The Greedy Trader Weekly Analysis
Sign In Nov 9, 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 - N/A
• Stock Technical Indicators
• Stock Trends Analysis
• Market Sector Rank
• Stock Trading Signals
Archive
- 11/2/2018
Sign In to see current Signals.
iShares MSCI Germany Index
Subscribe to TheGreedyTrader Weekly Alerts
Summary:
Weekly :Broken trend support lineLane's Stochastic is oversoldTrend support at 27.63
Daily :Broken trend resistance lineStochastic signal line moved above oversold areaDaily  MACD line has moved above its signal lineThe price has risen above the Parabolic SARThe price is close to the moving average in the center of the Bollinger Bands
Move cursor over the icon to see details.

It was a first positive week after 5 consecutive negative weeks for the iShares MSCI Germany Index (EWG). During the week, the EWG gained 1.00 points, or 3.73%, and closed at 27.78 on Friday, November 02, 2018. Weekly volume was 88% above average.

Long-term trend: [See EWG long-term trend chart]
A long-term uptrend had started on June 27, 2016 at 22.51 and reached 35.87 on January 24, 2018. EWG gained -13.36 points, or -59.35%, in 82 weeks. The chart has formed a Rising Channel chart pattern. The uptrend support line (35.71) is broken. A broken support is considered to be a long-term bearish signal. 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 long-term trend.

Medium-term trend: [See EWG medium-term trend chart]
A medium-term downtrend had started on January 24, 2018 at 35.87 and reached 26.37 on October 24, 2018. EWG lost 9.50 points, or 26.48%, in 39 weeks. The chart has formed a Falling Channel chart pattern. The price is near the trend support (27.63) 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 EWG weekly technical indicators chart]
Weekly Lane's Stochastic is oversold. Use the Technical Stock Screener to see the list of stocks with weekly oversold 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 link to access Lane's Stochastic help.

The weekly MACD line is below its signal line since February 2, 2018. This is an indication that the medium-term trend is down. The distance between MACD and the signal line is relatively high and getting bigger. It indicates that the current medium-term downtrend is strong. Use the following link to access a MACD help.

Short-term trend: [See EWG short-term trend chart]
A short-term downtrend had started on September 21, 2018 at 30.63 and reached 26.37 on October 24, 2018. EWG lost 4.26 points, or 13.91%, in 33 days. The chart has formed a Falling Channel chart pattern. The downtrend resistance line (25.73) is broken. A broken support is considered to be a long-term bullish signal. 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 resistance line in a short-term trend.

Daily Technical Indicators: [See EWG daily technical indicators chart]
Daily technical indicators are neutral. During the last week, daily Lane's Stochastic signal line (%D) has moved above oversold area. Such crossover is considered a bullish signal.

During the last week, daily MACD line has moved above its signal line. Such crossover is considered a bullish signal.

During the last week, the price has risen above the Parabolic SAR (stop and reversal). A Parabolic SAR below the price is a bullish signal, and it indicates that momentum is likely to remain in the upward 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.

The price is close to the moving average in the center of the Bollinger Bands. 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) 46.93
Williams' Percentage Range (W%R) 35.20
Lane's Stochastic (%D-Slow) 55.88
Greed/Fear Indicator (GFI) 55.86
Moving Average Converg./Diverg. (MACD) -0.63
Weekly Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 33.11
Williams' Percentage Range (W%R) 75.00
Lane's Stochastic (%D-Slow) 16.72
Oversold
Greed/Fear Indicator (GFI) 27.57
Moving Average Converg./Diverg. (MACD) -0.78
Trading Signals
Description Value Chart
Quarterly Trendline Resistance 30.50
Monthly Trendline Resistance 29.53
Upper Bollinger Band 29.13
50 Day Moving Average 29.07
Monthly Trendline Support 27.82
Price 27.78
20 Day Moving Average 27.69
Quarterly Trendline Support 27.63
Daily Stochastic Crossing 27.44
Weekly Stochastic Crossing 26.90
Weekly Trendline Resistance 26.79
Parabolic System 26.60
Lower Bollinger Band 26.54
Weekly Trendline Support 25.73
Sector and Industry
Description Name Rank
Sector
Industry
Daily Trend
Description Value
Direction Up
Chart Pattern Uptrend
Low 26.37
Low Date 10/24/2018
High 28.05
High Date 11/02/2018
Weekly Trend
Monthly Trend
Description Value
Direction Down
Chart Pattern Falling Channel
Status Broken Resistance
Resistance 26.79
Support 25.73
High 30.63
High Date 09/21/2018
Low 26.37
Low Date 10/24/2018
Description Value
Direction Down
Chart Pattern Falling Channel
Status Test Support
Resistance 29.53
Support 27.82
High 33.52
High Date 02/16/2018
Low 26.37
Low Date 10/24/2018
Quarterly Trend
Yearly Trend
Description Value
Direction Down
Chart Pattern Falling Channel
Status Test Support
Resistance 30.50
Support 27.63
High 35.87
High Date 01/24/2018
Low 26.37
Low Date 10/24/2018
Description Value
Direction Up
Chart Pattern Rising Channel
Status Broken Support
Resistance 38.79
Support 35.71
Low 22.51
Low Date 06/27/2016
High 35.87
High Date 01/24/2018
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.