EWL's RSI Oscillator climbs out of oversold territory
The RSI Oscillator for EWL moved out of oversold territory on December 23, 2024. This could be a sign that the stock is shifting from a downward trend to an upward trend. Traders may want to buy the stock or call options. The A.I.dvisor looked at 31 similar instances when the indicator left oversold territory. In of the 31 cases the stock moved higher. This puts the odds of a move higher at .
Technical Analysis (Indicators)
Bullish Trend Analysis
The Momentum Indicator moved above the 0 level on January 03, 2025. You may want to consider a long position or call options on EWL as a result. In of 72 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are .
The Moving Average Convergence Divergence (MACD) for EWL just turned positive on January 03, 2025. Looking at past instances where EWL's MACD turned positive, the stock continued to rise in of 44 cases over the following month. The odds of a continued upward trend are .
Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where EWL advanced for three days, in of 321 cases, the price rose further within the following month. The odds of a continued upward trend are .
Bearish Trend Analysis
The Stochastic Oscillator has been in the overbought zone for 1 day. Expect a price pull-back in the near future.
The 50-day moving average for EWL moved below the 200-day moving average on December 23, 2024. This could be a long-term bearish signal for the stock as the stock shifts to an downward trend.
Following a 3-day decline, the stock is projected to fall further. Considering past instances where EWL declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .
General Information
Category Miscellaneous
| 1 Day | |||
|---|---|---|---|
| MFs / NAME | Price $ | Chg $ | Chg % |
| BMSSX | 14.58 | 0.07 | +0.48% |
| MFS Blended Research Mid Cap Eq R2 | |||
| VFWPX | 121.03 | 0.57 | +0.47% |
| Vanguard FTSE All-Wld ex-US Idx Ins Plus | |||
| BRSTX | 15.04 | 0.06 | +0.40% |
| MFS Blended Research Small Cap Eq R3 | |||
| EGWRX | 18.59 | 0.04 | +0.22% |
| Allspring Discovery Small Cap Gr R6 | |||
| JDINX | 45.22 | 0.05 | +0.11% |
| Janus Henderson Overseas N | |||
EWL and ETFs
Correlation & Price change
A.I.dvisor indicates that over the last year, EWL has been closely correlated with EWU. These tickers have moved in lockstep 77% of the time. This A.I.-generated data suggests there is a high statistical probability that if EWL jumps, then EWU could also see price increases.