Taking everything into account, CEW scores 7 out of 10 in our technical rating. Although CEW is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
Although CEW has an excellent technical rating, the quality of the presented setup is not ideal 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
18.25
When analyzing the support we can see 2 important areas.
- A support zone ranging from 18.95 to 19.32. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 18.43 to 18.50. 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 | UP | POSITIVE | The long term trend for CEW is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for CEW is up. |
| ChartMill Relative Strength | 59.24 | NEUTRAL | CEW is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of CEW is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of CEW is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of CEW is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 72.23 | OVERBOUGHT | The high RSI value suggests CEW may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.02 | POSITIVE | The MACD value suggests CEW has a positive trend. |
| Stochastics (14,3) | 76.25 | NEUTRAL | The Stochastics value for CEW is a neutral value. |
| Average True Range in percent/ATR (20) | 0.44 | LOW VOLATILITY | The low ATR as a percentage value for CEW suggests low volalility. |
| Average Directional Index/ADX (14) | 31.94 | POSITIVE | The high ADX value value for CEW suggests a strong trend. |
19.38
+0.07 (+0.38%)
WISDOMTREE EMERGING CURRENCY / CEW FAQ
Can you provide the ChartMill technical rating for WISDOMTREE EMERGING CURRENCY?
ChartMill assigns a technical rating of 7 / 10 to CEW.
What is the current trend direction of WISDOMTREE EMERGING CURRENCY (CEW) stock?
The current trend direction for WISDOMTREE EMERGING CURRENCY (CEW) is Bullish.
What is the RSI signal for WISDOMTREE EMERGING CURRENCY (CEW) stock?
WISDOMTREE EMERGING CURRENCY (CEW) has an RSI value of 72.2252. This indicates that the stock is currently overbought.
What is the MACD signal for WISDOMTREE EMERGING CURRENCY (CEW) stock?
The MACD indicator for WISDOMTREE EMERGING CURRENCY (CEW) has a value of 0.0176646, indicating a bearish trend.
What is the buy/sell signal for CEW stock?
The buy/sell signal for WISDOMTREE EMERGING CURRENCY (CEW) is buy as both the short term and long term trends are positive.