ISHARES MSCI HONG KONG ETF (EWH) Stock Technical Analysis
USA - NYSEARCA:EWH - US4642868719 - ETF
20.66 USD
-0.9 (-4.17%)
20.49 USD
-0.17 (-0.82%)
We assign a technical rating of 4 out of 10 to EWH. In the last year, EWH was a medium performer in the overall market. The medium term is still looking fine, but we see some doubts in the very recent evolution.
In the last month EWH has a been trading in the 20.60 - 22.05 range, which is quite wide. It is currently trading near the lows of this range.
The long term trend is positive and the short term trend is neutral. The long term trend gets the benefit of the doubt for now.
EWH 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 EWH is lagging the market slightly.
EWH has an average volume of 3371470 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
When comparing the performance of all stocks over the past year, EWH turns out to be only a medium performer in the overall market: it outperformed 64% of all stocks.
Volume is considerably higher in the last couple of days.
EWH has an average technical rating and it also does not offer a high quality setup at the moment. Prices have been extended to the downside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
16.45
22.26
2 important support areas can be observed.
- A support zone ranging from 20.65 to 20.65. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @16.62 from a trend line in the weekly time frame.
2 important resistance areas can be observed.
- A resistance zone ranging from 21.31 to 21.56. 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 21.92 to 22.04. 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 EWH is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for EWH is neutral. |
| ChartMill Relative Strength | 64.37 | NEUTRAL | EWH is not amongst the best or worst performers 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) | DOWN | NEGATIVE | The current price of EWH is below a declining 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) | 34.42 | NEUTRAL | The RSI value for EWH is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.06 | NEGATIVE | The MACD value suggests EWH has a negative trend. |
| Stochastics (14,3) | 48.57 | NEUTRAL | The Stochastics value for EWH is a neutral value. |
| Average True Range in percent/ATR (20) | 1.13 | LOW VOLATILITY | The low ATR as a percentage value for EWH suggests low volalility. |
| Average Directional Index/ADX (14) | 16.64 | NEGATIVE | The low ADX value for EWH suggests a weak or negative 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)
20.66
-0.9 (-4.17%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-4.17%
1 Week-4.17%
2 Weeks-2.13%
1 Month-5.75%
3 Month2.84%
6 Month29.37%
12 Month9.66%
2 Year23.12%
3 Year28.32%
5 Year-3.91%
10 Year0.73%
15 Year10.3%
Volatility
ATR(14)0.24
ATR(20)%1.13%
ATR Inc303.57%
Range Today1.03
ADR(20)0.18
ADR(20)%0.87%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS64.37
Mansfield0.25
10 Day High21.81
10 Day Low20.6
20 Day High22.05
20 Day Low20.6
52 Week High22.05
52 Week Low15.04
CS1 End20.65
CR1 Start21.31
Volume & EV
DER(3)-2.18%
DER(5)-1.01%
Volume11.11M
Volume Incr54.8%
Vol(5)4.70M
Vol(50)3.37M