IEFA Stock Tickeron detected bearish ETF Pattern: Dead Cat Bounce IEFA on November 05, 2024, netting in a 2.00% gain over 1 week

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IEFA - iShares Core MSCI EAFE ETF

Ticker: IEFA

Company: iShares Core MSCI EAFE ETF

Gain from shortening: +2%

Confirmed: 11/05/24

Succeeded: 11/12/24

Total length: 11 days

IEFA in downward trend: 10-day moving average crossed below 50-day moving average on October 22, 2024

The 10-day moving average for IEFA crossed bearishly below the 50-day moving average on October 22, 2024. This indicates that the trend has shifted lower and could be considered a sell signal. In of 17 past instances when the 10-day crossed below the 50-day, the stock continued to move higher over the following month. The odds of a continued downward trend are .

Technical Analysis (Indicators)

Bearish Trend Analysis

The Momentum Indicator moved below the 0 level on November 08, 2024. You may want to consider selling the stock, shorting the stock, or exploring put options on IEFA as a result. In of 85 cases where the Momentum Indicator fell below 0, the stock fell further within the subsequent month. The odds of a continued downward trend are .

IEFA moved below its 50-day moving average on October 21, 2024 date and that indicates a change from an upward trend to a downward trend.

Following a 3-day decline, the stock is projected to fall further. Considering past instances where IEFA declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .

The Aroon Indicator for IEFA entered a downward trend on November 15, 2024. This could indicate a strong downward move is ahead for the stock. Traders may want to consider selling the stock or buying put options.

Bullish Trend Analysis

The RSI Indicator entered the oversold zone -- be on the watch for IEFA's price rising or consolidating in the future. That's also the time to consider buying the stock or exploring call options.

The Stochastic Oscillator demonstrated that the ticker has stayed in the oversold zone for 2 days, which means it's wise to expect a price bounce in the near future.

Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where IEFA advanced for three days, in of 329 cases, the price rose further within the following month. The odds of a continued upward trend are .

IEFA may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options.