ISHARES MSCI MEXICO ETF (EWW) Stock Technical Analysis
USA - NYSEARCA:EWW - US4642868222 - ETF
66.12 USD
+0.41 (+0.62%)
66.12 USD
0 (0%)
We assign a technical rating of 9 out of 10 to EWW. 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.
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 72% of all stocks.
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 60.44 - 66.30 range, which is quite wide. It is currently trading near the high of this range.
EWW has an average volume of 1275370 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. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
47.48
66.78
When analyzing the support we can see 5 important areas.
- A support zone ranging from 62.79 to 63.89. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 61.05 to 61.70. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 57.93 to 58.10. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @55.37 from a trend line in the weekly time frame.
- Support @47.96 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 | 72.51 | POSITIVE | EWW has a high relative strength, it outperformed 72.51% 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) | 75.51 | OVERBOUGHT | The high RSI value suggests EWW may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.32 | POSITIVE | The MACD value suggests EWW has a positive trend. |
| Stochastics (14,3) | 93.87 | OVERBOUGHT | The high Stochastics value suggests EWW may be overbought. |
| Average True Range in percent/ATR (20) | 1.45 | LOW VOLATILITY | The low ATR as a percentage value for EWW suggests low volalility. |
| Average Directional Index/ADX (14) | 17.33 | NEGATIVE | The low ADX value for EWW suggests a weak or negative 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)
66.12
+0.41 (+0.62%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg0.62%
1 Week3.59%
2 Weeks5.76%
1 Month8.41%
3 Month8.29%
6 Month26.28%
12 Month21.59%
2 Year13.55%
3 Year49.49%
5 Year98.2%
10 Year28.24%
15 Year24.78%
Volatility
ATR(14)1.02
ATR(20)%1.45%
ATR Inc28.71%
Range Today0.78
ADR(20)0.93
ADR(20)%1.4%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS72.51
Mansfield0.84
10 Day High66.3
10 Day Low61.2
20 Day High66.3
20 Day Low60.44
52 Week High66.3
52 Week Low46.41
CS1 End63.89
CR1 StartN/A
Volume & EV
DER(3)9.05%
DER(5)4.6%
Volume1.70M
Volume Incr21.52%
Vol(5)1.46M
Vol(50)1.28M