Logo image of HEWL

Switzerland Curr Hedged Ishares MSCI ETF (HEWL) Stock Technical Analysis

NYSEARCA:HEWL - NYSE Arca -

30.02  -0.02 (-0.07%)

Technical Rating and Analysis

6

Taking everything into account, HEWL scores 6 out of 10 in our technical rating. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, HEWL is only an average performer.

Warning: HEWL has an average volume of 1130 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
Both the short term and long term trends are positive. This is a very positive sign.
HEWL is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so HEWL is lagging the market slightly.
When comparing the performance of all stocks over the past year, HEWL turns out to be only a medium performer in the overall market: it outperformed 57% of all stocks.
In the last month HEWL has a been trading in a tight range between 29.49 and 30.85.
Considerably lower volume is observed in the last couple of days.
Weekly and Daily overview Charts
Switzerland Curr Hedged Ishares MSCI ETF / HEWL Weekly stock chart
Switzerland Curr Hedged Ishares MSCI ETF / HEWL Daily stock chart
Setup Rating and Analysis

8

Although the technical rating is only medium, HEWL does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 30.02. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 29.95, a Stop Loss order could be placed below this zone.

Support and Resistance Analysis

28.37

31.42

We found 2 important support areas.

  • A support zone ranging from 29.49 to 29.95. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Support @28.66 from a horizontal line in the daily time frame.

2 important resistance areas can be observed.

  • A resistance zone ranging from 30.02 to 30.57. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Resistance @31.11 from a horizontal line in the daily time frame.
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.

IndicatorValueSignalComment
ChartMill Long Term Trend IndicatorUPPOSITIVEThe long term trend for HEWL is up.
ChartMill Short Term Trend IndicatorUPPOSITIVEThe short term trend for HEWL is up.
ChartMill Relative Strength57.17NEUTRALHEWL is not amongst the best or worst performers on the market.
Simple Moving Average/SMA (20)DOWNNEGATIVEThe current price of HEWL is below a declining SMA(20).
Simple Moving Average/SMA (50)UPMIXEDThe current price of HEWL is below the rising SMA(50).
Simple Moving Average/SMA (200)DOWNMIXEDThe current price of HEWL is above a declining SMA(200).
Relative Strength Index/RSI (14)49.87NEUTRALThe RSI value for HEWL is a neutral value.
Moving Average Convergence Divergence/MACD (12, 26, 9)-0.01NEGATIVEThe MACD value suggests HEWL has a negative trend, although the MACD value is rising.
Stochastics (14,3)56.44NEUTRALThe Stochastics value for HEWL is a neutral value.
Average True Range in percent/ATR (20)0.82LOW VOLATILITYThe low ATR as a percentage value for HEWL suggests low volalility.
Chart- and CandleStick Pattern Analysis
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)
Example Setup

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.

ENTRYEXITDISTANCECAPITAL
30.0729.760.31 (1.04%)25.00%
An entry @30.07. This is a Buy Stop order right above the 10 day high.An exit @29.76. This is a Stop Loss order right below the 10 day low.The worst case loss on the trade is limited to 0.31 points, which is 1.04%.For a 0.26% total portfolio risk, you can invest 25.00% of your capital in this trade.

  • The distance between exit and entry is rather small compared to the average daily movement of HEWL. Please evaluate whether better entry and exit points can be found.
  • 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.
Switzerland Curr Hedged Ishares MSCI ETF / HEWL Daily stock chart

Switzerland Curr Hedged Ishares MSCI ETF

NYSEARCA:HEWL (8/17/2020, 8:04:00 PM)

30.02

-0.02 (-0.07%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-0.07%
1 Week0.34%
2 Weeks-0.24%
1 Month-2.57%
3 Month4.06%
6 Month-7.46%
12 Month5.88%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.21
ATR(20)%0.82%
ATR Inc-91.85%
Range Today0.04
ADR(20)N/A
ADR(20)%N/A
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS57.17
Mansfield-0.88
10 Day High30.06
10 Day Low29.77
20 Day High30.85
20 Day Low29.49
52 Week High32.86
52 Week Low22.55
CS1 End29.95
CR1 Start30.02
Volume & EV
DER(3)0%
DER(5)0%
Volume719
Volume Incr-85.7%
Vol(5)243.8
Vol(50)1.13K