ISHARES MSCI SOUTH AFRICA ET (EZA) Stock Technical Analysis
USA - NYSEARCA:EZA - US4642867802 - ETF
63.32 USD
-1.74 (-2.67%)
63 USD
-0.32 (-0.51%)
Overall EZA 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, EZA 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 EZA is one of the better performing stocks in the market, outperforming 84% of all stocks.
EZA 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.
In the last month EZA has a been trading in the 60.53 - 66.80 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Volume is considerably higher in the last couple of days.
Although EZA has an excellent technical rating, it does not present a decent entry opportunity 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
42.39
63.95
5 important support areas can be observed.
- Support @61.07 from a trend line in the daily time frame.
- Support @56.56 from a horizontal line in the daily time frame.
- Support @55.53 from a trend line in the daily time frame.
- Support @51.56 from a horizontal line in the daily time frame.
- Support @42.82 from a trend line in the weekly 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 EZA is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for EZA is up. |
| ChartMill Relative Strength | 84.69 | POSITIVE | EZA has a high relative strength, it outperformed 84.69% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of EZA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of EZA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of EZA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 53.94 | NEUTRAL | The RSI value for EZA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.09 | NEGATIVE | The MACD value suggests EZA has a negative trend. |
| Stochastics (14,3) | 67.78 | NEUTRAL | The Stochastics value for EZA is a neutral value. |
| Average True Range in percent/ATR (20) | 1.71 | LOW VOLATILITY | The low ATR as a percentage value for EZA suggests low volalility. |
| Average Directional Index/ADX (14) | 33.93 | POSITIVE | The high ADX value value for EZA 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)
63.32
-1.74 (-2.67%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-2.67%
1 Week-2.67%
2 Weeks0.03%
1 Month4.54%
3 Month19.52%
6 Month38.8%
12 Month26.49%
2 Year69.35%
3 Year66.68%
5 Year70.95%
10 Year11.17%
15 Year-6.51%
Volatility
ATR(14)1.18
ATR(20)%1.71%
ATR Inc105.73%
Range Today2.08
ADR(20)0.93
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
CRS84.69
Mansfield1.51
10 Day High66.8
10 Day Low63.16
20 Day High66.8
20 Day Low60.53
52 Week High66.8
52 Week Low39.74
CS1 End61.07
CR1 StartN/A
Volume & EV
DER(3)-0.99%
DER(5)-0.9%
Volume332.00K
Volume Incr64.07%
Vol(5)233.76K
Vol(50)157.95K