ISHARES MSCI GERMANY ETF (EWG) Technical Analysis
NYSEARCA:EWG • US4642868065
Current stock price
42.36 USD
+0.17 (+0.4%)
At close:
42.0052 USD
-0.35 (-0.84%)
After Hours:
EWG Technical Rating and Analysis
Taking everything into account, EWG scores 5 out of 10 in our technical rating. EWG has been a medium performer in the overall market. Some doubts are observed in the medium time frame, but recent action was very positive.
- The short term trend is positive, while the long term trend is neutral. So this is evolving in the right direction.
- EWG is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so EWG is lagging the market slightly.
- In the last month EWG has a been trading in the 37.98 - 42.43 range, which is quite wide. It is currently trading near the high of this range.
- EWG has an average volume of 2493670 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- When compared to the yearly performance of all other stocks, EWG outperforms 47% of them, which is more or less in line with the market.
- Considerably lower volume is observed in the last couple of days.
EWG Weekly and Daily overview Charts
EWG Setup Rating and Analysis
EWG has an average technical rating and it also 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
EWG Support and Resistance Analysis
37.69
45.02
2 important support areas can be observed.
- A support zone ranging from 41.19 to 41.72. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 38.07 to 38.37. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 2 important resistance areas.
- Resistance @42.66 from a horizontal line in the daily time frame.
- A resistance zone ranging from 44.30 to 44.57. This zone is formed by a combination of multiple trend lines in multiple time frames.
EWG 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.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | NEUTRAL | NEUTRAL | The long term trend for EWG is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for EWG is up. |
| ChartMill Relative Strength | 47.34 | NEUTRAL | EWG is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of EWG is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of EWG is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of EWG is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 61.66 | NEUTRAL | The RSI value for EWG is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.44 | POSITIVE | The MACD value suggests EWG has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 96.33 | OVERBOUGHT | The high Stochastics value suggests EWG may be overbought. |
| Average True Range in percent/ATR (20) | 2.18 | MEDIUM VOLATILITY | The ATR as a percentage value for EWG suggests some volalility. |
| Average Directional Index/ADX (14) | 22.89 | NEUTRAL | The ADX value for EWG suggests a possible start of a new trend. |
EWG 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)
EWG Technicals: Chart, Performance Metrics, Trend & Indicators
42.36
+0.17 (+0.4%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg0.4%
1 Week1.49%
2 Weeks6.78%
1 Month3.98%
3 Month-2.26%
6 Month2.37%
12 Month13.26%
2 Year39.07%
3 Year44.03%
5 Year22.36%
10 Year61.49%
15 Year47.19%
Volatility
ATR(14)0.81
ATR(20)%2.18%
ATR Inc-59.67%
Range Today0.19
ADR(20)0.69
ADR(20)%1.62%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS47.34
3 months CRS37.32
6 months CRS54.47
Mansfield-0.58
10 Day High42.43
10 Day Low39.09
20 Day High42.43
20 Day Low37.98
52 Week High44.65
52 Week Low36.72
CS1 End41.72
CR1 Start42.66
Volume & EV
DER(3)5.34%
DER(5)4.13%
Volume775.50K
Volume Incr-59.42%
Vol(5)1.43M
Vol(50)2.49M
ISHARES MSCI GERMANY ETF / EWG TA FAQ
Can you provide the ChartMill technical rating for ISHARES MSCI GERMANY ETF?
ChartMill assigns a technical rating of 5 / 10 to EWG.
Can you provide the trend direction for ISHARES MSCI GERMANY ETF?
The current trend direction for ISHARES MSCI GERMANY ETF (EWG) is Bearish.
What is the RSI signal for ISHARES MSCI GERMANY ETF (EWG) stock?
ISHARES MSCI GERMANY ETF (EWG) has an RSI value of 61.6586. This indicates that the stock is currently neutral.
What is the MACD signal for ISHARES MSCI GERMANY ETF (EWG) stock?
The MACD indicator for ISHARES MSCI GERMANY ETF (EWG) has a value of 0.442162, indicating a bearish trend.