Symmetrical Continuation Triangle (Bullish) | 18% move possibleiShares MSCI Europe Financials ETF forms bullish "Symmetrical Continuation Triangle" chart pattern
"Symmetrical Continuation Triangle (Bullish)" chart pattern formed on iShares MSCI Europe Financials ETF (EUFN:NASDAQ). This bullish signal indicates that the stock price may rise from the close of $
Key stats
About ISHARES TRUST MSCI EUROPE FINANACIALS ETF
Home page
Inception date
Jan 20, 2010
Structure
Open-Ended Fund
Replication method
Physical
Dividend treatment
Distributes
Distribution tax treatment
Qualified dividends
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Primary advisor
BlackRock Fund Advisors
Distributor
BlackRock Investments LLC
EUFN seeks to provide exposure to the broad financial sector in developed European countries. The fund’s small basket of large- and midcap securities translates to higher concentration risk—over 40% of its assets are dedicated to the top 10 holdings, so investors must be comfortable with EUFN’s top names. EUFN is also an extremely well-managed fund, making it a markedly efficient option in the space. Notably, the fund uses representative sampling indexing, instead of replicating the index. The index is subject to a quarterly review, and is rebalanced on a separate semi-annual review.
Classification
What's in the fund
Exposure type
Finance
Stock breakdown by region
Top 10 holdings
EUFN: European Financials In Potential Sign Of Trouble ?A huge "potential" Head And Shoulders is forming since 2010.
Prices are not very far from completing its Right Shoulder and the entire H&S formation.
Measuring from the Head to Neckline, it has a price target of approx $12.79 downwards from the neckline.
The 2 possibilities will negate this H&S f
EUFN: European financials are in danger hereI think we can get a retracement in the financial sector, and Europe is in worse shape than the US in general. It wouldn't surprise me to have some negative news pop out, surrounding Italy's referendum, Deutsche Bank, Italian Banks, UK banks, Brexit, etc. Quite a few potential catalysts for volatili
See all ideas
Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.
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Frequently Asked Questions
An exchange-traded fund (ETF) is a collection of assets (stocks, bonds, commodities, etc.) that track an underlying index and can be bought on an exchange like individual stocks.
EUFN trades at 602.000 MXN today, its price hasn't changed in the past 24 hours. Track more dynamics on EUFN price chart.
EUFN net asset value is 613.55 today — it's risen 7.48% over the past month. NAV represents the total value of the fund's assets less liabilities and serves as a gauge of the fund's performance.
EUFN assets under management is 74.21 B MXN. AUM is an important metric as it reflects the fund's size and can serve as a gauge of how successful the fund is in attracting investors, which, in its turn, can influence decision-making.
EUFN price has risen by 2.03% over the last month, and its yearly performance shows a 72.00% increase. See more dynamics on EUFN price chart.
NAV returns, another gauge of an ETF dynamics, have risen by 7.48% over the last month, showed a 10.94% increase in three-month performance and has increased by 60.00% in a year.
NAV returns, another gauge of an ETF dynamics, have risen by 7.48% over the last month, showed a 10.94% increase in three-month performance and has increased by 60.00% in a year.
Since ETFs work like an individual stock, they can be bought and sold on exchanges (e.g. NASDAQ, NYSE, EURONEXT). As it happens with stocks, you need to select a brokerage to access trading. Explore our list of available brokers to find the one to help execute your strategies. Don't forget to do your research before getting to trading. Explore ETFs metrics in our ETF screener to find a reliable opportunity.
EUFN invests in stocks. See more details in our Analysis section.
EUFN expense ratio is 0.48%. It's an important metric for helping traders understand the fund's operating costs relative to assets and how expensive it would be to hold the fund.
No, EUFN isn't leveraged, meaning it doesn't use borrowings or financial derivatives to magnify the performance of the underlying assets or index it follows.
In some ways, ETFs are safe investments, but in a broader sense, they're not safer than any other asset, so it's crucial to analyze a fund before investing. But if your research gives a vague answer, you can always refer to technical analysis.
Today, EUFN technical analysis shows the strong buy rating and its 1-week rating is buy. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1-month rating EUFN shows the buy signal. See more of EUFN technicals for a more comprehensive analysis.
Today, EUFN technical analysis shows the strong buy rating and its 1-week rating is buy. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1-month rating EUFN shows the buy signal. See more of EUFN technicals for a more comprehensive analysis.
Yes, EUFN pays dividends to its holders with the dividend yield of 3.96%.
EUFN trades at a premium (0.66%).
Premium/discount to NAV expresses the difference between the ETF’s price and its NAV value. A positive percentage indicates a premium, meaning the ETF trades at a higher price than the calculated NAV. Conversely, a negative percentage indicates a discount, suggesting the ETF trades at a lower price than NAV.
Premium/discount to NAV expresses the difference between the ETF’s price and its NAV value. A positive percentage indicates a premium, meaning the ETF trades at a higher price than the calculated NAV. Conversely, a negative percentage indicates a discount, suggesting the ETF trades at a lower price than NAV.
EUFN shares are issued by BlackRock, Inc.
EUFN follows the MSCI Europe / Financials -SEC. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
The fund started trading on Jan 20, 2010.
The fund's management style is passive, meaning it's aiming to replicate the performance of the underlying index by holding assets in the same proportions as the index. The goal is to match the index's returns.