ISHARES MSCI ITALY ETF (EWI) Stock Technical Analysis
NYSEARCA:EWI - NYSE Arca - US46434G8309 - ETF - Currency: USD
Taking everything into account, EWI scores 9 out of 10 in our technical rating. Both in the recent history as in the last year, EWI has proven to be a steady performer, scoring decent points in every aspect analyzed.
Both the short term and long term trends are positive. This is a very positive sign.
EWI is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
In the last month EWI has a been trading in the 37.68 - 41.13 range, which is quite wide. It is currently trading near the high of this range.
Looking at the yearly performance, EWI did better than 80% of all other stocks. However, this relatively good performance is mostly due to a recent big move.
Although EWI 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
34.60
41.01
When analyzing the support we can see 4 important areas.
- A support zone ranging from 39.45 to 40.17. 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 37.81 to 38.39. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @36.58 from a trend line in the weekly time frame.
- A support zone ranging from 34.95 to 35.97. 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
CRS80.57
Mansfield0.05
10 Day High41.13
10 Day Low38.85
20 Day High41.13
20 Day Low37.68
52 Week High41.13
52 Week Low34.58
Performance
1 Week0.94%
2 Weeks3.36%
1 Month5.73%
3 Month12.78%
6 Month5.62%
12 Month13.66%
2 Year35.29%
3 Year34.21%
5 Year49.05%
10 Year36.42%
15 Year19.55%
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)0.09
RSI(14)66.57
LBB38.02
UBB41.54
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 |
|---|---|---|---|
| 41.14 | 38.85 | 2.30 (5.58%) | 17.93% |
| An entry @41.14. This is a Buy Stop order right above the 10 day high. | An exit @38.84. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 2.30 points, which is 5.58%. | When investing 17.93% 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.
40.6
-0.23 (-0.56%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-0.56%
1 Week0.94%
2 Weeks3.36%
1 Month5.73%
3 Month12.78%
6 Month5.62%
12 Month13.66%
2 Year35.29%
3 Year34.21%
5 Year49.05%
10 Year36.42%
15 Year19.55%
Volatility
ATR(14)0.49
ATR(20)%1.14%
ATR Inc-36.98%
Range Today0.35
ADR(20)0.36
ADR(20)%0.88%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS80.57
Mansfield0.05
10 Day High41.13
10 Day Low38.85
20 Day High41.13
20 Day Low37.68
52 Week High41.13
52 Week Low34.58
CS1 End40.17
CR1 StartN/A
Volume & EV
DER(3)3.88%
DER(5)4.39%
Volume261.00K
Volume Incr-43.89%
Vol(5)229.54K
Vol(50)320.23K