We assign a technical rating of 10 out of 10 to EWU. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, EWU is showing a nice and steady performance.
Besides having an excellent technical rating, EWU also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 44.25. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 43.55, a Stop Loss order could be placed below this zone.
More info and screens
40.37
We found 1 important support area.
- A support zone ranging from 40.78 to 43.55. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 44.25 to 44.25. 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 EWU is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for EWU is up. |
| ChartMill Relative Strength | 82.07 | POSITIVE | EWU has a high relative strength, it outperformed 82.07% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of EWU is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of EWU is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of EWU is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 62.86 | NEUTRAL | The RSI value for EWU is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.09 | POSITIVE | The MACD value suggests EWU has a positive trend. |
| Stochastics (14,3) | 98.45 | OVERBOUGHT | The high Stochastics value suggests EWU may be overbought. |
| Average True Range in percent/ATR (20) | 0.89 | LOW VOLATILITY | The low ATR as a percentage value for EWU suggests low volalility. |
| Average Directional Index/ADX (14) | 11.81 | NEGATIVE | The low ADX value for EWU suggests a weak or negative trend. |
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 44.26 | 42.53 | 1.73 (3.92%) | 25.00% |
| An entry @44.26. This is a Buy Stop order right above the resistance zone. | An exit @42.52. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 1.73 points, which is 3.92%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.98%. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
44.24
+0.16 (+0.36%)
ISHARES MSCI UNITED KINGDOM / EWU FAQ
Can you provide the ChartMill technical rating for ISHARES MSCI UNITED KINGDOM?
ChartMill assigns a technical rating of 10 / 10 to EWU.
What is the trend direction for EWU stock?
The current trend direction for ISHARES MSCI UNITED KINGDOM (EWU) is Bullish.
What is the RSI signal for ISHARES MSCI UNITED KINGDOM (EWU) stock?
ISHARES MSCI UNITED KINGDOM (EWU) has an RSI value of 62.8611. This indicates that the stock is currently neutral.
What is the MACD signal for EWU stock?
The MACD indicator for ISHARES MSCI UNITED KINGDOM (EWU) has a value of 0.0854215, indicating a bearish trend.
What are the support and resistance levels for ISHARES MSCI UNITED KINGDOM (EWU) stock?
ISHARES MSCI UNITED KINGDOM (EWU) has a support level at 43.55 and a resistance level at 44.25. Check the full technical report for our detailed analysis of EWU support and resistance levels.