The Greedy Trader Weekly Analysis
Sign In Dec 15, 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
• Stock Technical Indicators
• Stock Trends Analysis
• Market Sector Rank
• Stock Trading Signals
Archive
- 12/8/2017
Sign In to see current Signals.
iShares MSCI Italy Index
Subscribe to TheGreedyTrader Weekly Alerts
Summary:
Weekly :Williams' Percentage Range is overboughtTrend resistance at 31.37
Daily :Williams' Percentage Range is strongly overboughtPrice has crossed above the 50 Day Moving AverageThe price touches the upper Bollinger BandThe period of low volatility of the stock price
Move cursor over the icon to see details.

It was a first positive week for the iShares MSCI Italy Index (EWI). During the week, the EWI gained 0.49 points, or 1.59%, and closed at 31.35 on Friday, December 08, 2017. Weekly volume was -25% below average.

Long-term trend: [See EWI long-term trend chart]
A long-term uptrend had started on June 27, 2016 at 9.81 and reached 31.61 on September 22, 2017. EWI gained -21.80 points, or -222.22%, in 64 weeks. Price is near the trend high.

Medium-term trend: [See EWI medium-term trend chart]
A medium-term downtrend had started on September 22, 2017 at 31.61 and reached 30.25 on November 15, 2017. EWI lost 1.36 points, or 4.30%, in 7 weeks. The chart has formed a Broadening Descending Wedge chart pattern. The price is near the trend resistance line (31.37). The resistance is usually stronger when technical indicators are overbought. 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 resistance line in a medium-term trend.

Weekly Technical Indicators: [See EWI weekly technical indicators chart]
Weekly Williams' Percentage Range is overbought. Use the Technical Stock Screener to see the list of stocks with overbought weekly 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.

The weekly MACD line is below its signal line since February 17, 2017. This is an indication that the medium-term trend is down. The distance between MACD and the signal line is low, but getting bigger. It indicates that the current medium-term downtrend is getting stronger. Use the following link to access a MACD help.

Short-term trend: [See EWI short-term trend chart]
A short-term uptrend had started on November 15, 2017 at 30.25 and reached 31.40 on December 8, 2017. EWI gained -1.15 points, or -3.80%, in 23 days. Price is near the trend high.

Daily Technical Indicators: [See EWI daily technical indicators chart]
Daily Williams' Percentage Range is strongly overbought. Use the Technical Stock Screener to see the list of stocks with strongly overbought daily overbought Williams' Percentage Range.

The daily MACD line is above its signal line since November 22, 2017. This is an indication that the short-term trend is up.

The price touches the upper Bollinger Band. The distance between the Bollinger Bands is falling, and it was 3.19% on Friday. It is 50.74% lower than one year average. It indicates the period of low volatility of the stock price. 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.

During the last week, the price has advanced above the 50 Day Moving Average. While the medium-term trend is down and daily technical indicators are overbought, the 50 Day Moving Average is considered a resistance level. The moving average crossover signals work better when the stock develops a strong trend, but they are ineffective when the stock is in a trading range. Moving average crossover systems can be effective, but should be used in conjunction with trend patterns, momentum indicators, candlesticks and other aspects of technical analysis. Use the following links to access Moving Average Crossover trading technique, or use the Technical Stock Screener to see the list of stocks with the Moving Average close to the price level.

Daily Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 70.83
Williams' Percentage Range (W%R) 8.70
Strong Overbought
Lane's Stochastic (%D-Slow) 43.38
Greed/Fear Indicator (GFI) 68.51
Moving Average Converg./Diverg. (MACD) 0.00
Weekly Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 58.42
Williams' Percentage Range (W%R) 11.40
Overbought
Lane's Stochastic (%D-Slow) 41.96
Greed/Fear Indicator (GFI) 60.82
Moving Average Converg./Diverg. (MACD) 1.34
Trading Signals
Description Value Chart
Upper Bollinger Band 31.38
Monthly Trendline Resistance 31.37
Price 31.35
Daily Stochastic Crossing 31.03
50 Day Moving Average 30.89
20 Day Moving Average 30.76
Parabolic System 30.74
Weekly Stochastic Crossing 30.73
Lower Bollinger Band 30.37
Monthly Trendline Support 29.94
Sector and Industry
Description Name Rank
Sector
Industry
Daily Trend
Description Value
Direction Up
Chart Pattern Uptrend
Low 30.74
Low Date 12/01/2017
High 31.40
High Date 12/08/2017
Weekly Trend
Monthly Trend
Description Value
Direction Up
Chart Pattern Uptrend
Status
Resistance
Support
Low 30.25
Low Date 11/15/2017
High 31.40
High Date 12/08/2017
Description Value
Direction Down
Chart Pattern Broadening Descending Wedge
Status Test Resistance
Resistance 31.37
Support 29.94
High 31.61
High Date 09/22/2017
Low 30.25
Low Date 11/15/2017
Quarterly Trend
Yearly Trend
Description Value
Direction Up
Chart Pattern Uptrend
Status
Resistance
Support
Low 9.81
Low Date 06/27/2016
High 31.61
High Date 09/22/2017
Description Value
Direction Up
Chart Pattern Uptrend
Status
Resistance
Support
Low 9.21
Low Date 07/24/2012
High 31.61
High Date 09/22/2017
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.