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Trend Indicator Watch on This Stock: Canada Index MSCI Ishares (EWC)

06 October 2017

Looking at a chart of one year performance (below), EWW's low point in its 52 week range is $41.23 per share, with $57.82 as the 52 week high point - that compares with a last trade of $53.93. iShares MSCI Mexico Capped shares are now trading off about 1.1% on the day. The NYSE listed company saw a recent bid of 33.83 and 75764 shares have traded hands in the session. Earnings Yield helps investors measure the return on investment for a given company. A ratio over 1 indicates that the market is willing to pay more for the shares. Trading the stock market can indeed be exhilarating, but it can also cause lots of strife. Creating a winning portfolio might only be a few sharp trades away. Investors who prepare themselves for any scenario should be in a much better place than those who don't.

Ishares Edge MSCI Multifact EAFE ETF (XFI.TO) presently has a 14-day Commodity Channel Index (CCI) of 116.35. The Williams %R fluctuates between 0 and -100 measuring whether a security is overbought or oversold. A bullish investor could look at EWW's 29.5 reading as a sign that the recent heavy selling is in the process of exhausting itself, and begin to look for entry point opportunities on the buy side. A CCI reading of +100 may represent overbought conditions, while readings near -100 may indicate oversold territory. The Williams %R was developed by Larry Williams. CCI is an indicator used in technical analysis that was designed by Donald Lambert.

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Mastec Inc (MTZ) now has a 14-day Commodity Channel Index (CCI) of 4.29. Used as a coincident indicator, the CCI reading above +100 would reflect strong price action which may signal an uptrend. When the price is trending to the upside, the dots are below the price action and when the price is trending to the downside, the dots are above the price action. Following multiple time frames using moving averages can help investors figure out where the stock has been and help determine where it may be possibly going.

The MESA Adaptive Moving Average is a technical trend-following indicator which adapts to price movement "based on the rate change of phase as measured by the Hilbert Transform Discriminator". The ATR is an indicator developed by J. Welles Wilder. The RSI may be useful for spotting abnormal price activity and volatility. Normal oscillations tend to stay in the range of -100 to +100. In general, if the reading goes above -20, the stock may be considered to be overbought. Technical traders may be watching the reading to gauge bullish momentum on the stock. Alternately, if the indicator goes under -80, this may show the stock as being oversold. Taking a glance at the relative strength indictor, we note that the 14-day RSI is now at 62.11, the 7-day stands at 63.00, and the 3-day is sitting at 62.07. Many technical chart analysts believe that an ADX reading over 25 would suggest a strong trend. A level of 25-50 would indicate a strong trend. The ADX is typically used in conjunction with the Plus Directional Indicator (+DI) and Minus Directional Indicator (-DI) to help spot trend direction as well as trend strength.

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When looking at technical analysis, one of the leading concepts is that of the trend.

Checking in on moving averages, the 200-day is at 1708.27, the 50-day is 1800.64, and the 7-day is sitting at 1785.71. The moving average is a popular tool among technical stock analysts. 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. Many traders will use the ADX in combination with other indicators in order to help formulate trading strategies.

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