ISHARES MSCI MEXICO ETF (EWW) Stock Technical Analysis
USA - NYSEARCA:EWW - US4642868222 - ETF
66.81 USD
-0.09 (-0.13%)
67.5308 USD
+0.72 (+1.08%)
Overall EWW gets a technical rating of 8 out of 10. Although EWW is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
The long and short term trends are both positive. This is looking good!
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.
EWW has an average volume of 1397150 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Looking at the yearly performance, EWW did better than 74% of all other stocks. However, this overall performance is mostly based on the strong move around 4 months ago.
In the last month EWW has a been trading in the 63.58 - 68.71 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Besides having an excellent technical rating, EWW also presents a decent setup pattern. Prices have been consolidating lately. A pullback is taking place, which may present a nice opportunity for an entry.
More info and screens
46.22
68.89
We found 4 important support areas.
- Support @65.23 from a trend line in the daily time frame.
- A support zone ranging from 61.23 to 61.86. This zone is formed by a combination of multiple trend lines in the daily time frame.
- A support zone ranging from 57.94 to 58.11. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @46.69 from a horizontal line in the daily time frame.
We found 1 important resistance area.
- A resistance zone ranging from 67.03 to 68.21. 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 EWW is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for EWW is up. |
| ChartMill Relative Strength | 74.91 | POSITIVE | EWW has a high relative strength, it outperformed 74.91% 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) | 59.26 | NEUTRAL | The RSI value for EWW is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.13 | NEGATIVE | The MACD value suggests EWW has a negative trend. |
| Stochastics (14,3) | 41.25 | NEUTRAL | The Stochastics value for EWW is a neutral value. |
| Average True Range in percent/ATR (20) | 1.52 | LOW VOLATILITY | The low ATR as a percentage value for EWW suggests low volalility. |
| Average Directional Index/ADX (14) | 26.42 | POSITIVE | The high ADX value value for EWW 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)
66.81
-0.09 (-0.13%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-0.13%
1 Week-0.49%
2 Weeks1.07%
1 Month4.67%
3 Month8.28%
6 Month33.83%
12 Month20.44%
2 Year21.92%
3 Year32.11%
5 Year95.58%
10 Year22.09%
15 Year16.15%
Volatility
ATR(14)1.07
ATR(20)%1.52%
ATR Inc1.86%
Range Today0.64
ADR(20)0.98
ADR(20)%1.47%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS74.91
Mansfield0.73
10 Day High68.71
10 Day Low65.52
20 Day High68.71
20 Day Low63.58
52 Week High68.71
52 Week Low46.41
CS1 End65.23
CR1 Start67.03
Volume & EV
DER(3)-2.52%
DER(5)-0.14%
Volume897.30K
Volume Incr10.36%
Vol(5)1.71M
Vol(50)1.40M