Is Major Move Coming For iShares MSCI EAFE Small-Cap ETF (SCZ) After This Bullish Wedge Up?

November 15, 2017 - By Marguerite Chambers

The stock of iShares MSCI EAFE Small-Cap ETF (SCZ) formed an up wedge with $66.97 target or 9.00 % above today’s $61.44 share price. The 9 months wedge indicates low risk for the $9.68 billion company. If the $66.97 price target is reached, the company will be worth $871.20M more.
Rising wedges, especially for downward breakouts are tricky moments to trade. Investors must be aware that the break even failure rate for up or down breakouts is: 8% and 24%. The average rise is 28% and the decline is 14%. Wedges has high throwback and pullback rate: 73%, 63% and the percent of wedges meeting target is not more than 50%.

About 37,567 shares traded. iShares MSCI EAFE Small-Cap ETF (NASDAQ:SCZ) has risen 15.86% since November 15, 2016 and is uptrending. It has underperformed by 0.84% the S&P500.

More notable recent iShares MSCI EAFE Small-Cap ETF (NASDAQ:SCZ) news were published by: Nasdaq.com which released: “Plancorp, LLC Buys iShares MSCI EAFE Value, Enterprise Financial Services Corp …” on October 12, 2017, also Nasdaq.com with their article: “JNBA Financial Advisors Buys iShares Core S&P 500, Vanguard Large-Cap, iShares …” published on November 13, 2017, Nasdaq.com published: “Quadrant Capital Group Llc Buys iShares Core MSCI EAFE, DowDuPont Inc …” on October 14, 2017. More interesting news about iShares MSCI EAFE Small-Cap ETF (NASDAQ:SCZ) were released by: Gurufocus.com and their article: “Moneta Group Investment Advisors Llc Buys iShares International Select …” published on November 13, 2017 as well as Nasdaq.com‘s news article titled: “Managed Account Services Inc Buys iShares MSCI EAFE Value, iShares Core MSCI …” with publication date: October 18, 2017.

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