ISHARES MSCI SWEDEN ETF (EWD) Stock Technical Analysis
NYSEARCA:EWD - NYSE Arca - US4642867562 - ETF - Currency: USD
Taking everything into account, EWD scores 9 out of 10 in our technical rating. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, EWD is showing a nice and steady performance.
The long and short term trends are both positive. This is looking good!
EWD is currently trading near its 52 week high. This is a good sign, certainly because the S&P500 Index is not trading near new highs.
In the last month EWD has a been trading in the 41.75 - 45.23 range, which is quite wide. It is currently trading near the high of this range.
Looking at the yearly performance, EWD did better than 85% of all other stocks. However, this overall good ranking is mostly due to the recent strong move.
Volume is considerably higher in the last couple of days.
Although EWD 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
36.05
45.57
We found 5 important support areas.
- A support zone ranging from 43.06 to 44.19. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Strong support @40.24 from a horizontal line in the daily time frame.
- Support @38.57 from a trend line in the weekly time frame.
- Support @37.80 from a horizontal line in the daily time frame.
- Support @36.41 from a horizontal line in the weekly time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS85.5
Mansfield0.83
10 Day High45.23
10 Day Low42.32
20 Day High45.23
20 Day Low41.75
52 Week High45.23
52 Week Low36.88
Performance
1 Week4.59%
2 Weeks3.34%
1 Month6.84%
3 Month12.6%
6 Month12.91%
12 Month11.02%
2 Year26.96%
3 Year16.14%
5 Year76.32%
10 Year34.77%
15 Year77.71%
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)-0.01
RSI(14)64.56
LBB42.67
UBB45.14
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 |
|---|---|---|---|
| 45.24 | 42.31 | 2.93 (6.47%) | 15.46% |
| An entry @45.24. This is a Buy Stop order right above the 10 day high. | An exit @42.31. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 2.93 points, which is 6.47%. | When investing 15.46% 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.
45.12
+0.81 (+1.83%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg1.83%
1 Week4.59%
2 Weeks3.34%
1 Month6.84%
3 Month12.6%
6 Month12.91%
12 Month11.02%
2 Year26.96%
3 Year16.14%
5 Year76.32%
10 Year34.77%
15 Year77.71%
Volatility
ATR(14)0.89
ATR(20)%1.79%
ATR Inc13.11%
Range Today0.69
ADR(20)0.62
ADR(20)%1.37%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS85.5
Mansfield0.83
10 Day High45.23
10 Day Low42.32
20 Day High45.23
20 Day Low41.75
52 Week High45.23
52 Week Low36.88
CS1 End44.19
CR1 StartN/A
Volume & EV
DER(3)-1.58%
DER(5)1.72%
Volume148.70K
Volume Incr123.23%
Vol(5)340.06K
Vol(50)186.95K