ISHARES MSCI SOUTH AFRICA ET (EZA) Technical Analysis
NYSEARCA:EZA • US4642867802
Current stock price
EZA Technical Rating and Analysis
Taking everything into account, EZA scores 3 out of 10 in our technical rating. Although EZA is scoring some points because its good overall performance in the market in the past year, recent evolutions are not that positive. Both the medium and short term picture give negative signs.
- In the last month EZA has a been trading in the 62.20 - 81.75 range, which is quite wide. It is currently trading near the lows of this range.
- Prices have been falling strongly lately, it is better to avoid new long positions here.
- Looking at the yearly performance, EZA did better than 77% of all other stocks. On top of that, EZA also shows a nice and consistent pattern of rising prices.
- The short term trend is negative, the long term trend is neutral. Not much exciting going on here.
- EZA is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so EZA is lagging the market slightly.
EZA Weekly and Daily overview Charts
EZA Setup Rating and Analysis
The technical rating of EZA is bad and it also does not present a quality setup at the moment. Prices have been extended to the downside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
EZA Support and Resistance Analysis
43.21
When analyzing the support we can see 2 important areas.
- A support zone ranging from 62.57 to 62.57. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @43.65 from a trend line in the weekly time frame.
We found 1 important resistance area.
- Resistance @80.14 from a horizontal line in the daily time frame.
EZA 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 | NEUTRAL | NEUTRAL | The long term trend for EZA is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for EZA is down. |
| ChartMill Relative Strength | 77.84 | POSITIVE | EZA has a high relative strength, it outperformed 77.84% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of EZA is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of EZA is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of EZA is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 30.16 | NEUTRAL | The RSI value for EZA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -1.12 | NEGATIVE | The MACD value suggests EZA has a negative trend. |
| Stochastics (14,3) | 5.42 | OVERSOLD | The low Stochastics value suggests EZA may be oversold. |
| Average True Range in percent/ATR (20) | 4.42 | MEDIUM VOLATILITY | The ATR as a percentage value for EZA suggests some volalility. |
| Average Directional Index/ADX (14) | 29.5 | POSITIVE | The high ADX value value for EZA suggests a strong trend. |
EZA Chart- and CandleStick Pattern Analysis
EZA Technicals: Chart, Performance Metrics, Trend & Indicators
62.58
-2.35 (-3.62%)
ISHARES MSCI SOUTH AFRICA ET / EZA TA FAQ
Can you provide the ChartMill technical rating for ISHARES MSCI SOUTH AFRICA ET?
ChartMill assigns a technical rating of 3 / 10 to EZA.
What is the trend direction for EZA stock?
The current trend direction for ISHARES MSCI SOUTH AFRICA ET (EZA) is Bearish.
What is the RSI signal for EZA stock?
ISHARES MSCI SOUTH AFRICA ET (EZA) has an RSI value of 30.1641. This indicates that the stock is currently neutral.
What is the MACD signal for ISHARES MSCI SOUTH AFRICA ET (EZA) stock?
The MACD indicator for ISHARES MSCI SOUTH AFRICA ET (EZA) has a value of -1.1209, indicating a bearish trend.
Can you provide the support and resistance levels for ISHARES MSCI SOUTH AFRICA ET?
ISHARES MSCI SOUTH AFRICA ET (EZA) has a support level at 62.57 and a resistance level at 80.14. Check the full technical report for our detailed analysis of EZA support and resistance levels.