ISHARES CORE MSCI EUROPE ETF (IEUR) Stock Technical Analysis
NYSEARCA:IEUR - NYSE Arca - US46434V7385 - ETF - Currency: USD
Overall IEUR gets a technical rating of 7 out of 10. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, IEUR is only an average performer.
The long and short term trends are both positive. This is looking good!
IEUR is currently making a new 52 week high. This is a strong signal. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
When comparing the performance of all stocks over the past year, IEUR turns out to be only a medium performer in the overall market: it outperformed 66% of all stocks.
In the last month IEUR has a been trading in a tight range between 64.67 and 67.81.
Volume is considerably higher in the last couple of days.
Although IEUR has an excellent technical rating, it does not present a decent entry opportunity at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
52.82
68.50
5 important support areas can be observed.
- A support zone ranging from 65.11 to 67.21. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 63.88 to 63.88. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @57.26 from a trend line in the weekly time frame.
- Support @55.07 from a horizontal line in the daily time frame.
- Support @53.35 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 67.82 to 67.82. This zone is formed by a combination of multiple trend lines 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 IEUR is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for IEUR is up. |
| ChartMill Relative Strength | 66.97 | NEUTRAL | IEUR is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of IEUR is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of IEUR is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of IEUR is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 65.93 | NEUTRAL | The RSI value for IEUR is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.05 | POSITIVE | The MACD value suggests IEUR has a positive trend. |
| Stochastics (14,3) | 67.58 | NEUTRAL | The Stochastics value for IEUR is a neutral value. |
| Average True Range in percent/ATR (20) | 0.89 | LOW VOLATILITY | The low ATR as a percentage value for IEUR suggests low volalility. |
| Average Directional Index/ADX (14) | 12.72 | NEGATIVE | The low ADX value for IEUR 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)
67.81
+1.42 (+2.14%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg2.14%
1 Week2.96%
2 Weeks1.07%
1 Month3.8%
3 Month9.32%
6 Month18.49%
12 Month16.79%
2 Year25.46%
3 Year43.42%
5 Year53.35%
10 Year46.05%
15 YearN/A
Volatility
ATR(14)0.61
ATR(20)%0.89%
ATR Inc75.4%
Range Today1.1
ADR(20)0.49
ADR(20)%0.72%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS66.97
Mansfield0.34
10 Day High67.81
10 Day Low65.3
20 Day High67.81
20 Day Low64.67
52 Week High67.81
52 Week Low53.17
CS1 End67.21
CR1 Start67.82
Volume & EV
DER(3)3.7%
DER(5)4.47%
Volume1.91M
Volume Incr98.88%
Vol(5)1.69M
Vol(50)999.86K