|
|
Archive
- 11/8/2024 -
Sign In to see current Signals. |
iShares MSCI EMU Index (EZU) Technical Analysis
|
 |
| Summary:
| | Weekly : | | Daily :
Move cursor over the icon to see details.
| | It was the negative week for the iShares MSCI EMU Index (EZU). During the week, the EZU dropped -0.92 points, or -1.86%, and closed at 48.53 on Friday, November 8, 2024. Weekly volume was -15% below average.
 Long-term trend: [See EZU long-term trend chart]
A long-term uptrend had started on October 13, 2022 at 31.14 and reached 53.06 on September 27, 2024. EZU gained -21.92 points, or -70.39%, in 102 weeks. The chart has formed a Rising Channel chart pattern. The trend support level is at 46.66 and resistance is at 56.08. 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 EZU medium-term trend chart]
A medium-term uptrend had started on August 5, 2024 at 46.35 and reached 53.06 on September 27, 2024. EZU gained -6.71 points, or -14.48%, in 7 weeks. The chart has formed a Rising Wedge chart pattern. The uptrend support line (53.46) 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. EZU 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 medium-term trend.
 Weekly Technical Indicators: [See EZU weekly technical indicators chart]
Weekly technical indicators are neutral.
The weekly MACD line is below its signal line since October 18, 2024. Use the following link to access a MACD help.
 Short-term trend: [See EZU short-term trend chart]
A short-term downtrend had started on September 27, 2024 at 53.06 and reached 48.23 on November 6, 2024. EZU lost 4.83 points, or 9.10%, in 40 days. The chart has formed a Falling Channel chart pattern.
 Daily Technical Indicators: [See EZU 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. 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 daily MACD line is below its signal line since October 2, 2024. This is an indication that the short-term trend is down. The distance between MACD and the signal line is low, but getting bigger. It indicates that the current short-term downtrend is getting stronger.
The price touches the lower 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.
| |
|
|