We assign a technical rating of 9 out of 10 to EWL. Both in the recent history as in the last year, EWL has proven to be a steady performer, scoring decent points in every aspect analyzed.
Although EWL has an excellent technical rating, it does not present a decent entry opportunity 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
45.92
We found 5 important support areas.
- Support @57.78 from a horizontal line in the daily time frame.
- A support zone ranging from 56.08 to 56.86. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @54.67 from a horizontal line in the daily time frame.
- A support zone ranging from 52.42 to 52.42. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @46.38 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 57.83 to 58.07. 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 EWL is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for EWL is up. |
| ChartMill Relative Strength | 77.09 | POSITIVE | EWL has a high relative strength, it outperformed 77.09% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of EWL is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of EWL is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of EWL is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 60.27 | NEUTRAL | The RSI value for EWL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.09 | POSITIVE | The MACD value suggests EWL has a positive trend. |
| Stochastics (14,3) | 73.83 | NEUTRAL | The Stochastics value for EWL is a neutral value. |
| Average True Range in percent/ATR (20) | 1.01 | LOW VOLATILITY | The low ATR as a percentage value for EWL suggests low volalility. |
| Average Directional Index/ADX (14) | 15.82 | NEGATIVE | The low ADX value for EWL suggests a weak or negative trend. |
57.82
+0.27 (+0.47%)
ISHARES MSCI SWITZERLAND ETF / EWL FAQ
Can you provide the ChartMill technical rating for ISHARES MSCI SWITZERLAND ETF?
ChartMill assigns a technical rating of 9 / 10 to EWL.
Can you provide the trend direction for ISHARES MSCI SWITZERLAND ETF?
The current trend direction for ISHARES MSCI SWITZERLAND ETF (EWL) is Bullish.
What is the RSI signal for EWL stock?
ISHARES MSCI SWITZERLAND ETF (EWL) has an RSI value of 60.2749. This indicates that the stock is currently neutral.
Can you provide the short term momentum for ISHARES MSCI SWITZERLAND ETF?
The short term momentum for ISHARES MSCI SWITZERLAND ETF (EWL) is positive.
Can you provide the support and resistance levels for ISHARES MSCI SWITZERLAND ETF?
ISHARES MSCI SWITZERLAND ETF (EWL) has a support level at 57.78 and a resistance level at 57.83. Check the full technical report for our detailed analysis of EWL support and resistance levels.