ISHARES CURR HEDGED MSCI UK (HEWU) Stock Technical Analysis
NYSEARCA:HEWU - NYSE Arca - US46435G8621 - ETF - Currency: USD
Taking everything into account, HEWU scores 2 out of 10 in our technical rating. HEWU has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
Warning: HEWU has an average volume of 3818 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
When comparing the yearly performance of all stocks, we notice that HEWU is one of the better performing stocks in the market, outperforming 70% of all stocks. However, this overall performance is mostly based on the strong move around 10 months ago.
HEWU is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so HEWU is lagging the market.
In the last month HEWU has a been trading in a tight range between 24.59 and 25.68.
Considerably lower volume is observed in the last couple of days.
HEWU has a poor technical rating and the quality of the setup is also only medium 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
22.47
26.00
We found 3 important support areas.
- A support zone ranging from 24.50 to 24.80. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 23.91 to 23.97. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @22.70 from a horizontal line in the weekly time frame.
2 important resistance areas can be observed.
- A resistance zone ranging from 24.94 to 25.20. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 25.67 to 25.74. This zone is formed by a combination of multiple trend lines in the daily 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 | DOWN | NEGATIVE | The long term trend for HEWU is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for HEWU is down. |
| ChartMill Relative Strength | 70.02 | POSITIVE | HEWU has a high relative strength, it outperformed 70.02% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of HEWU is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of HEWU is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of HEWU is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 42.08 | NEUTRAL | The RSI value for HEWU is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.06 | NEGATIVE | The MACD value suggests HEWU has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 21.55 | NEUTRAL | The Stochastics value for HEWU is a neutral value. |
| Average True Range in percent/ATR (20) | 0.55 | LOW VOLATILITY | The low ATR as a percentage value for HEWU suggests low volalility. |
| Average Directional Index/ADX (14) | 16.86 | NEGATIVE | The low ADX value for HEWU suggests a weak or negative 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)
NYSEARCA:HEWU (10/30/2023, 8:04:00 PM)
24.815
+0.01 (+0.04%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg0.04%
1 Week0.93%
2 Weeks-2.92%
1 Month-1.14%
3 Month0.05%
6 Month-5.31%
12 Month1.05%
2 Year5.35%
3 Year39.06%
5 Year7.42%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.13
ATR(20)%0.55%
ATR Inc-81.33%
Range Today0
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
CRS70.02
Mansfield-0.21
10 Day High25.68
10 Day Low24.59
20 Day High25.68
20 Day Low24.59
52 Week High26.64
52 Week Low22.5
CS1 End24.8
CR1 Start24.94
Volume & EV
DER(3)0%
DER(5)0%
Volume100
Volume Incr11.48%
Vol(5)340
Vol(50)3.82K