ISHARES MSCI EMERG MRKT ASIA (EEMA) Stock Technical Analysis
NASDAQ:EEMA - Nasdaq - US4642864262 - ETF - Currency: USD
Overall EEMA gets a technical rating of 7 out of 10. In the past year, EEMA was one of the better performing stocks in the market. The medium term picture became unclear, although we see some improvement happening in recent action.
The short term trend is positive, while the long term trend is neutral. So this is evolving in the right direction.
When comparing the yearly performance of all stocks, we notice that EEMA is one of the better performing stocks in the market, outperforming 79% of all stocks. On top of that, EEMA also shows a nice and consistent pattern of rising prices.
In the last month EEMA has a been trading in the 72.21 - 77.57 range, which is quite wide. It is currently trading near the high of this range.
EEMA is currently trading in the middle of its 52 week range. This is in line with the S&P500 Index, which is also trading in the middle of its range.
EEMA has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 76.03. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 74.81, a Stop Loss order could be placed below this zone. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
67.63
79.38
3 important support areas can be observed.
- A support zone ranging from 73.17 to 74.81. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 69.51 to 71.13. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @68.31 from a horizontal line in the daily time frame.
We can see 2 important resistance areas.
- A resistance zone ranging from 76.03 to 76.52. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Resistance @78.59 from a horizontal line in the daily time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS79.55
Mansfield0.14
10 Day High77.08
10 Day Low72.21
20 Day High77.57
20 Day Low72.21
52 Week High82.13
52 Week Low65.67
Performance
1 Week3.83%
2 Weeks-0.84%
1 Month3.83%
3 Month1.2%
6 Month8.19%
12 Month12.3%
2 Year14.34%
3 Year2.88%
5 Year33.42%
10 Year24.01%
15 YearN/A
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)
Technical Indicators
MACD(12,26,9)-0.02
RSI(14)57.5
LBB72.57
UBB77.62
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.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 76.53 | 72.20 | 4.33 (5.66%) | 17.67% |
| An entry @76.53. This is a Buy Stop order right above the resistance zone. | An exit @72.20. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 4.33 points, which is 5.66%. | When investing 17.67% of your capital in this trade, your total portfolio risk will be 1.00%. |
- 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.
NASDAQ:EEMA (3/7/2025, 8:21:07 PM)
75.98
+0.81 (+1.08%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg1.08%
1 Week3.83%
2 Weeks-0.84%
1 Month3.83%
3 Month1.2%
6 Month8.19%
12 Month12.3%
2 Year14.34%
3 Year2.88%
5 Year33.42%
10 Year24.01%
15 YearN/A
Volatility
ATR(14)1.39
ATR(20)%1.66%
ATR Inc8.16%
Range Today1.9
ADR(20)0.91
ADR(20)%1.2%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS79.55
Mansfield0.14
10 Day High77.08
10 Day Low72.21
20 Day High77.57
20 Day Low72.21
52 Week High82.13
52 Week Low65.67
CS1 End74.81
CR1 Start76.03
Volume & EV
DER(3)-1.7%
DER(5)-0.73%
Volume277.60K
Volume Incr-26.23%
Vol(5)79.50K
Vol(50)68.17K