Published: Mon, April 16, 2018
Worldwide | By Isabel Fisher

IShares MSCI Singapore ETF (EWS) Rises 0.63% for April 15


Drilling into the technicals for South Africa Index MSCI Ishares (EZA), we have noticed that the Relative Momentum Indicator, or RMI, has been trending higher over the past week. When this occurs, traders will be watching closely to see if the price breaks through a key level into overbought territory. Generally, the RSI is considered to be oversold when it falls below 30 and overbought when it heads above 70. Presently, the 14-day ATR for Brookfield Real Assets Income Fund Inc (RA) is spotted at 0.16.

A commonly used tool among technical stock analysts is the moving average. The RSI was developed by J. Welles Wilder, and it oscillates between 0 and 100.

Some investors may find the Williams Percent Range or Williams %R as a helpful technical indicator.

Blackrock Latin American Investment Trus (BRLA.L)'s Williams Percent Range or 14 day Williams %R now sits at -34.78. The Williams %R is similar to the Stochastic Oscillator except it is plotted upside-down. On Wednesday, January 10 the stock of ETFS-E Fund MSCI China A GO ETF (NASDAQ:CASH) earned "Buy" rating by FBR Capital. If the indicator travels under -80, this may signal that the stock is oversold. Using the CCI as a leading indicator, technical analysts may use a +100 reading as an overbought signal and a -100 reading as an oversold indicator, suggesting a trend reversal. The ADX measures the strength or weakness of a particular trend. Many traders will use the ADX in combination with other indicators in order to help formulate trading strategies. They may also be used to assist the trader figure out proper support and resistance levels for the stock. The 14-day ADX for DB X-Trackers Dbx S&P Global In (XSGI.L) is now at 26.03. In general, an ADX value from 0-25 would indicate an absent or weak trend. A value of 25-50 would indicate a strong trend. A value of 50-75 would identify a very strong trend, and a value of 75-100 would lead to an extremely strong trend.


Active traders have a wide variety of technical indicators at their disposal for completing technical stock analysis. A CCI reading above +100 would imply that the stock is overbought and possibly ready for a correction.

NASDAQ:AAXJ traded down $0.75 during mid-day trading on Friday, reaching $77.09. The 14-day RSI for Eastern Co (EML) is now at 55.78, the 7-day stands at 54.83, and the 3-day is sitting at 62.07. The RSI is considered to be an internal strength indicator, not to be confused with relative strength which is compared to other stocks and indices. Values can range from 0 to -100. When the RSI line moves up, the stock may be experiencing strength. The time horizon for each investor may be different. The RSI may be more volatile using a shorter period of time. Many investors will be keeping a watchful eye on the next round of company earnings reports. One analyst has rated the stock with a sell rating, one has issued a hold rating and three have issued a buy rating to the stock.

Taking a peek at some Moving Averages, the 200-day is at 27.74, and the 50-day is 27.12.

Like this: