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Uptrend SupportArchive - 4/4/2025 - Sign In to see current Signals. |
iShares MSCI EAFE Index (EFA) Technical Analysis
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| Summary:
| | Weekly :   | | Daily :    Move cursor over the icon to see details.
| | It was the negative week for the iShares MSCI EAFE Index (EFA). During the week, the EFA dropped -7.44 points, or -9.02%, and closed at 75.02 on Friday, April 4, 2025. Weekly volume was 89% above average.
Long-term trend: [See EFA long-term trend chart] A long-term uptrend had started on March 18, 2020 at 45.73 and reached 85.19 on March 19, 2025. EFA gained -39.46 points, or -86.29%, in 261 weeks. The chart has formed a Rising Wedge chart pattern. The uptrend support line (76.83) is broken. Usually a broken support is considered to be a long-term bearish signal, but since daily indicators are oversold a short-term pull back is possible. EFA may retest the broken support line. It is considered to be a resistance 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 support in a long-term trend.
Medium-term trend: [See EFA medium-term trend chart] A medium-term uptrend had started on October 13, 2022 at 54.61 and reached 85.19 on March 19, 2025. EFA gained -30.58 points, or -56.00%, in 126 weeks. The chart has formed a Rising Channel chart pattern. The price is near the trend support (75.61) 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 EFA weekly technical indicators chart] Weekly technical indicators are neutral. During the last week, weekly Lane's Stochastic signal line (%D) has moved below overbought area. Such crossover is considered a bearish 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 link to access Lane's Stochastic help. The weekly MACD line is above its signal line since February 7, 2025. This is an indication that the medium-term trend is up. Use the following link to access a MACD help.
Short-term trend: [See EFA short-term trend chart] A short-term downtrend had started on March 25, 2025 at 84.32 and reached 74.97 on April 4, 2025. EFA lost 9.35 points, or 11.09%, in 10 days. Price is near the trend low.
Daily Technical Indicators: [See EFA daily technical indicators chart] Daily Lane's Stochastic is oversold while Relative Strength Index is strongly oversold. Use the Technical Stock Screener to see the list of stocks with oversold daily Lane's Stochastic or strongly oversold daily Relative Strength Index. Use the following link to access Relative Strength Index help. The daily MACD line is below its signal line since March 20, 2025. This is an indication that the short-term trend is down. 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. During the last week, the price has crossed below the 50 Day Moving Average. While the medium-term trend is up and daily technical indicators are oversold, the 50 Day Moving Average is considered a support 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.
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