ISHARES MSCI EMG MKT MIN VOL (EEMV) Stock Technical Analysis
NYSEARCA:EEMV - NYSE Arca - US4642865335 - ETF - Currency: USD
Overall EEMV gets a technical rating of 5 out of 10. In the past year, EEMV was only an average performing stock in the market. The medium term picture is unclear, although we see some positive events in recent action.
Although the technical rating is only medium, EEMV does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 59.29. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 58.66, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for EEMV in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
54.72
When analyzing the support we can see 2 important areas.
- A support zone ranging from 57.57 to 58.66. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 55.27 to 56.13. This zone is formed by a combination of multiple trend lines in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 59.29 to 59.34. This zone is formed by a combination of multiple trend lines in the daily time frame.
59.22
+0.14 (+0.24%)