ISHARES MSCI MEXICO ETF (EWW) Technical Analysis
NYSEARCA:EWW • US4642868222
Current stock price
EWW Technical Rating and Analysis
We assign a technical rating of 10 out of 10 to EWW. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, EWW is showing a nice and steady performance.
- Both the short term and long term trends are positive. This is a very positive sign.
- Looking at the yearly performance, EWW did better than 84% of all other stocks. On top of that, EWW also shows a nice and consistent pattern of rising prices.
- EWW 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.
- In the last month EWW has a been trading in the 69.59 - 80.64 range, which is quite wide. It is currently trading near the high of this range.
- EWW has an average volume of 2202520 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
EWW Weekly and Daily overview Charts
EWW Setup Rating and Analysis
Although EWW has an excellent technical rating, it does not present a decent entry opportunity 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
EWW Support and Resistance Analysis
68.64
When analyzing the support we notice one important area.
- A support zone ranging from 69.33 to 71.07. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 81.23 to 81.23. This zone is formed by a combination of multiple trend lines in multiple time frames.
EWW Technical Indicator Signal Analysis
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 EWW is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for EWW is up. |
| ChartMill Relative Strength | 84.69 | POSITIVE | EWW has a high relative strength, it outperformed 84.69% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of EWW is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of EWW is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of EWW is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 63.2 | NEUTRAL | The RSI value for EWW is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.86 | POSITIVE | The MACD value suggests EWW has a positive trend. |
| Stochastics (14,3) | 88.11 | OVERBOUGHT | The high Stochastics value suggests EWW may be overbought. |
| Average True Range in percent/ATR (20) | 2.55 | MEDIUM VOLATILITY | The ATR as a percentage value for EWW suggests some volalility. |
| Average Directional Index/ADX (14) | 25.27 | POSITIVE | The high ADX value value for EWW suggests a strong trend. |
EWW Chart- and CandleStick Pattern Analysis
EWW Technicals: Chart, Performance Metrics, Trend & Indicators
79.51
+0.08 (+0.1%)
ISHARES MSCI MEXICO ETF / EWW TA FAQ
What is the technical rating for EWW stock?
ChartMill assigns a technical rating of 10 / 10 to EWW.
What is the trend direction for EWW stock?
The current trend direction for ISHARES MSCI MEXICO ETF (EWW) is Bullish.
Can you provide the RSI signal for ISHARES MSCI MEXICO ETF?
ISHARES MSCI MEXICO ETF (EWW) has an RSI value of 63.1959. This indicates that the stock is currently neutral.
Can you provide the MACD signal for ISHARES MSCI MEXICO ETF?
The MACD indicator for ISHARES MSCI MEXICO ETF (EWW) has a value of 0.8586, indicating a bearish trend.
Can you provide the short term momentum for ISHARES MSCI MEXICO ETF?
The short term momentum for ISHARES MSCI MEXICO ETF (EWW) is positive.