Taking everything into account, EWC scores 10 out of 10 in our technical rating. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, EWC is showing a nice and steady performance.
Although EWC 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
39.79
We found 4 important support areas.
- A support zone ranging from 52.95 to 53.54. 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 51.52 to 51.88. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 49.71 to 50.09. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @40.19 from a trend line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 54.18 to 54.18. 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 | 84.8 | POSITIVE | EWC has a high relative strength, it outperformed 84.8% 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) | 65.14 | NEUTRAL | The RSI value for EWC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests EWC has a positive trend. |
| Stochastics (14,3) | 73.47 | NEUTRAL | The Stochastics value for EWC is a neutral value. |
| Average True Range in percent/ATR (20) | 1.15 | LOW VOLATILITY | The low ATR as a percentage value for EWC suggests low volalility. |
| Average Directional Index/ADX (14) | 24.61 | NEUTRAL | The ADX value for EWC suggests a possible start of a new trend. |
54.17
+0.49 (+0.91%)
ISHARES MSCI CANADA ETF / EWC FAQ
Can you provide the ChartMill technical rating for ISHARES MSCI CANADA ETF?
ChartMill assigns a technical rating of 10 / 10 to EWC.
What is the current trend direction of ISHARES MSCI CANADA ETF (EWC) stock?
The current trend direction for ISHARES MSCI CANADA ETF (EWC) is Bullish.
Can you provide the RSI signal for ISHARES MSCI CANADA ETF?
ISHARES MSCI CANADA ETF (EWC) has an RSI value of 65.1447. This indicates that the stock is currently neutral.
Can you provide the buy/sell signal for ISHARES MSCI CANADA ETF?
The buy/sell signal for ISHARES MSCI CANADA ETF (EWC) is buy as both the short term and long term trends are positive.
Can you provide the support and resistance levels for ISHARES MSCI CANADA ETF?
ISHARES MSCI CANADA ETF (EWC) has a support level at 53.54 and a resistance level at 54.18. Check the full technical report for our detailed analysis of EWC support and resistance levels.