ISHARES MSCI CANADA ETF (EWC) Stock Technical Analysis
NYSEARCA:EWC - NYSE Arca - US4642865095 - ETF - Currency: USD
We assign a technical rating of 4 out of 10 to EWC. In the last year, EWC was a medium performer in the overall market. We are getting mixed signals now in both the short and medium term picture.
The long term trend is positive and the short term trend is neutral. The long term trend gets the benefit of the doubt for now.
EWC is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so EWC is lagging the market slightly.
In the last month EWC has a been trading in the 39.82 - 42.60 range, which is quite wide. It is currently trading near the high of this range.
Prices have been consolidating recently, this may present a good entry opportunity.
Considerably lower volume is observed in the last couple of days, which is a good thing during a pullback.
EWC has an average volume of 2466850 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
When compared to the yearly performance of all other stocks, EWC outperforms 61% of them, which is more or less in line with the market.
Although the technical rating is only medium, EWC does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. A pullback is taking place, which may present a nice opportunity for an entry. There is a support zone below the current price at 41.33, a Stop Loss order could be placed below this zone.
More info and screens
36.11
43.72
When analyzing the support we can see 3 important areas.
- A support zone ranging from 40.63 to 41.33. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @39.31 from a horizontal line in the daily time frame.
- A support zone ranging from 36.47 to 36.48. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 2 important resistance areas.
- A resistance zone ranging from 41.75 to 42.08. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 43.26 to 43.29. This zone is formed by a combination of multiple trend lines in multiple time frames.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS61.51
Mansfield-0.24
10 Day High42.61
10 Day Low41.42
20 Day High42.61
20 Day Low39.82
52 Week High43.33
52 Week Low35.74
Performance
1 Week-2.28%
2 Weeks-0.6%
1 Month0.24%
3 Month-3.3%
6 Month3.33%
12 Month12.33%
2 Year22.03%
3 Year8.71%
5 Year50.6%
10 Year48.29%
15 Year60.36%
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
RSI(14)48.8
LBB40.91
UBB42.85
41.55
-0.67 (-1.59%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-1.59%
1 Week-2.28%
2 Weeks-0.6%
1 Month0.24%
3 Month-3.3%
6 Month3.33%
12 Month12.33%
2 Year22.03%
3 Year8.71%
5 Year50.6%
10 Year48.29%
15 Year60.36%
Volatility
ATR(14)0.57
ATR(20)%1.31%
ATR Inc-4.8%
Range Today0.8
ADR(20)0.47
ADR(20)%1.13%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS61.51
Mansfield-0.24
10 Day High42.61
10 Day Low41.42
20 Day High42.61
20 Day Low39.82
52 Week High43.33
52 Week Low35.74
CS1 End41.33
CR1 Start41.75
Volume & EV
DER(3)0.59%
DER(5)0.52%
Volume2.19M
Volume Incr-49.01%
Vol(5)1.36M
Vol(50)2.47M