EAFE ETF: strong trend, near record highs
IEFA slips 0.3% yet the trend gains conviction near record highs
Our view last week
IEFA, the international developed-markets ETF (EAFE), stays within a hair of its record highs even in a nearly flat week (+0.1%): the technical analysis shows money flow accelerating sharply, with CMF doubling from a week ago. On the daily chart the sequence of higher lows continues, and the weekly ADX is climbing — the trend is gaining conviction even as the overall pace slows. The trade has been open for 18 weeks, up 6.16% since entry.
This week's summary
IEFA, the international developed-markets ETF (EAFE), stays within a hair of its record highs in this week's technical analysis, even in a nearly flat week (-0.3%). The sharp money-flow jump from seven days ago is cooling off, but the ADX keeps climbing for a fourth straight week: the trend is still gaining conviction. The trade has been open for 19 weeks, up 5.8% since entry.
IQS Phase
84
in tension / maturity
Signal Strength
29
low · fading
Sizing
MINIMUM
Ranking
#139 / 167
US stocks in progress
Trade P&L %
+5.80%
from signal to date, no stop loss
Rank position
ranks 139th among the 167 Longs already running for US stocks in our ranking, with a signal strength of 29 out of 100.
Sector context
SectorETF Broad
Benchmark ETF—
Sector regime
Performanceweekly coming soon · monthly coming soon
IEFA belongs to the etf broad sector (reference ETF ).
restricted Platinum content