ISHARES MSCI SINGAPORE ETF (EWS) Stock Technical Analysis
NYSEARCA:EWS • US46434G7806
Overall EWS gets a technical rating of 5 out of 10. EWS has been a medium performer in the overall market. Some doubts are observed in the medium time frame, but recent action was very positive.
- Both the short term and long term trends are positive. This is a very positive sign.
- EWS is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
- When compared to the yearly performance of all other stocks, EWS outperforms 69% of them, which is more or less in line with the market.
- In the last month EWS has a been trading in a tight range between 27.77 and 29.43.
Although the technical rating is only medium, EWS does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. A pullback is taking place, which may present a nice opportunity for an entry. There is a support zone below the current price at 28.72, a Stop Loss order could be placed below this zone.
More info and screens
25.40
When analyzing the support we can see 3 important areas.
- A support zone ranging from 28.09 to 28.72. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 26.47 to 27.48. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @25.66 from a trend line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 28.89 to 29.52. 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 EWS is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for EWS is up. |
| ChartMill Relative Strength | 69.82 | NEUTRAL | EWS is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of EWS is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of EWS is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of EWS is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 52.76 | NEUTRAL | The RSI value for EWS is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests EWS has a negative trend. |
| Stochastics (14,3) | 51.34 | NEUTRAL | The Stochastics value for EWS is a neutral value. |
| Average True Range in percent/ATR (20) | 1.25 | LOW VOLATILITY | The low ATR as a percentage value for EWS suggests low volalility. |
| Average Directional Index/ADX (14) | 14.39 | NEGATIVE | The low ADX value for EWS suggests a weak or negative trend. |
28.77
-0.03 (-0.1%)
ISHARES MSCI SINGAPORE ETF / EWS FAQ
What is the ChartMill technical rating of ISHARES MSCI SINGAPORE ETF (EWS) stock?
ChartMill assigns a technical rating of 5 / 10 to EWS.
What is the current trend direction of ISHARES MSCI SINGAPORE ETF (EWS) stock?
The current trend direction for ISHARES MSCI SINGAPORE ETF (EWS) is Bullish.
Can you provide the RSI signal for ISHARES MSCI SINGAPORE ETF?
ISHARES MSCI SINGAPORE ETF (EWS) has an RSI value of 52.7562. This indicates that the stock is currently neutral.
What is the MACD signal for ISHARES MSCI SINGAPORE ETF (EWS) stock?
The MACD indicator for ISHARES MSCI SINGAPORE ETF (EWS) has a value of -0.00879587, indicating a bearish trend.
What is the short term momentum for ISHARES MSCI SINGAPORE ETF (EWS) stock?
The short term momentum for ISHARES MSCI SINGAPORE ETF (EWS) is positive.