Overall EZU 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, EZU is showing a nice and steady performance.
Although EZU has an excellent technical rating, the quality of the presented setup is not ideal at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
45.75
2 important support areas can be observed.
- A support zone ranging from 59.27 to 63.11. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @46.21 from a horizontal line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 63.35 to 63.77. 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 EZU is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for EZU is up. |
| ChartMill Relative Strength | 83.1 | POSITIVE | EZU has a high relative strength, it outperformed 83.1% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of EZU is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of EZU is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of EZU is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 59.99 | NEUTRAL | The RSI value for EZU is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.21 | POSITIVE | The MACD value suggests EZU has a positive trend. |
| Stochastics (14,3) | 90.28 | OVERBOUGHT | The high Stochastics value suggests EZU may be overbought. |
| Average True Range in percent/ATR (20) | 1.15 | LOW VOLATILITY | The low ATR as a percentage value for EZU suggests low volalility. |
| Average Directional Index/ADX (14) | 14.7 | NEGATIVE | The low ADX value for EZU suggests a weak or negative trend. |
63.34
-0.01 (-0.02%)
ISHARES MSCI EUROZONE ETF / EZU FAQ
What is the ChartMill technical rating of ISHARES MSCI EUROZONE ETF (EZU) stock?
ChartMill assigns a technical rating of 10 / 10 to EZU.
What is the current trend direction of ISHARES MSCI EUROZONE ETF (EZU) stock?
The current trend direction for ISHARES MSCI EUROZONE ETF (EZU) is Bullish.
Can you provide the RSI signal for ISHARES MSCI EUROZONE ETF?
ISHARES MSCI EUROZONE ETF (EZU) has an RSI value of 59.9918. This indicates that the stock is currently neutral.
Can you provide the MACD signal for ISHARES MSCI EUROZONE ETF?
The MACD indicator for ISHARES MSCI EUROZONE ETF (EZU) has a value of 0.205551, indicating a bearish trend.
What is the short term momentum for ISHARES MSCI EUROZONE ETF (EZU) stock?
The short term momentum for ISHARES MSCI EUROZONE ETF (EZU) is positive.