ISHARES MSCI EUROZONE ETF (EZU) Stock Technical Analysis
USA - NYSEARCA:EZU - US4642866085 - ETF
We assign a technical rating of 8 out of 10 to EZU. In the last year, EZU was one of the better performers, but we do observe some doubts in the very recent evolution.
EZU has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately. A pullback is taking place, which may present a nice opportunity for an entry. There is a support zone below the current price at 61.71, a Stop Loss order could be placed below this zone.
More info and screens
45.75
4 important support areas can be observed.
- A support zone ranging from 60.54 to 61.71. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @59.27 from a horizontal line in the daily time frame.
- A support zone ranging from 57.12 to 57.49. 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.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 62.24 to 63.14. 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 | 80.65 | POSITIVE | EZU has a high relative strength, it outperformed 80.65% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of EZU is below 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) | 47.09 | NEUTRAL | The RSI value for EZU is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.17 | NEGATIVE | The MACD value suggests EZU has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 20.08 | NEUTRAL | The Stochastics value for EZU is a neutral value. |
| Average True Range in percent/ATR (20) | 0.91 | LOW VOLATILITY | The low ATR as a percentage value for EZU suggests low volalility. |
| Average Directional Index/ADX (14) | 12.43 | NEGATIVE | The low ADX value for EZU suggests a weak or negative trend. |
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 62.25 | 61.15 | 1.10 (1.77%) | 25.00% |
| An entry @62.25. This is a Buy Stop order right above the 10 day moving average. | An exit @61.15. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 1.10 points, which is 1.77%. | For a 0.44% total portfolio risk, you can invest 25.00% of your capital in this trade. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
61.77
+0.22 (+0.36%)
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 8 / 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 47.0934. 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 -0.172268, 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 negative.