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iShares MSCI Emerg Mkts Index (EEM) |
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| Summary:
| | Weekly : | | Daily :
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| | It was the negative week for the iShares MSCI Emerg Mkts Index (EEM). During the week, the EEM gave back -0.33 points, or -0.83%, and closed at 39.54 on Friday, August 16, 2019. Weekly volume was 11% above average.
 Long-term trend: [See EEM long-term trend chart]
A long-term downtrend had started on January 26, 2018 at 52.08 and reached 37.58 on October 29, 2018. EEM lost 14.50 points, or 27.84%, in 39 weeks. The chart has formed a Symmetric Triangle chart pattern. The downtrend support line (40.65) 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 long-term trend.
 Medium-term trend: [See EEM medium-term trend chart]
A medium-term downtrend had started on April 17, 2019 at 44.84 and reached 38.72 on August 14, 2019. EEM lost 6.12 points, or 13.65%, in 17 weeks. The price is now at the 13.40% retracement level.
 Weekly Technical Indicators: [See EEM weekly technical indicators chart]
Weekly Williams' Percentage Range is oversold. Use the Technical Stock Screener to see the list of stocks with weekly 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.
The weekly MACD line is below its signal line since July 26, 2019. This is an indication that the medium-term trend is down. Use the following link to access a MACD help.
Short-term trend: [See EEM short-term trend chart]
A short-term downtrend had started on July 1, 2019 at 43.74 and reached 38.72 on August 14, 2019. EEM lost 5.02 points, or 11.48%, in 44 days. The price is now at the 16.33% retracement level.
Daily Technical Indicators: [See EEM daily technical indicators chart]
Daily Williams' Percentage Range is oversold. Use the Technical Stock Screener to see the list of stocks with daily oversold Williams' Percentage Range.
The daily MACD line is below its signal line since July 9, 2019. This is an indication that the short-term trend is down.
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