The Greedy Trader Weekly Analysis
Sign In Sep 14, 2018
Skip Navigation Links
   Home
   AnalysisExpand    Analysis
   AlertsExpand    Alerts
   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
• Stock Technical Indicators
• Stock Trends Analysis
• Market Sector Rank
• Stock Trading Signals
Archive
- 9/7/2018
Sign In to see current Signals.
iShares MSCI Australia Index
Subscribe to TheGreedyTrader Weekly Alerts
Summary:
Weekly :Weekly  MACD line has moved below its signal lineBroken trend support line - Downtrend exhaustionWilliams' Percentage Range is oversold
Daily :The price is below the lower Bollinger BandLane's Stochastic oversoldWilliams' Percentage Range is strongly oversold
Move cursor over the icon to see details.

It was the negative week for the iShares MSCI Australia Index (EWA). During the week, the EWA dropped -1.03 points, or -4.58%, and closed at 21.46 on Friday, September 07, 2018. Weekly volume was 24% above average.

Long-term trend: [See EWA long-term trend chart]
A long-term downtrend had started on January 26, 2018 at 24.18 and reached 21.42 on September 7, 2018. EWA lost 2.76 points, or 11.41%, in 32 weeks. Price is near the trend low.

Medium-term trend: [See EWA medium-term trend chart]
A medium-term downtrend had started on July 9, 2018 at 23.18 and reached 21.42 on September 7, 2018. EWA lost 1.76 points, or 7.59%, in 8 weeks. The chart has formed a Falling Channel chart pattern. The downtrend support line (22.20) is broken, while daily and weekly technical indicators are oversold. Downtrend is exhausted and trend reversal is possible soon. Use the following links to access Trend Support/Resistance Help, or use the Technical Stock Screener to see the list of stocks with broken trend support in a medium-term trend.

Weekly Technical Indicators: [See EWA weekly technical indicators chart]
Weekly Williams' Percentage Range is strongly oversold. Use the Technical Stock Screener to see the list of stocks with weekly strongly oversold Williams' Percentage Range. 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 link to access Williams' Percentage Range help.

During the last week, weekly MACD line has moved below its signal line. Such crossover is considered a bearish signal. Use the following link to access a MACD help.

Short-term trend: [See EWA short-term trend chart]
A short-term downtrend had started on August 29, 2018 at 22.98 and reached 21.42 on September 7, 2018. EWA lost 1.56 points, or 6.79%, in 9 days. Price is near the trend low.

Daily Technical Indicators: [See EWA daily technical indicators chart]
Daily Lane's Stochastic is oversold while Williams' Percentage Range is strongly oversold. Use the Technical Stock Screener to see the list of stocks with oversold daily Lane's Stochastic or strongly oversold daily Williams' Percentage Range. Use the following link to access Lane's Stochastic help.

The daily MACD line is below its signal line since August 30, 2018. This is an indication that the short-term trend is down. The distance between MACD and the signal line is near its high and getting bigger. It indicates that the current short-term downtrend is strong.

The price has closed on Friday below the lower Bollinger Band. It is considered a bearish signal. 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) 23.34
Williams' Percentage Range (W%R) 92.10
Strong Oversold
Lane's Stochastic (%D-Slow) 10.85
Oversold
Greed/Fear Indicator (GFI) 14.04
Oversold
Moving Average Converg./Diverg. (MACD) -0.08
Weekly Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 33.33
Williams' Percentage Range (W%R) 92.60
Strong Oversold
Lane's Stochastic (%D-Slow) 48.31
Greed/Fear Indicator (GFI) 33.49
Moving Average Converg./Diverg. (MACD) -0.01
Trading Signals
Description Value Chart
Upper Bollinger Band 23.19
Monthly Trendline Resistance 22.90
50 Day Moving Average 22.65
Parabolic System 22.55
20 Day Moving Average 22.50
Monthly Trendline Support 22.20
Weekly Stochastic Crossing 22.13
Lower Bollinger Band 21.66
Daily Stochastic Crossing 21.53
Price 21.46
Sector and Industry
Description Name Rank
Sector
Industry
Daily Trend
Description Value
Direction Down
Chart Pattern DownTrend
High 22.98
High Date 08/29/2018
Low 21.42
Low Date 09/07/2018
Weekly Trend
Monthly Trend
Description Value
Direction Down
Chart Pattern DownTrend
Status
Resistance
Support
High 23.06
High Date 08/17/2018
Low 21.42
Low Date 09/07/2018
Description Value
Direction Down
Chart Pattern Falling Channel
Status Broken Support
Resistance 22.90
Support 22.20
High 23.18
High Date 07/09/2018
Low 21.42
Low Date 09/07/2018
Quarterly Trend
Yearly Trend
Description Value
Direction Down
Chart Pattern DownTrend
Status
Resistance
Support
High 24.18
High Date 01/26/2018
Low 21.42
Low Date 09/07/2018
Description Value
Direction Up
Chart Pattern Uptrend
Status
Resistance
Support
Low 16.08
Low Date 01/15/2016
High 24.18
High Date 01/26/2018
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.