ISHARES MSCI UNITED KINGDOM (EWU) Stock Technical Analysis
USA - NYSEARCA:EWU - US46435G3341 - ETF
Overall EWU gets a technical rating of 9 out of 10. Both in the recent history as in the last year, EWU has proven to be a steady performer, scoring decent points in every aspect analyzed.
Although EWU has an excellent technical rating, it does not offer a high quality setup at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
34.46
When analyzing the support we can see 4 important areas.
- A support zone ranging from 41.96 to 42.74. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 40.78 to 40.90. This zone is formed by a combination of multiple trend lines in the daily time frame.
- A support zone ranging from 38.89 to 38.89. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @34.81 from a trend line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 43.45 to 43.45. 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 | 78.56 | POSITIVE | EWU has a high relative strength, it outperformed 78.56% 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) | 66.88 | NEUTRAL | The RSI value for EWU is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.03 | POSITIVE | The MACD value suggests EWU has a positive trend. |
| Stochastics (14,3) | 78.01 | NEUTRAL | The Stochastics value for EWU is a neutral value. |
| Average True Range in percent/ATR (20) | 0.81 | LOW VOLATILITY | The low ATR as a percentage value for EWU suggests low volalility. |
| Average Directional Index/ADX (14) | 12.44 | NEGATIVE | The low ADX value for EWU suggests a weak or negative trend. |
43.44
+0.57 (+1.33%)
ISHARES MSCI UNITED KINGDOM / EWU FAQ
Can you provide the ChartMill technical rating for ISHARES MSCI UNITED KINGDOM?
ChartMill assigns a technical rating of 9 / 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 66.8808. 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 0.0321643, 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 42.74 and a resistance level at 43.45. Check the full technical report for our detailed analysis of EWU support and resistance levels.