Guggenheim MSCI Emerging Mkts Eq Wt ETF (EWEM) Stock Technical Analysis
NYSEARCA:EWEM - NYSE Arca -
Overall EWEM gets a technical rating of 2 out of 10. In the last year, EWEM was among the worst performers in the market. Also the short term picture is negative, the medium term is unclear at the moment.
65% of all other stocks performed better in the past year than EWEM.
Warning: EWEM has an average volume of 1364 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
In the last month EWEM has a been trading in the 30.59 - 32.68 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
The short term trend is negative, the long term trend is neutral. Not much exciting going on here.
EWEM 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.
Volume is considerably higher in the last couple of days.
EWEM has a poor technical rating and the quality of the setup is also not perfect 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
28.73
33.02
When analyzing the support we can see 2 important areas.
- A support zone ranging from 30.65 to 31.20. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 29.02 to 29.05. This zone is formed by a combination of multiple trend lines in multiple time frames.
2 important resistance areas can be observed.
- A resistance zone ranging from 31.46 to 31.74. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 32.36 to 32.69. 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
CRS35.36
Mansfield-1.15
10 Day High31.51
10 Day Low30.74
20 Day High32.68
20 Day Low30.59
52 Week High32.68
52 Week Low28.99
Performance
1 Week0.94%
2 Weeks2.09%
1 Month-3.77%
3 Month0.34%
6 Month6.27%
12 Month-1.68%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
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
RSI(14)45.81
LBB30.7
UBB31.68
Guggenheim MSCI Emerging Mkts Eq Wt ETF
NYSEARCA:EWEM (2/14/2020, 8:18:48 PM)
31.285
0 (0%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg0%
1 Week0.94%
2 Weeks2.09%
1 Month-3.77%
3 Month0.34%
6 Month6.27%
12 Month-1.68%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.25
ATR(20)%0.89%
ATR Inc-76.52%
Range Today0.11
ADR(20)N/A
ADR(20)%N/A
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS35.36
Mansfield-1.15
10 Day High31.51
10 Day Low30.74
20 Day High32.68
20 Day Low30.59
52 Week High32.68
52 Week Low28.99
CS1 End31.2
CR1 Start31.46
Volume & EV
DER(3)0.22%
DER(5)0.02%
Volume6.20K
Volume Incr641.16%
Vol(5)7.18K
Vol(50)1.36K