ISHARES MSCI UNITED KINGDOM (EWU) Stock Technical Analysis
NYSEARCA:EWU - NYSE Arca - US46435G3341 - ETF - Currency: USD
We assign a technical rating of 5 out of 10 to EWU. EWU has been an average performer in the overall market. We also notice some doubts in the very recent evolution, but in the medium term things are still fine.
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.
EWU 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 EWU is lagging the market slightly.
EWU has an average volume of 1587140 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
When compared to the yearly performance of all other stocks, EWU outperforms 65% of them, which is more or less in line with the market.
In the last month EWU has a been trading in a tight range between 38.74 and 40.78.
EWU has an average technical rating and the quality of the presented setup is also not ideal 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
33.33
41.20
We found 4 important support areas.
- A support zone ranging from 38.78 to 38.89. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @37.67 from a horizontal line in the daily time frame.
- A support zone ranging from 34.61 to 34.74. This zone is formed by a combination of multiple trend lines in the weekly time frame.
- Support @33.67 from a horizontal line in the daily time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 39.74 to 40.79. 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 EWU is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for EWU is neutral. |
| ChartMill Relative Strength | 65.9 | NEUTRAL | EWU is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of EWU is below a declining 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) | 49 | NEUTRAL | The RSI value for EWU is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.21 | NEGATIVE | The MACD value suggests EWU has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 18.32 | OVERSOLD | The low Stochastics value suggests EWU may be oversold. |
| Average True Range in percent/ATR (20) | 0.99 | LOW VOLATILITY | The low ATR as a percentage value for EWU suggests low volalility. |
| Average Directional Index/ADX (14) | 25.96 | POSITIVE | The high ADX value value for EWU 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)
39.41
+0.24 (+0.61%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg0.61%
1 Week-0.53%
2 Weeks-2.31%
1 Month-1.18%
3 Month4.84%
6 Month16.05%
12 Month12.99%
2 Year21.82%
3 Year31.54%
5 Year52.99%
10 Year7.97%
15 Year46.61%
Volatility
ATR(14)0.4
ATR(20)%0.99%
ATR Inc6.59%
Range Today0.23
ADR(20)0.31
ADR(20)%0.79%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS65.9
Mansfield0.18
10 Day High40.78
10 Day Low38.74
20 Day High40.78
20 Day Low38.74
52 Week High40.78
52 Week Low32.76
CS1 End38.89
CR1 Start39.74
Volume & EV
DER(3)-1.7%
DER(5)-3.43%
Volume872.60K
Volume Incr100.8%
Vol(5)1.98M
Vol(50)1.59M