ISHARES MSCI AUSTRIA ETF (EWO) Stock Technical Analysis
NYSEARCA:EWO - NYSE Arca - US4642862027 - ETF - Currency: USD
Taking everything into account, EWO scores 10 out of 10 in our technical rating. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, EWO is showing a nice and steady performance.
The long and short term trends are both positive. This is looking good!
When comparing the yearly performance of all stocks, we notice that EWO is one of the better performing stocks in the market, outperforming 87% of all stocks. We also observe that the gains produced by EWO over the past year are nicely spread over this period.
EWO is currently trading near its 52 week high, which is a good sign. The S&P500 Index is trading in the upper part of its 52 week range, but not near new highs, so EWO is leading the market.
In the last month EWO has a been trading in a tight range between 28.20 and 29.75.
Considerably lower volume is observed in the last couple of days.
EWO has an excellent technical rating, but the quality of the setup is only medium 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
20.45
29.96
6 important support areas can be observed.
- A support zone ranging from 29.04 to 29.18. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @23.98 from a trend line in the weekly time frame.
- Support @23.47 from a trend line in the daily time frame.
- Support @22.23 from a horizontal line in the daily time frame.
- A support zone ranging from 21.35 to 21.48. This zone is formed by a combination of multiple trend lines in the weekly time frame.
- Support @20.66 from a horizontal line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 29.34 to 29.66. 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 EWO is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for EWO is up. |
| ChartMill Relative Strength | 87.87 | POSITIVE | EWO has a high relative strength, it outperformed 87.87% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of EWO is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of EWO is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of EWO is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 60.34 | NEUTRAL | The RSI value for EWO is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.09 | NEGATIVE | The MACD value suggests EWO has a negative trend. |
| Stochastics (14,3) | 72.51 | NEUTRAL | The Stochastics value for EWO is a neutral value. |
| Average True Range in percent/ATR (20) | 1.35 | LOW VOLATILITY | The low ATR as a percentage value for EWO suggests low volalility. |
| Average Directional Index/ADX (14) | 38.45 | POSITIVE | The high ADX value value for EWO suggests a strong 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)
29.19
-0.47 (-1.58%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-1.58%
1 Week-0.88%
2 Weeks0.59%
1 Month3.4%
3 Month10.74%
6 Month33.42%
12 Month36.72%
2 Year43.79%
3 Year61.63%
5 Year95.38%
10 Year83.93%
15 Year91.16%
Volatility
ATR(14)0.38
ATR(20)%1.35%
ATR Inc35.38%
Range Today0.32
ADR(20)0.32
ADR(20)%1.1%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS87.87
Mansfield1.92
10 Day High29.75
10 Day Low28.85
20 Day High29.75
20 Day Low28.2
52 Week High29.75
52 Week Low20.43
CS1 End29.18
CR1 Start29.34
Volume & EV
DER(3)-1.22%
DER(5)-0.38%
Volume57.60K
Volume Incr-42.27%
Vol(5)54.76K
Vol(50)93.31K