The Greedy Trader Weekly Analysis
Sign In Jun 23, 2017
Skip Navigation Links
   Home
   AnalysisExpand    Analysis
   AlertsExpand    Alerts
   IndustriesExpand    Industries
   Stock PickExpand    Stock Pick
   MembersExpand    Members
   ResourcesExpand    Resources
   About UsExpand    About Us
Number of records: 8
Symbol:  

• Symbol Lookup
• Add to Watch List
• Candlestick Patterns - N/A
• Stock Technical Indicators
• Stock Trends Analysis
• Market Sector Rank
• Stock Trading Signals
Archive
- 6/16/2017
Sign In to see current Signals.
iShares MSCI Emerg Mkts Index
Subscribe to TheGreedyTrader Weekly Alerts
Summary:
Weekly :Williams' Percentage Range and Lane's Stochastic are overboughtTrend support at 41.30
Daily :The price has fallen below the Parabolic SARThe price has declined below the moving average in the center of the Bollinger BandsThe Bollinger Bands are historically close together
Move cursor over the icon to see details.

It was the second consecutive negative week for the iShares MSCI Emerg Mkts Index (EEM). During the week, the EEM gave back -0.39 points, or -0.94%, and closed at 41.22 on Friday, June 16, 2017. It was the worst weekly loss since March 31, 2017. EEM was trading at average weekly trading volume.

Long-term trend: [See EEM long-term trend chart]
A long-term uptrend had started on January 20, 2016 at 27.61 and reached 42.03 on June 9, 2017. EEM gained -14.42 points, or -52.23%, in 72 weeks. The price is now at the 5.62% retracement level.

Medium-term trend: [See EEM medium-term trend chart]
A medium-term uptrend had started on December 22, 2016 at 33.94 and reached 42.03 on June 9, 2017. EEM gained -8.09 points, or -23.84%, in 24 weeks. The chart has formed a Rising Channel chart pattern. The price is near the trend support (41.30) line. The support is usually stronger when technical indicators are oversold. Use the following links to access Trend Support/Resistance Help, or use the Technical Stock Screener to see the list of stocks with price testing the trend support line in a medium-term trend.

Weekly Technical Indicators: [See EEM weekly technical indicators chart]
Weekly Williams' Percentage Range and Lane's Stochastic are overbought. Use the Technical Stock Screener to see the list of stocks with overbought weekly Williams' Percentage Range and Lane's Stochastic. Oscillators are designed to signal a possible trend reversal. They can act as alerts and should be taken in conjunction with other technical analysis tools. Oscillators can be used to confirm other technical signals. Use the following links to access Lane's Stochastic and Williams' Percentage Range help.

The weekly MACD line is above its signal line since January 27, 2017. This is an indication that the medium-term trend is up. The distance between MACD and the signal line is low and getting smaller. It indicates that the current medium-term uptrend is getting weak. Use the following link to access a MACD help.

Short-term trend: [See EEM short-term trend chart]
A short-term uptrend had started on April 19, 2017 at 38.71 and reached 42.03 on June 9, 2017. EEM gained -3.32 points, or -8.58%, in 51 days. The chart has formed a Rising Wedge chart pattern. The trend support level is at 40.88 and resistance is at 42.13. A Rising Wage is a triangle formation with a noticeable slant to the upside. It represents the loss of an upside momentum on each successive high and has a bearish bias. The Rising wedge usually marks a reversal in an uptrend. In a downtrend a rising wedge is considered to be a continuation pattern. Use the following link to access a Rising Wedge chart pattern help, or use a Technical Stock Screener to see the list of stocks with Rising Wedge pattern in a short-term trend.

Daily Technical Indicators: [See EEM daily technical indicators chart]
Daily technical indicators are neutral.

The daily MACD line is below its signal line since May 30, 2017.

During the last week, the price has fallen below the Parabolic SAR (stop and reversal). A Parabolic SAR above the price is a bearish signal, and it indicates that momentum is likely to remain in the downward direction. A Parabolic SAR is used as a trailing stop loss for long or short positions. It works best during strong trending periods. Use the following links to access Parabolic SAR Help, or use the Technical Stock Screener to see the list of stocks with the Parabolic SAR close to the price level.

During the last week, the price has declined below the moving average in the center of the Bollinger Bands. The distance between the Bollinger Bands (2.23%) is close to one year low (2.35%). It is 65.91% lower than one year average. It indicates the period of low volatility of the stock price, and it is considered a buy signal for the option traders. The Bollinger Bands are often used with a non-oscillator indicator like chart patterns or a trendline. The signals are considered more reliable if these indicators confirm the recommendation of the Bollinger Bands. Use the following links to access the Bollinger Bands Help, or use the Technical Stock Screener to see the list of stocks with the price above the Upper Bollinger Band or below the Lower Bollinger Band.

Daily Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 40.44
Williams' Percentage Range (W%R) 68.10
Lane's Stochastic (%D-Slow) 34.68
Greed/Fear Indicator (GFI) 35.67
Moving Average Converg./Diverg. (MACD) 0.30
Weekly Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 77.82
Williams' Percentage Range (W%R) 16.10
Overbought
Lane's Stochastic (%D-Slow) 88.10
Overbought
Greed/Fear Indicator (GFI) 75.90
Moving Average Converg./Diverg. (MACD) 1.13
Trading Signals
Description Value Chart
Monthly Trendline Resistance 43.97
Weekly Trendline Resistance 42.13
Parabolic System 42.05
Upper Bollinger Band 41.81
Weekly Stochastic Crossing 41.71
20 Day Moving Average 41.50
Daily Stochastic Crossing 41.31
Monthly Trendline Support 41.30
Price 41.22
Weekly Trendline Support 40.88
Lower Bollinger Band 40.88
50 Day Moving Average 40.63
Sector and Industry
Description Name Rank
Sector
Industry
Daily Trend
Description Value
Direction Down
Chart Pattern DownTrend
High 42.03
High Date 06/09/2017
Low 40.90
Low Date 06/15/2017
Weekly Trend
Monthly Trend
Description Value
Direction Up
Chart Pattern Rising Wedge
Status Valid
Resistance 42.13
Support 40.88
Low 38.71
Low Date 04/19/2017
High 42.03
High Date 06/09/2017
Description Value
Direction Up
Chart Pattern Rising Channel
Status Test Support
Resistance 43.97
Support 41.30
Low 33.94
Low Date 12/22/2016
High 42.03
High Date 06/09/2017
Quarterly Trend
Yearly Trend
Description Value
Direction Up
Chart Pattern Uptrend
Status
Resistance
Support
Low 27.61
Low Date 01/20/2016
High 42.03
High Date 06/09/2017
Description Value
Direction Down
Chart Pattern DownTrend
Status
Resistance
Support
High 55.83
High Date 10/31/2007
Low 18.22
Low Date 11/20/2008
Warning: TheGreedyTrader.com presents weekly analysis. Technical indicators and trend parameters are calculated for the close of business day indicated on the top right corner of the screen.

Copyright© 2004-2016 All rights reserved.