$ENZL Starting to look good here, tightening wedge with buying.Plenty of buy volume recently to break this wedge. looking for a jump soon.
Key stats
About iShares MSCI New Zealand ETF
Home page
Inception date
Sep 1, 2010
Structure
Open-Ended Fund
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
ENZL provides exposure to the New Zealand equity space, which has had limited choices. ENZL represents concentrated exposure to the top names moving the New Zealand economy. Stocks are selected based on market-cap, liquidity measures, and fundamental characteristics. Single issuers are capped to 22.5% allocation in the portfolio and group entities to 45%. ENZL uses a representative sampling strategy, which means it will invest in a sample of securities that collectively have an investment profile similar to that of the underlying index. The portfolio manager may use futures, options, swaps, cash equivalents, and securities lending to manage the portfolio. The index is rebalanced quarterly. Prior to Sept. 3, 2024, the fund tracked the MSCI New Zealand IMI 25/50 Index.
Classification
What's in the fund
Exposure type
Health Technology
Transportation
Utilities
Finance
Miscellaneous
Stock breakdown by region
Top 10 holdings
$ENZL Possible H&S here, should drop to trend line if so.Looking for a drop here, from that weak last monthly doji.
ENZL: Compelling top spottedWe can go short ENZL at market, and aim for a significantly large target.
Stops should be above this week's high (trading range).
Expecting to see a sharp decline to ensue here in the intermediate term.
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Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
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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.