Technical Analysis for HEEM - iShares Currency Hedged MSCI Emerging Markets ETF

Grade Last Price % Change Price Change
grade A 27.495 0.97% 0.27
HEEM closed up 0.97 percent on Wednesday, August 5, 2020, on 48 percent of normal volume. The stock exhibited some range contraction during this trading session as price made an NR7 -- narrowest range of the last seven sessions. The bulls were able to push the stock to a new 52-week high. 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. Due to the stock's strong uptrend, it may remain overbought for a while. So, if you're looking for a reason to sell, don't put too much weight on it being overbought.

Trend Table & Recent Signals

ADX Long Term Intermediate Term Short Term
Strong Up Up Up
Historical HEEM trend table...

Date Alert Name Type % Chg
Shooting Star Candlestick Bearish 0.00%
Lizard Bearish Bearish Day Trade Setup 0.00%
Gilligan's Island Sell Setup Bearish Swing Setup 0.00%
New 52 Week Closing High Bullish 0.00%
Bollinger Band Squeeze Range Contraction 0.00%
Narrow Range Bar Range Contraction 0.00%
NR7 Range Contraction 0.00%
Doji - Bearish? Reversal 0.00%
New 52 Week High Strength 0.00%
Stochastic Reached Overbought Strength 0.00%

Get this analysis on your stocks daily!

Let us help you stay on top of your investments. We will alert you to important technical developments on your portfolio & watchlist.

Profile

The investment seeks to track the investment results of the MSCI Emerging Markets 100% Hedged to USD Index. The index composed of large- and mid-capitalization emerging market equities while mitigating exposure to fluctuations between the value of the component currencies and the U.S. dollar. The fund generally invests at least 80% of its assets in securities of the index and in depositary receipts representing securities of the index, including foreign currency forward contracts designed to hedge against non-U.S. currency fluctuations. The fund is non-diversified.
Exchange Traded Fund ETF Exchange Traded Funds Msci International Em Price Index Usd Real Time Betashares Hedge Emerging Market Market Risk

Is HEEM 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 27.585
52 Week Low 18.03
Average Volume 28,344
200-Day Moving Average 24.87
50-Day Moving Average 25.63
20-Day Moving Average 26.79
10-Day Moving Average 26.93
Average True Range 0.38
ADX 29.9
+DI 43.36
-DI 20.33
Chandelier Exit (Long, 3 ATRs ) 26.44
Chandelier Exit (Short, 3 ATRs ) 27.32
Upper Bollinger Band 27.34
Lower Bollinger Band 26.24
Percent B (%b) 1.14
BandWidth 4.10
MACD Line 0.44
MACD Signal Line 0.46
MACD Histogram -0.0186
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 27.63
Resistance 3 (R3) 27.65 27.62 27.61
Resistance 2 (R2) 27.62 27.58 27.61 27.60
Resistance 1 (R1) 27.56 27.56 27.54 27.54 27.59
Pivot Point 27.53 27.53 27.52 27.52 27.53
Support 1 (S1) 27.47 27.49 27.45 27.45 27.40
Support 2 (S2) 27.44 27.47 27.43 27.39
Support 3 (S3) 27.38 27.44 27.38
Support 4 (S4) 27.36