Technicals in Focus: Tracking Shares of Belgium Index MSCI Ishares (EWK)

Andrew Cummings
November 15, 2017

Paragon Capital Management Ltd grew its holdings in iShares MSCI Japan ETF (NYSEARCA:EWJ) by 3.3% in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). As you can see by the chart below, the Tenkan Line is quite different than a 9SMA.

Taking a peek at some Moving Averages, the 200-day is at 32.05, and the 50-day is 33.26. EV can help investors gain a truer sense of whether a company is undervalued or not. Moving averages are considered to be lagging indicators that simply take the average price of a stock over a certain period of time. Investors and traders may be looking to figure out if a stock is trending before employing a specific trading strategy. Seeking professional advice may be one avenue to pursue, but it is usually a good idea to know exactly what holdings are in the portfolio at all times, as markets can move quickly and without notice. Zooming in closer, company stock has been 5.83% for the quarter, 2.33% over the past month, and -0.14% over the past week.

The ETF is 1.04% of its 52-Week High and 40.08% of its low, and is now having ATR of 1.6.


Investors may be studying other technical indicators like the Williams Percent Range or Williams %R.

iShares, Inc. - iShares MSCI Singapore Capped ETF (ARCA:EWS) has a current MF Rank of 9525. The RSI operates in a range-bound area with values between 0 and 100. A reading between 0 and -20 would indicate an overbought situation.

Stock volatility is a percentage that indicates whether a stock is a desirable purchase. Using the ADX with the Plus Directional Indicator (+DI) and Minus Directional Indicator (-DI) may help determine the direction of the trend as well as the overall momentum. The ADX alone measures trend strength but not direction. Many traders will use the ADX alongside other indicators in order to help spot proper trading entry/exit points. RSI can be used to help spot overbought or oversold conditions. The Piotroski F-Score of iShares Trust - iShares China Large-Cap ETF (ARCA:FXI) is 4. A company with a value of 0 is thought to be an undervalued company, while a company with a value of 100 is considered an overvalued company. Dedicated investors may be looking to employ another tool for doing technical stock analysis.


iShares MSCI Emerging Markets ETF, formerly iShares MSCI Emerging Markets Index Fund (the Fund), seeks investment results that correspond generally to the price and yield performance of publicly traded equity securities in global emerging markets, as measured by the MSCI Emerging Markets Index (the Index). If the indicator travels under -80, this may signal that the stock is oversold.

Market watchers may also be following some quality ratios for iShares Trust - iShares Europe ETF (ARCA:IEV). The Relative Strength Index (RSI) is a momentum oscillator that measures the speed and change of stock price movements. As a general rule, an RSI reading over 70 would signal overbought conditions. More interesting news about iShares Morningstar Small Value (ETF) (NYSEARCA:JKL) were released by: Time.com and their article: "The 50 Best Mutual Funds and ETFs, Period" published on January 24, 2017 as well as Etfdb.com's news article titled: "11 Takeaways From the 2017 Morningstar ETF Conference" with publication date: September 07, 2017.


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