Taking everything into account, EWH scores 6 out of 10 in our technical rating. In the last year, EWH was one of the better performers, but we do observe some doubts in the very recent evolution.
EWH 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.
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16.70
When analyzing the support we can see 4 important areas.
- A support zone ranging from 21.27 to 21.56. This zone is formed by a combination of multiple trend lines in the daily time frame.
- A support zone ranging from 20.66 to 20.66. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @20.33 from a horizontal line in the daily time frame.
- Support @16.87 from a trend line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 21.64 to 21.88. This zone is formed by a combination of multiple trend lines and important moving averages 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 EWH is up. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for EWH is down. |
| ChartMill Relative Strength | 79.69 | POSITIVE | EWH has a high relative strength, it outperformed 79.69% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of EWH is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of EWH is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of EWH is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 45.85 | NEUTRAL | The RSI value for EWH is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.08 | NEGATIVE | The MACD value suggests EWH has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 27.1 | NEUTRAL | The Stochastics value for EWH is a neutral value. |
| Average True Range in percent/ATR (20) | 1.23 | LOW VOLATILITY | The low ATR as a percentage value for EWH suggests low volalility. |
| Average Directional Index/ADX (14) | 13.12 | NEGATIVE | The low ADX value for EWH suggests a weak or negative trend. |
21.61
+0.17 (+0.79%)
ISHARES MSCI HONG KONG ETF / EWH FAQ
What is the technical rating for EWH stock?
ChartMill assigns a technical rating of 6 / 10 to EWH.
What is the trend direction for EWH stock?
The current trend direction for ISHARES MSCI HONG KONG ETF (EWH) is Bullish.
What is the RSI signal for ISHARES MSCI HONG KONG ETF (EWH) stock?
ISHARES MSCI HONG KONG ETF (EWH) has an RSI value of 45.8542. This indicates that the stock is currently neutral.
What is the buy/sell signal for EWH stock?
The buy/sell signal for ISHARES MSCI HONG KONG ETF (EWH) is hold as the short term and long term trends are mixed.
What are the support and resistance levels for ISHARES MSCI HONG KONG ETF (EWH) stock?
ISHARES MSCI HONG KONG ETF (EWH) has a support level at 21.56 and a resistance level at 21.64. Check the full technical report for our detailed analysis of EWH support and resistance levels.