ISHARES CURR HEDGED MSCI UK (HEWU) Technical Analysis
NYSEARCA:HEWU • US46435G8621
Current stock price
HEWU Technical Rating and Analysis
Overall HEWU gets a technical rating of 2 out of 10. 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 Weekly and Daily overview Charts
HEWU Setup Rating and Analysis
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
HEWU Support and Resistance Analysis
22.47
3 important support areas can be observed.
- 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.
HEWU 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.
| 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. |
HEWU Chart- and CandleStick Pattern Analysis
HEWU Technicals: Chart, Performance Metrics, Trend & Indicators
NYSEARCA:HEWU (10/30/2023, 8:04:00 PM)
24.815
+0.01 (+0.04%)
ISHARES CURR HEDGED MSCI UK / HEWU TA FAQ
What is the ChartMill technical rating of ISHARES CURR HEDGED MSCI UK (HEWU) stock?
ChartMill assigns a technical rating of 2 / 10 to HEWU.
Can you provide the trend direction for ISHARES CURR HEDGED MSCI UK?
The current trend direction for ISHARES CURR HEDGED MSCI UK (HEWU) is Bearish.
What is the RSI signal for ISHARES CURR HEDGED MSCI UK (HEWU) stock?
ISHARES CURR HEDGED MSCI UK (HEWU) has an RSI value of 42.0829. This indicates that the stock is currently neutral.
What is the MACD signal for HEWU stock?
The MACD indicator for ISHARES CURR HEDGED MSCI UK (HEWU) has a value of -0.0607499, indicating a bearish trend.
What are the support and resistance levels for ISHARES CURR HEDGED MSCI UK (HEWU) stock?
ISHARES CURR HEDGED MSCI UK (HEWU) has a support level at 24.8 and a resistance level at 24.94. Check the full technical report for our detailed analysis of HEWU support and resistance levels.