Technical Analysis for EWA - iShares MSCI Australia Index Fund

Grade Last Price % Change Price Change
grade C 20.32 2.73% 0.54
EWA closed up 2.73 percent on Friday, June 5, 2020, on 1.49 times normal volume. Its advance stalled at its 200 day moving average, an important long-term support / resistance line. The price action carved out a bearish shooting star candlestick pattern. That may indicate a downside reversal. Look for price to trade beneath the low of the shooting star for confirmation. Note that the stock is in overbought territory based on its Slow Stochastic indicator (14, 3, 3) -- sideways movement or a pullback should not be unexpected.

Trend Table & Recent Signals

ADX Long Term Intermediate Term Short Term
Weak or Absent Down Up Up
Historical EWA trend table...

Date Alert Name Type % Chg
200 DMA Resistance Bearish 0.00%
Shooting Star Candlestick Bearish 0.00%
Stochastic Sell Signal Bearish 0.00%
Lizard Bearish Bearish Day Trade Setup 0.00%
Doji - Bearish? Reversal 0.00%
Upper Bollinger Band Walk Strength 0.00%
Above Upper BB Strength 0.00%
Gapped Up Strength 0.00%
Overbought Stochastic Strength 0.00%
Shooting Star Candlestick Bearish 2.73%

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Profile

The investment seeks investment results that correspond generally to the price and yield performance, before fees and expenses, of the MSCI Australia Index. The fund generally invests at least 90% of its assets in the securities of its underlying index and in depositary receipts ("DRs") representing securities in its underlying index. The underlying index consists of stocks traded primarily on the Australian Stock Exchange. Components primarily include consumer staples, financial and materials companies. The fund is non-diversified.
Exchange Traded Fund ETF Exchange Traded Funds Index Fund Security Index

Is EWA a Buy, Sell or Hold?

Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength

Indicators

Indicator Value
52 Week High 23.54
52 Week Low 12.73
Average Volume 3,238,418
200-Day Moving Average 20.54
50-Day Moving Average 16.85
20-Day Moving Average 17.91
10-Day Moving Average 18.85
Average True Range 0.52
ADX 20.89
+DI 54.42
-DI 19.41
Chandelier Exit (Long, 3 ATRs ) 18.99
Chandelier Exit (Short, 3 ATRs ) 17.69
Upper Bollinger Band 20.24
Lower Bollinger Band 15.58
Percent B (%b) 1.02
BandWidth 26.05
MACD Line 0.83
MACD Signal Line 0.57
MACD Histogram 0.2633
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 20.73
Resistance 3 (R3) 20.76 20.65 20.66
Resistance 2 (R2) 20.65 20.55 20.64 20.63
Resistance 1 (R1) 20.49 20.49 20.57 20.46 20.61
Pivot Point 20.38 20.38 20.43 20.37 20.38
Support 1 (S1) 20.22 20.28 20.30 20.19 20.03
Support 2 (S2) 20.11 20.22 20.10 20.01
Support 3 (S3) 19.95 20.11 19.98
Support 4 (S4) 19.92