iShares MSCI Singapore ETF (EWS)

iShares MSCI Singapore ETF is trading at $31.20, down 1.08% on the session. The 50 day average sits at $33.31 and the 200 day at $30.17, which puts the stock in a uptrend. RSI is at 27.2, which reads as oversold, and MACD is bearish crossover. Volume is below average.

The nearest support is around $31.12 with resistance near $32.75, so that band frames the current range. Average daily movement is roughly $0.37, or about 1.2% of the share price, which is what any stop placement has to allow for. The overall health score of 58 out of 100 combines a trend score of 57, momentum of 35 and a risk score of 92.

The fund generally will invest at least 80% of its assets in the component securities of its underlying index and in investments that have economic characteristics that are substantially identical to the component securities of its underlying index. The index is designed to measure the performance of the large- and mid-capitalization segments of the equity market in Singapore. The underlying index uses a capping methodology that limits the weight of any single “group entity” to a maximum of 25% of the underlying index weight. The fund is non-diversified.