The Greedy Trader Weekly Analysis
Sign In Sep 13, 2019
Skip Navigation Links
   Home
   AnalysisExpand    Analysis
   AlertsExpand    Alerts
   Stock PickExpand    Stock Pick
   MembersExpand    Members
   ResourcesExpand    Resources
   About UsExpand    About Us
Number of records: 0
Symbol:  

• Symbol Lookup
• View Technical Chart
• Add to Watch List
• Candlestick Patterns - N/A
• Stock Technical Indicators
• Stock Trends Analysis
• Market Sector Rank
• Stock Trading Signals

iShares MSCI France Index (EWQ)

Subscribe to TheGreedyTrader Weekly Alerts
Summary:
Weekly :Broken trend support lineTrend resistance at 30.59
Daily :Lane's Stochastic is overboughtWilliams' Percentage Range is strongly overboughtPrice has crossed above the 50 Day Moving Average
Move cursor over the icon to see details.

It was a third consecutive positive week for the iShares MSCI France Index (EWQ). During the week, the EWQ gained 0.59 points, or 2.00%, and closed at 30.08 on Friday, September 6, 2019. Weekly volume was 26% above average.

Long-term trend: [See EWQ long-term trend chart]
A long-term downtrend had started on January 26, 2018 at 33.73 and reached 25.53 on December 26, 2018. EWQ lost 8.20 points, or 24.31%, in 47 weeks. The chart has formed a Broadening Descending Wedge chart pattern. The price is near the trend resistance line (30.59). The resistance is usually stronger when technical indicators are overbought. 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 resistance line in a long-term trend.

Medium-term trend: [See EWQ medium-term trend chart]
A medium-term uptrend had started on December 26, 2018 at 25.53 and reached 31.34 on April 22, 2019. EWQ gained -5.81 points, or -22.76%, in 16 weeks. The chart has formed a Rising Pennant chart pattern. The uptrend support line (30.81) is broken. A broken support is considered to be a long-term bearish 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 support in a medium-term trend.

Weekly Technical Indicators: [See EWQ weekly technical indicators chart]
Weekly technical indicators are neutral.

The weekly MACD line is below its signal line since July 26, 2019. Use the following link to access a MACD help.

Short-term trend: [See EWQ short-term trend chart]
A short-term downtrend had started on April 22, 2019 at 31.34 and reached 28.28 on August 15, 2019. EWQ lost 3.06 points, or 9.76%, in 115 days. The chart has formed a Falling Channel chart pattern. The trend support level is at 28.24 and resistance is at 30.57. A Falling 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 Falling Channel chart pattern help, or use a Technical Stock Screener to see the list of stocks with Falling Channel pattern in a short-term trend.

Daily Technical Indicators: [See EWQ daily technical indicators chart]
Daily Lane's Stochastic is overbought while Williams' Percentage Range is strongly overbought. Use the Technical Stock Screener to see the list of stocks with overbought daily Lane's Stochastic or strongly overbought daily 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 links to access Lane's Stochastic and Williams' Percentage Range help.

The daily MACD line is above its signal line since August 20, 2019. The distance between MACD and the signal line is relatively high and getting bigger.

During the last week, the price has advanced above the 50 Day Moving Average. Such crossover is considered a bullish signal. 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.

Daily Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 71.43
Williams' Percentage Range (W%R) 8.00
Strong Overbought
Lane's Stochastic (%D-Slow) 82.99
Overbought
Greed/Fear Indicator (GFI) 82.14
Overbought
Moving Average Converg./Diverg. (MACD) -0.12
Weekly Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 59.44
Williams' Percentage Range (W%R) 39.90
Lane's Stochastic (%D-Slow) 30.74
Greed/Fear Indicator (GFI) 46.69
Moving Average Converg./Diverg. (MACD) 0.13
Trading Signals
Description Value Chart
Monthly Trendline Support 30.81
Monthly Trendline Resistance 30.66
Quarterly Trendline Resistance 30.59
Weekly Trendline Resistance 30.57
Upper Bollinger Band 30.32
Price 30.08
Daily Stochastic Crossing 30.03
50 Day Moving Average 29.81
20 Day Moving Average 29.19
Weekly Stochastic Crossing 29.11
Parabolic System 29.02
Lower Bollinger Band 28.55
Weekly Trendline Support 28.24
Sector and Industry
Description Name Rank
Sector
Industry
Daily Trend
Description Value
Direction Down
Chart Pattern DownTrend
High 30.98
High Date 07/03/2019
Low 28.28
Low Date 08/15/2019
Weekly Trend
Monthly Trend
Description Value
Direction Down
Chart Pattern Falling Channel
Status Valid
Resistance 30.57
Support 28.24
High 31.34
High Date 04/22/2019
Low 28.28
Low Date 08/15/2019
Description Value
Direction Up
Chart Pattern Rising Pennant
Status Broken Support
Resistance 30.66
Support 30.81
Low 25.53
Low Date 12/26/2018
High 31.34
High Date 04/22/2019
Quarterly Trend
Yearly Trend
Description Value
Direction Down
Chart Pattern Broadening Descending Wedge
Status Test Resistance
Resistance 30.59
Support 22.10
High 33.73
High Date 01/26/2018
Low 25.53
Low Date 12/26/2018
Description Value
Direction Up
Chart Pattern Uptrend
Status
Resistance
Support
Low 21.00
Low Date 06/27/2016
High 33.73
High Date 01/26/2018
Warning: TheGreedyTrader.com presents weekly analysis. Technical indicators and trend parameters are calculated for the close of business day indicated on the top right corner of the screen.

Copyright© 2004-2018 All rights reserved.