|
Advanced TA SearchArchive - 10/11/2024 - Sign In to see current Signals. |
iShares MSCI Pacific ex-Japan (EPP) Technical Analysis
|
|
| Summary:
| | Weekly : | | Daily : Move cursor over the icon to see details.
| | It was the negative week for the iShares MSCI Pacific ex-Japan (EPP). During the week, the EPP gave back -0.48 points, or -0.99%, and closed at 48.10 on Friday, October 11, 2024. Weekly volume was -11% below average. Long-term trend: [See EPP long-term trend chart] A long-term downtrend had started on June 4, 2021 at 53.97 and reached 36.63 on October 13, 2022. EPP lost 17.34 points, or 32.13%, in 70 weeks. The chart has formed a Symmetric Triangle chart pattern. The downtrend resistance line (39.36) 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 long-term trend. Medium-term trend: [See EPP medium-term trend chart] A medium-term uptrend had started on August 5, 2024 at 40.76 and reached 49.29 on October 2, 2024. EPP gained -8.53 points, or -20.93%, in 8 weeks. The chart has formed a Rising Channel chart pattern. The price is near the trend support (48.27) 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 EPP weekly technical indicators chart] Weekly Lane's Stochastic is strongly overbought. Use the Technical Stock Screener to see the list of stocks with strongly overbought weekly overbought 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 above its signal line since August 23, 2024. This is an indication that the medium-term trend is up. The distance between MACD and the signal line is near its high, but getting smaller. It indicates that the current medium-term uptrend is still strong, and momentum is beginning to wane. Use the following link to access a MACD help. Short-term trend: [See EPP short-term trend chart] A short-term downtrend had started on October 2, 2024 at 49.29 and reached 47.37 on October 9, 2024. EPP lost 1.92 points, or 3.90%, in 7 days. Price is near the Fibonacci 38.2% retracement level. The Fibonacci retracement level is considered a support/resistance level. Daily Technical Indicators: [See EPP daily technical indicators chart] Daily technical indicators are neutral. During the last week, daily Lane's Stochastic signal line (%D) has moved below overbought area. Such crossover is considered a bearish signal. During the last week, daily MACD line has moved below its signal line. Such crossover is considered a bearish signal. During the last week, the price has fallen below the Parabolic SAR (stop and reversal). A Parabolic SAR above the price is a bearish signal, and it indicates that momentum is likely to remain in the downward 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.
| |
|
|