Overall EWO gets a technical rating of 10 out of 10. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, EWO is showing a nice and steady performance.
Although EWO has an excellent technical rating, it does not offer a high quality setup 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
20.45
We found 3 important support areas.
- A support zone ranging from 31.80 to 32.30. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 30.40 to 30.56. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @20.66 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 34.47 to 34.50. This zone is formed by a combination of multiple trend lines in multiple time frames.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | UP | POSITIVE | The long term trend for EWO is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for EWO is up. |
| ChartMill Relative Strength | 91.19 | POSITIVE | EWO has a high relative strength, it outperformed 91.19% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of EWO is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of EWO is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of EWO is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 70.96 | OVERBOUGHT | The high RSI value suggests EWO may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.11 | POSITIVE | The MACD value suggests EWO has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 91.98 | OVERBOUGHT | The high Stochastics value suggests EWO may be overbought. |
| Average True Range in percent/ATR (20) | 1.34 | LOW VOLATILITY | The low ATR as a percentage value for EWO suggests low volalility. |
| Average Directional Index/ADX (14) | 29.92 | POSITIVE | The high ADX value value for EWO suggests a strong trend. |
34.46
+0.47 (+1.38%)
ISHARES MSCI AUSTRIA ETF / EWO FAQ
What is the ChartMill technical rating of ISHARES MSCI AUSTRIA ETF (EWO) stock?
ChartMill assigns a technical rating of 10 / 10 to EWO.
What is the trend direction for EWO stock?
The current trend direction for ISHARES MSCI AUSTRIA ETF (EWO) is Bullish.
What is the RSI signal for EWO stock?
ISHARES MSCI AUSTRIA ETF (EWO) has an RSI value of 70.9599. This indicates that the stock is currently overbought.
Can you provide the MACD signal for ISHARES MSCI AUSTRIA ETF?
The MACD indicator for ISHARES MSCI AUSTRIA ETF (EWO) has a value of 0.114879, indicating a bearish trend.
Can you provide the short term momentum for ISHARES MSCI AUSTRIA ETF?
The short term momentum for ISHARES MSCI AUSTRIA ETF (EWO) is positive.