ISHARES MSCI EUROZONE ETF (EZU) Stock Technical Analysis
NYSEARCA:EZU - NYSE Arca - US4642866085 - ETF - Currency: USD
We assign a technical rating of 5 out of 10 to EZU. In the last year, EZU was a medium performer in the overall market. The medium term is still looking fine, but we see some doubts in the very recent evolution.
EZU is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so EZU is performing more or less in line with the market.
EZU has an average volume of 3104270 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The long term trend is positive and the short term trend is negative. It is probably better to wait until this picture becomes clearer.
Looking at the yearly performance, EZU did better than 76% of all other stocks. However, this overall performance is mostly based on the strong move around 4 months ago.
In the last month EZU has a been trading in a tight range between 57.16 and 60.22.
EZU has an average technical rating and it also does not offer a high quality setup 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
60.62
We found 5 important support areas.
- A support zone ranging from 56.68 to 57.27. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @51.78 from a trend line in the weekly time frame.
- A support zone ranging from 49.49 to 49.54. This zone is formed by a combination of multiple trend lines in the weekly time frame.
- A support zone ranging from 47.18 to 47.75. This zone is formed by a combination of multiple trend lines 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 59.02 to 60.02. 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 EZU is up. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for EZU is down. |
| ChartMill Relative Strength | 76.42 | POSITIVE | EZU has a high relative strength, it outperformed 76.42% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of EZU is below a declining 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) | 40.16 | NEUTRAL | The RSI value for EZU is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.41 | NEGATIVE | The MACD value suggests EZU has a negative trend. |
| Stochastics (14,3) | 2.79 | OVERSOLD | The low Stochastics value suggests EZU may be oversold. |
| Average True Range in percent/ATR (20) | 1.19 | LOW VOLATILITY | The low ATR as a percentage value for EZU suggests low volalility. |
| Average Directional Index/ADX (14) | 24.21 | NEUTRAL | The ADX value for EZU suggests a possible start of a new 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)
57.28
-0.04 (-0.07%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-0.07%
1 Week-3.92%
2 Weeks-3.7%
1 Month-3.29%
3 Month4.62%
6 Month21.54%
12 Month17.08%
2 Year25.01%
3 Year57.58%
5 Year57.02%
10 Year52.58%
15 Year100.63%
Volatility
ATR(14)0.62
ATR(20)%1.19%
ATR Inc28.24%
Range Today0.48
ADR(20)0.52
ADR(20)%0.9%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS76.42
Mansfield0.64
10 Day High60.22
10 Day Low57.17
20 Day High60.22
20 Day Low57.17
52 Week High60.22
52 Week Low46.02
CS1 End57.27
CR1 Start59.02
Volume & EV
DER(3)-0.73%
DER(5)-0.39%
Volume2.36M
Volume Incr0.24%
Vol(5)2.34M
Vol(50)3.10M