.12 | POSITIVE | The MACD value suggests EWC has a positive trend. |
| Stochastics (14,3) | 94.85 | OVERBOUGHT | The high Stochastics value suggests EWC may be overbought. |
| Average True Range in percent/ATR (20) | 0.81 | LOW VOLATILITY | The low ATR as a percentage value for EWC suggests low volalility. |
| Average Directional Index/ADX (14) | 31.49 | POSITIVE | The high ADX value value for EWC suggests a strong 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)
49.12
+0.25 (+0.51%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg0.51%
1 Week1.55%
2 Weeks4.27%
1 Month2.91%
3 Month8.22%
6 Month21.37%
12 Month24.96%
2 Year46.8%
3 Year59.69%
5 Year79.2%
10 Year113.57%
15 Year75.24%
Volatility
ATR(14)0.41
ATR(20)%0.81%
ATR Inc-13.78%
Range Today0.38
ADR(20)0.38
ADR(20)%0.77%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS75.03
Mansfield0.43
10 Day High49.12
10 Day Low46.91
20 Day High49.12
20 Day Low46.91
52 Week High49.12
52 Week Low36.7
CS1 End48.39
CR1 Start49.13
Volume & EV
DER(3)-0.93%
DER(5)-1.34%
Volume1.52M
Volume Incr5.75%
Vol(5)2.58M
Vol(50)2.41M