MSCI EAFE ETF dropped by -1.06 percent – October 05 2022

October 5, 2022

By InvestMacro.com | #stocks #EAFE

EAFE ETF End of Day Update: October 5th 2022

The EAFE EFA ETF finished the day with a decline of -1.06 percent and closed the day around the 58.78 price level, according to unofficial data at the New York close. The EAFE opened the market today at 58.42 with the high of the day being 59.105 and the low of the day bottoming at 58.095.

The EAFE is currently below both the 50-day simple moving average and the 200-day sma. The 50-sma crossed over the 200-sma in early 2022, signaling a potential downtrend that materialized shortly after and continues today.

The EAFE RSI level is Bearish:

The Relative Strength Index, an indicator that can indicate overbought (above 80) and oversold levels (below 20), shows that the current RSI score is at 46.8 for a Bearish reading on the daily time-frame.

EAFE Trends:

The EAFE has fallen by -0.03 percent over the past 10 days while seeing a fall of -7.61 over the past 30 days. The 90-day change is -15.53 while the 180-day return and the 365-day return are -24.49 and -23.58, respectively.

By InvestMacro.com

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