iShares MSCI Germany Small Cap ETF (EWGS) Technical Analysis
NYSEARCA:EWGS • US46429B4656
Current stock price
EWGS Technical Rating and Analysis
Taking everything into account, EWGS scores 1 out of 10 in our technical rating. EWGS has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
- The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
- EWGS is currently trading in the lower part of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so EWGS is lagging the market.
- In the last month EWGS has a been trading in the 51.47 - 55.19 range, which is quite wide. It is currently trading near the lows of this range.
- Warning: EWGS has an average volume of 1466 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
- When compared to the yearly performance of all other stocks, EWGS outperforms 51% of them, which is more or less in line with the market.
- Considerably lower volume is observed in the last couple of days.
EWGS Weekly and Daily overview Charts
EWGS Setup Rating and Analysis
The technical rating of EWGS 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.
More info and screens
EWGS Support and Resistance Analysis
51.35
When analyzing the support we notice one important area.
- A support zone ranging from 51.87 to 52.19. 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 52.83 to 53.56. 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 55.20 to 56.06. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 59.83 to 64.48. This zone is formed by a combination of multiple trend lines in multiple time frames.
EWGS 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 | DOWN | NEGATIVE | The long term trend for EWGS is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for EWGS is down. |
| ChartMill Relative Strength | 51.85 | NEUTRAL | EWGS is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of EWGS is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of EWGS is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of EWGS is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 36.64 | NEUTRAL | The RSI value for EWGS is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests EWGS has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 21.48 | NEUTRAL | The Stochastics value for EWGS is a neutral value. |
| Average True Range in percent/ATR (20) | 1.15 | LOW VOLATILITY | The low ATR as a percentage value for EWGS suggests low volalility. |
| Average Directional Index/ADX (14) | 29.63 | POSITIVE | The high ADX value value for EWGS suggests a strong trend. |
EWGS Chart- and CandleStick Pattern Analysis
EWGS Technicals: Chart, Performance Metrics, Trend & Indicators
iShares MSCI Germany Small Cap ETF
NYSEARCA:EWGS (10/30/2023, 8:04:00 PM)
52.355
+0.16 (+0.32%)
iShares MSCI Germany Small Cap ETF / EWGS TA FAQ
What is the technical rating for EWGS stock?
ChartMill assigns a technical rating of 1 / 10 to EWGS.
What is the current trend direction of iShares MSCI Germany Small Cap ETF (EWGS) stock?
The current trend direction for iShares MSCI Germany Small Cap ETF (EWGS) is Bearish.
What is the RSI signal for EWGS stock?
iShares MSCI Germany Small Cap ETF (EWGS) has an RSI value of 36.6421. This indicates that the stock is currently neutral.
What is the short term momentum for iShares MSCI Germany Small Cap ETF (EWGS) stock?
The short term momentum for iShares MSCI Germany Small Cap ETF (EWGS) is negative.
What is the buy/sell signal for EWGS stock?
The buy/sell signal for iShares MSCI Germany Small Cap ETF (EWGS) is sell as both the short term and long term trends are negative.