Overall EWW gets a technical rating of 10 out of 10. Both in the recent history as in the last year, EWW has proven to be a steady performer, scoring decent points in every aspect analyzed.
Besides having an excellent technical rating, EWW also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. A pullback is taking place, which may present a nice opportunity for an entry. There is a resistance zone just above the current price starting at 71.06. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 68.45, a Stop Loss order could be placed below this zone.
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63.75
2 important support areas can be observed.
- A support zone ranging from 67.97 to 68.45. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 64.39 to 64.39. 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 71.06 to 71.15. 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 EWW is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for EWW is neutral. |
| ChartMill Relative Strength | 88.81 | POSITIVE | EWW has a high relative strength, it outperformed 88.81% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of EWW is below 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) | 51.24 | NEUTRAL | The RSI value for EWW is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.07 | NEGATIVE | The MACD value suggests EWW has a negative trend. |
| Stochastics (14,3) | 58.07 | NEUTRAL | The Stochastics value for EWW is a neutral value. |
| Average True Range in percent/ATR (20) | 1.7 | LOW VOLATILITY | The low ATR as a percentage value for EWW suggests low volalility. |
| Average Directional Index/ADX (14) | 17.74 | NEGATIVE | The low ADX value for EWW 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 |
|---|---|---|---|
| 71.16 | 67.96 | 3.20 (4.50%) | 22.24% |
| An entry @71.16. This is a Buy Stop order right above the resistance zone. | An exit @67.96. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 3.20 points, which is 4.50%. | For a 1.00% total portfolio risk, you can invest 22.24% of your capital in this trade. |
- 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.
69.33
-0.16 (-0.23%)
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 51.2362. This indicates that the stock is currently neutral.
What is the short term momentum for ISHARES MSCI MEXICO ETF (EWW) stock?
The short term momentum for ISHARES MSCI MEXICO ETF (EWW) is neutral.