|
|
Downtrend Broken Resist.Archive
- 2/14/2025 -
Sign In to see current Signals. |
iShares MSCI EAFE Index (EFA) Technical Analysis
|
 |
| Summary:
| | Weekly :  | | Daily :
Move cursor over the icon to see details.
| | It was a fifth consecutive positive week for the iShares MSCI EAFE Index (EFA). During the week, the EFA gained 2.32 points, or 2.91%, and closed at 81.93 on Friday, February 14, 2025. Weekly volume was -7% below average.
 Long-term trend: [See EFA long-term trend chart]
A long-term uptrend had started on October 13, 2022 at 54.61 and reached 84.56 on September 27, 2024. EFA gained -29.95 points, or -54.84%, in 102 weeks. The chart has formed a Rising Channel chart pattern. The trend support level is at 75.38 and resistance is at 87.73. A Rising Channel represents price movement contained between parallel lower (support) and upper (resistance) trend lines. Trading Channeling stocks is one of the most reliable and accurate trading techniques that provide traders with precise entry and exit points as well as stop-losses and take-profit recommendations. Use the following link to access a Rising Channel chart pattern help, or use a Technical Stock Screener to see the list of stocks with Rising Channel pattern in a long-term trend.
 Medium-term trend: [See EFA medium-term trend chart]
A medium-term downtrend had started on September 27, 2024 at 84.56 and reached 74.24 on January 13, 2025. EFA lost 10.32 points, or 12.20%, in 15 weeks. The chart has formed a Falling Channel chart pattern. The downtrend resistance line (72.45) is broken. Usually a broken resistance is considered to be a long-term bullish signal, but since daily indicators are overbought a short-term pull back is possible. EFA may retest the broken resistance line. It is considered to be a support line now. 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 medium-term trend.
 Weekly Technical Indicators: [See EFA weekly technical indicators chart]
Weekly technical indicators are neutral.
During the last week, weekly MACD line has moved above its signal line. Such crossover is considered a bullish signal. Use the following link to access a MACD help.
 Short-term trend: [See EFA short-term trend chart]
A short-term uptrend had started on February 3, 2025 at 77.65 and reached 82.35 on February 14, 2025. EFA gained -4.70 points, or -6.05%, in 11 days. The price is now at the 8.94% retracement level.
 Daily Technical Indicators: [See EFA daily technical indicators chart]
Daily Williams' Percentage Range and Lane's Stochastic are strongly overbought. Use the Technical Stock Screener to see the list of stocks with strongly overbought daily overbought Williams' Percentage Range and Lane's Stochastic. Daily MACD has bearish divergence. Use the following links to access the MACD help, or use the Technical Stock Screener to see the list of stocks with daily MACD bearish divergence. The divergence between price and indicator is considering one of the most important buy/sell stocks trading signal. 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 daily MACD line is above its signal line since January 14, 2025. This is an indication that the short-term trend is up.
The price touches the upper Bollinger Band. 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.
| |
|
|