Published: Wed, November 15, 2017
Business | By Max Garcia

A Chartists Perspective on EAFE Min Volatility MSCI Ishares (EFAV)

A Chartists Perspective on EAFE Min Volatility MSCI Ishares (EFAV)

Adding a sixth ratio, shareholder yield, we can view the Value Composite 2 score which is now sitting at 58. A CCI reading above +100 would imply that the stock is overbought and possibly ready for a correction.

Let's take a further look at the Average Directional Index or ADX. ADX is used to gauge trend strength but not trend direction. 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. More interesting news about iShares Dow Jones US Industrial (ETF) (BATS:IYJ) were released by: Seekingalpha.com and their article: "Will Junk Bond Weakness Collapse The Stock Market?" published on November 13, 2017 as well as Nasdaq.com's news article titled: "ETF Preview: ETFs, Stocks Mixed as Investors Eye Earnings" with publication date: November 06, 2017.

iShares Select Dividend ETF, formerly iShares Dow Jones Select Dividend Index Fund (the Fund), is an exchange-traded fund. Many technical chart analysts believe that an ADX value over 25 would suggest a strong trend. A reading under 20 would indicate no trend, and a reading from 20-25 would suggest that there is no clear trend signal. Used as a coincident indicator, the CCI reading above +100 would reflect strong price action which may signal an uptrend. Following moving averages with different time frames may help offer a wide variety of stock information. The Price Range 52 Weeks is one of the tools that investors use to determine the lowest and highest price at which a stock has traded in the previous 52 weeks. They may also take a deeper look into which sectors have been the best performers over the same time frame. The current 50-day Moving Average is 49.82, the 200-day Moving Average is 45.06, and the 7-day is noted at 49.85.

Investors may be trying to find stocks that are building momentum.

At the time of writing, the 14-day ADX for Argentina Index MSCI Ishares (AGT) is 22.75. The CCI may be used to spot if a stock is entering overbought (+100) and oversold (-100) territory. The CCI was created to typically stay within the reading of -100 to +100. A score of nine indicates a high value stock, while a score of one indicates a low value stock. On the flip side, if the indicator goes under -80, this may signal that the stock is oversold.

Technical traders have a large inventory of technical indicators they may use when doing technical stock analysis. The current 14-day RSI is presently sitting at 63.39, the 7-day is 47.11, and the 3-day is 15.53. The CCI technical indicator can be used to help determine if a stock is overbought or oversold. The RSI may be useful for spotting abnormal price activity and volatility. Checking on another technical indicator, the 14-day RSI is now sitting at 52.11.

The Money Flow Indicator for Argentina Index MSCI Ishares (AGT) has touched above 60 and has found a place on investor's radar as it potentially nears the key 70 mark. RSI measures the magnitude and velocity of directional price movements. 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. Using a scale from 0 to 100, a lower score would represent an undervalued company and a higher score would indicate an expensive or overvalued company. Simply put, the ATR determines the volatility of a security over a given period of time, or the tendency of the security to move one direction or another.

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