NYSEARCA:EWS - NYSE Arca - US46434G7806 - ETF - Currency: USD
Taking everything into account, EWS scores 10 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, EWS is showing a nice and steady performance.
EWS has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately. There is a support zone below the current price at 23.56, a Stop Loss order could be placed below this zone. Another positive sign is the recent Pocket Pivot signal.
20.11
4 important support areas can be observed.
When analyzing the resistance we notice one important area.
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 |
---|---|---|---|
24.14 | 23.46 | 0.68 (2.82%) | 25.00% |
An entry @24.14. This is a Buy Stop order right above the resistance zone. | An exit @23.46. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 0.68 points, which is 2.82%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.70%. |
23.83
+0.01 (+0.04%)