Pulling the Curtain Back on EAFE ESG Optimized Ishares MSCI ETF (ESGD)

Wednesday, 16 May, 2018

iShares MSCI Turkey ETF (the Fund), formerly The iShares MSCI Turkey Investable Market Index Fund, is an exchange-traded fund (ETF). The CCI was created to typically stay within the reading of -100 to +100. The RSI oscillates on a scale from 0 to 100. A score of nine indicates a high value stock, while a score of one indicates a low value stock. The 14-day ADX presently sits at 14.57. In general, a company with a score closer to 0 would be seen as undervalued, and a score closer to 100 would indicate an overvalued company. 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.

Investors may be watching other technical indicators such as the Williams Percent Range or Williams %R. The Williams %R fluctuates between 0 and -100 measuring whether a security is overbought or oversold.

Taking a look at other technical levels, the 3-day RSI stands at 51.36, the 7-day sits at 51 and the 14-day (most common) is at 50.66.

The ETF's average P/E ratio is 13.27, the price to book is 1.78, the price to sales is 1.6 and the price to cashflow is 4.37. A reading between 0 and -20 would indicate an overbought situation. Alternately, if the indicator goes below -80, this may point to the stock being oversold. Currently, the 14-day ADX for Int Rate Hedged Corp Bond Ishares ETF (LQDH) is 17.35.

We can now take a quick look at some historical stock price index data. iShares, Inc. - iShares MSCI Hong Kong ETF (ARCA:EWH) presently has a 10 month price index of 1.13816. When charted, the RSI can serve as a visual means to monitor historical and current strength or weakness in a certain market. Aroon-based indicators do this by measuring price changes relative to time. ADX is charted as a line with values ranging from 0 to 100. Different time periods may be used when using the RSI indicator. On the other end, a stock with a score from 0-2 would be viewed as weak. The ATR is an indicator developed by J. Welles Wilder. If the Golden Cross is less than 1, then the 50 day moving average is below the 200 day moving average, indicating that the price might drop. Moving averages are a popular trading tool among investors. Moving averages can help identify trends and price reversals. MA's may be used to identify uptrends or downtrends, and they can be a prominent indicator for detecting a shift in momentum for a particular stock. Moving averages have the ability to be used as a powerful indicator for technical stock analysis. Fluctuations in the financial markets can have a big effect on shorter-term investments. Trying to predict the day to day movements of the stock market can be extremely hard. They may also be used to assist the trader figure out proper support and resistance levels for the stock. The volatility of today's markets can test the nerves of any investor.