Overall EWW gets a technical rating of 10 out of 10. 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.
- When comparing the yearly performance of all stocks, we notice that EWW is one of the better performing stocks in the market, outperforming 89% of all stocks. We also observe that the gains produced by EWW over the past year are nicely spread over this period.
- EWW is currently making a new 52 week high. This is a strong signal. 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 68.94 - 77.97 range, which is quite wide. It is currently trading near the high of this range.
- EWW has an average volume of 1412130 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Although EWW has an excellent technical rating, it does not offer a high quality setup 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
63.75
5 important support areas can be observed.
- A support zone ranging from 71.15 to 72.67. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 69.66 to 69.95. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @67.45 from a horizontal line in the daily time frame.
- A support zone ranging from 65.87 to 66.04. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @64.39 from a horizontal line in the daily time frame.
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 | 89.71 | POSITIVE | EWW has a high relative strength, it outperformed 89.71% 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) | 79.25 | OVERBOUGHT | The high RSI value suggests EWW may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.45 | POSITIVE | The MACD value suggests EWW has a positive trend. |
| Stochastics (14,3) | 90.94 | OVERBOUGHT | The high Stochastics value suggests EWW may be overbought. |
| Average True Range in percent/ATR (20) | 1.64 | LOW VOLATILITY | The low ATR as a percentage value for EWW suggests low volalility. |
| Average Directional Index/ADX (14) | 28.93 | POSITIVE | The high ADX value value for EWW suggests a strong trend. |
76.7
+0.62 (+0.81%)
ISHARES MSCI MEXICO ETF / EWW 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.
What is the RSI signal for EWW stock?
ISHARES MSCI MEXICO ETF (EWW) has an RSI value of 79.2505. This indicates that the stock is currently overbought.
What is the short term momentum for ISHARES MSCI MEXICO ETF (EWW) stock?
The short term momentum for ISHARES MSCI MEXICO ETF (EWW) is positive.
What is the buy/sell signal for ISHARES MSCI MEXICO ETF (EWW) stock?
The buy/sell signal for ISHARES MSCI MEXICO ETF (EWW) is buy as both the short term and long term trends are positive.