Austria ETF EWO

Austria ETF closed down by -1.08% to 23.83 on 23 January 2021 and +-2.38% on a weekly basis. Austria ETF momentum was last calculated at +100.0/100 indicating positive momentum. Austria ETF trend is +75.0/100 indicating a positive trend. Austria ETF momentum exhaustion is 1.71955 indicating Austria ETF is oversold.Austria ETF RSI is 74.5011 .

Austria ETF EWO Chart

Austria ETF EWO

Austria ETF EWO Statistics

MacroVar multi-factor statistical models monitor financial factors which are used to analyze and predict the Austria ETF. Click here to explore the financial factors monitored and their current signals.

Click here to explore the methodology used for estimating the Austria ETF trading signals presented in the Austria ETF statistics table.

SecuritySymbolLastMomentumTrendOscillatorRSI1D%1W%1M%1Y%
Austria ETFEWO23.8310.751.7195574.5011-1.08-2.382.58-0.02958

Austria ETF closed at 23.83 on 23 January 2021. Austria ETF trend was last calculated at +75.0/100 (range: -100 to +100) indicating a positive trend based on MacroVar models. Austria ETF momentum was last calculated at +100.0/100 (range: -100 to +100) indicating positive momentum. Austria ETF momentum exhaustion is 1.71955 (normal range: -2.5 to +2.5, overbought values: greater than 2.5, oversold values: less than 2.5) indicating Austria ETF is oversold and a possible reversal is imminent. Austria ETF RSI was last calculated at 74.5011. Austria ETF moving averages were last recorded as follows: 1-month moving average: 19.473 in an uptrend , 1-quarter moving average: 17.3923 in an uptrend and 1-year moving average: 16.1927 in a downtrend. Austria ETF annual return was last recorded at None%, daily return was last recorded at -1.08%, and weekly return was last recorded at -2.38%. Austria ETF histrorical 20-day volatility was last recorded at 15.4556%, Austria ETF alpha None, Austria ETF beta None and Austria ETF maximum drawdown was recorded at None%. MacroVar models monitor Austria ETF statistics based on historical data since 1970.

Austria ETF EWO News

Austria ETF Factors

Austria ETF

FactorSymbolLast ValuePredicted ValueR2MacroVar Signal
Austria PMI vs ETFAT.FACT.ETFPMI18.7155.9726-1.31815
Austria ESI vs ETFAT.FACT.ETFESI14.4174.7939-1.06757

Austria ETF related Indicators

Austria ETF

SecurityTypeSymbolLastMomentumTrendOscillatorRSI1D%1W%1M%1Y%
ATXStock IndexATX3404.2810.750.9753672.5094-1.02-0.874.34-0.13901
Austria PMI vs ETFETF vs PMI FactorAT.FACT.ETFPMI18.71
Austria ESI vs ETFETF vs ESI FactorAT.FACT.ETFESI14.41

Austria Markets

MarketSymbolLastMomTrendExhRSI1D%1W%1M%1Y%
ATXATX3404.2810.750.9753672.5094-1.02-0.874.34-0.13901
Austria ETFEWO23.8310.751.7195574.5011-1.08-2.382.58-0.02958
Austria 10-Year Bond YieldAT.10Y-0.171-1-0.098141.345650.44-374.19-1645.451.3641
Austria 5-Year Bond YieldAT.5Y-0.571-1-1.2334939.097811.3341.4437.350.36882
Austria 2-year bond yieldAT.2Y-0.680-0.75-1.2567444.02413.3410.9310.030.24343
Austria Yield CurveAT.YC0.52-1-0.75-0.0810149.096-4.59-17.72-21.57-0.3775
Austria Credit Default SwapsCDS.Austria1000-0.5800949.2474-2.4405.26-0.25179

Austria Economic Indicators

IndicatorActualPreviousM/M%Y/Y%TrendSlopeZS5YUpdate
balance of trade-887-899-0.01334826.5812-1.0-1.00.9666672021-04-30
bank lending rate1.641.620.01234570.006134971.01.00.7333332021-05-31
banks balance sheet824656862612-0.04400120.366492-1.01.002015-01-31
building permits1987623919-0.169029-0.006448391.0-1.002020-10-01
business confidence20.314.30.41958-21.01.00.152021-06-30
capacity utilization87.182.20.0596107-0.01803831.0-1.00.252021-04-01
capital flows2815-1601-2.75828-0.5589161.0-1.00.5166672021-03-31
car registrations45311369890.2249860.1603331.01.00.9166672021-06-30
central bank balance sheet2575352494340.03247750.2383341.01.00.82021-06-30
consumer confidence-2-2.3-0.130435-0.7590361.01.00.452021-06-30
consumer price index cpi102.6102.10.00489716-0.05-1.0-1.00.12021-06-30
current account-8111603-1.50593-1.15672-1.0-1.00.1833332021-01-31
current account to gdp2.52.8-0.107143-0.4444441.0-1.002020-01-31
exports1367415220-0.1015770.3766231.01.012021-04-30
external debt6259376190150.01118230.07785631.01.00.652021-01-01
fiscal expenditure87999473-0.07114960.13433-1.01.00.6166672021-05-31
foreign direct investment553-6352-1.08706-0.8924331.0-1.00.4833332021-01-31
foreign exchange reserves2372723800-0.00306723-0.0259852-1.0-1.00.252021-06-30
gdp446.315455.508-0.02018190.1482511.01.002019-01-31
Real GDP80881.589184.1-0.0930951-0.0883654-1.0-1.00.01666672020-04-01
gdp growth annual-5.5-5.6-0.0178571-3.03704-1.0-1.00.08333332021-01-01
gold reserves279.99279.9900-1.0-1.00.5916672020-08-01
government budget-8.90.6-15.83334.93333-1.0-1.002020-01-31
Government budget614-4323-1.14203-1.431181.01.00.252021-05-31
government debt280426285267-0.01697010.5184841.01.002019-01-31
government debt to gdp83.970.50.1900710.2212521.01.002020-01-31
government revenues941351490.8281220.4861071.01.00.8166672021-05-31
housing index142.85139.310.0254110.2157451.01.002021-01-01
imports1456116119-0.09665610.4488561.01.012021-04-30
industrial production23.433.8-0.307692-2.098591.01.00.22021-05-31
industrial production mom1.73.5-0.514286-1.226671.01.00.52021-04-30
inflation cpi2.81.90.47368431.01.00.9833332021-05-31
interbank rate-0.33-0.33001.0-1.00.3333332021-01-31
interest rate0.050.05001.0-1.00.7916672016-03-09
loans to private sector8474467141680.186620.02942081.01.00.652021-05-31
long term unemployment rate2.31.50.5333330.3529411.01.00.8666672021-01-01
manufacturing pmi6766.40.009036140.440861.01.00.9666672021-06-30
money supply m1312178316419-0.01340310.1027561.01.00.3166672021-05-31
money supply m2403670408663-0.01221790.05715671.01.00.3833332021-05-31
money supply m3407520411533-0.009751340.06309931.01.00.6333332021-05-31
Producer Price Index106.1105.10.009514750.05994011.01.012021-05-31
PPI Index64.70.276596-3.307691.01.00.06666672021-05-31
retail sales MoM5.8-5-2.16-0.7743191.0-1.00.6333332021-05-31
retail sales2.121.9-0.90411-0.676923-1.0-1.00.52021-05-31
unemployment rate77.7-0.0909091-0.306931-1.0-1.00.052021-06-30
youth unemployment rate12.69.50.3263160.06779661.01.00.752021-05-31
Construction sector20.812.80.625-2.283951.01.00.052021-04-01
Consumer sector-8-5.90.355932-0.5652171.01.00.52021-04-01
Manufacturing sector12.31.95.47368-1.405941.01.00.252021-04-01
Retail sector-8.2-5.80.413793-0.8244111.01.00.1833332021-04-01
Services sector15.41.113-1.337721.01.00.1833332021-04-01
ESI - Economic Composite113.5105.20.07889730.7249241.01.012021-04-01

Austria ETF Trading Signals


MacroVar estimates the following signals: Austria ETF momentum, Austria ETF trend, Austria ETF oscillator, Austria ETF RSI and Austria ETF returns.

Austria ETF Momentum

Momentum trading is used to capture moves in shorter timeframes than trends. Momentum is the relative change occurring in markets. Relative change is different to a trend. A long-term trend can be up but the short-term momentum of a specific market can be 0. If a market moves down and then moves up and then moves back down the net relative change in price is 0. That means momentum is 0. A short-term positive momentum, with a long-term downtrend results in markets with no momentum.

MacroVarAustria ETF momentum signal ranges from -100 to +100. The Austria ETF momentum signal is derived as the mean value from 4 calculations for the Austria ETF. The timeframes monitored are the following: 1 Day (1 trading day), 1 Week (5 trading days), 1 Month (20 trading days), 3 Months (60 trading days)
For each timeframe, the following calculations are performed: 1. Austria ETF return is calculated for the specific timeframe and 2. if the return calculated is higher than 0, signal value output is 1 else signal value is -1. Austria ETF EWO momentum signal is the aggregate of the the 4 values. A technical momentum rollover is identified when Austria ETF momentum signal moves from positive to negative value or vice-versa.

Austria ETF trend

Austria ETF trend signal ranges from -100 to +100. Austria ETF trend indicator is the mean value of the 8 calculations described below. The timeframes monitored are the following: 1-month (20 trading days), 3-months (60 trading days), 6-months (125 trading days), 1-year (250 trading days)
For each timeframe, the following calculations are performed: 1. Austria ETF Closing price vs Austria ETF moving average (MA) calculation: If Austria ETF is greater than Austria ETF MA value is +1, else -1, 2. Austria ETF Moving average slope calculation: if current Austria ETF moving average is higher than the previous MA, Austria ETF upward slope +1, else -1
Austria ETF trend model can be used as a trend strength indicator. Austria ETF trend strength values ranging between +75 and +100 or -75 and -100 show strong trend strength.
A technical trend rollover is identified when Austria ETF trend strength indicator moves from positive to negative value or vice-versa.

The most important trend indicator
The Austria ETF 52-week simple moving average and its slope are the most important indicators defining a market’s trend. Austria ETF is in an uptrend when Austria ETF price is higher than the 52-week moving average and the Austria ETF 52-week moving average has an upward slope. If fundamentals of the market have not changed and the moving average slope is still in uptrend, a price drop signifies a market correction and not a change of trend. Traders should watch oscillators like the Austria ETF oscillator and Austria ETF RSI to buy the dip and still follow the trend. The moving average slope turn signifies a change of trend.

Austria ETF oscillator

The Austria ETF oscillator estimated by MacroVar is the z-score of the current Austria ETF price versus Austria ETF 1-year simple moving average price. The formula for the Austria ETF oscillator is:
Austria ETF oscillator = (Current Price – 250 trading days Austria ETF simple moving average price) / (250 days Austria ETF price standard deviation)

Austria ETF oversold conditions
Austria ETF is oversold when it is subject to a persistent downward pressure due to extreme fund outflows. When the Austria ETF is oversold it is often due for a rebound. Values of the Austria ETF oscillator lower than -2.5 signify oversold conditions. It must be noted that the Austria ETF oscillator must be analyzed ibn conjunction with the rest of Austria ETF quantitative factors. Traders should pay less attention to overbought or oversold conditions during strong trends. They should pay close attention during counter trends and all combined with the Austria ETF RSI.
Austria ETF overbought conditions
Austria ETF is overbought when it is subject to a persistent upward pressure due to extreme fund inflows. When the Austria ETF is overbought it is often due for a correction. Values of the Austria ETF oscillator higher than +2.5 signify overbought conditions. It must be noted that the MacroVar oscillator must be compared to the rest of the Austria ETF quantitative factors. Traders should pay less attention to overbought or oversold conditions during strong trends. They should pay close attention during counter trends and all combined with the RSI.

Austria ETF RSI indicator

The RSI indicator measures the speed and change of price movements. The RSI indicator oscillates between 0 and 100. RSI is a useful indicator during normal trending market conditions when an asset price oscillates around its trend value. During big moves and strong trends however, like short squeezes or price spikes RSI and other oscillators don’t work.
During normal trend market conditions and when Austria ETF is in a downtrend RSI values between 50-60 signify overbought conditions before the downtrend is ready to resume. During Austria ETF uptrend, RSI values of 40 to 50 signify oversold conditions before the uptrend is ready to resume. It is strongly not recommended to enter a position when the RSI is “overbought” and falling or vice versa.

Austria ETF returns

MacroVar calculates Austria ETF returns for the following timeframes: Daily, Weekly, Monthly, Yearly. The formula for calculating returns is:

Austria ETF returns = (Austria ETF Closing Price – Austria ETF Previous Price)/(Austria ETF Previous Price)
Feedback
Feedback
How would you rate your experience?
Do you have any additional comment?
Next
Enter your email if you'd like us to contact you regarding with your feedback.
Back
Submit
Thank you for submitting your feedback!