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Archive - 5/8/2026 - Sign In to see current Signals. |
iShares MSCI Canada Index (EWC) Technical Analysis
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| Summary:
| | Weekly :   | | Daily :  Move cursor over the icon to see details.
| | It was the negative week for the iShares MSCI Canada Index (EWC). During the week, the EWC gave back -0.31 points, or -0.53%, and closed at 58.09 on Friday, May 8, 2026. Weekly volume was -26% below average.
Long-term trend: [See EWC long-term trend chart] A long-term uptrend had started on March 23, 2020 at 17.59 and reached 58.89 on April 21, 2026. EWC gained -41.30 points, or -234.79%, in 317 weeks. The chart has formed a Symmetric Triangle chart pattern. The uptrend resistance line (42.40) is broken. Usually a broken resistance is considered to be a long-term bullish signal, although a short-term pull back is possible. Use the following links to access Trend Support/Resistance Help, or use the Technical Stock Screener to see the list of stocks with broken trend resistance line in a long-term trend.
Medium-term trend: [See EWC medium-term trend chart] A medium-term uptrend had started on October 13, 2022 at 29.55 and reached 58.89 on April 21, 2026. EWC gained -29.34 points, or -99.29%, in 183 weeks. The chart has formed a Rising Channel chart pattern. The uptrend resistance line (40.88) is broken. Usually a broken resistance is considered to be a long-term bullish signal, although a short-term pull back is possible. Use the following links to access Trend Support/Resistance Help, or use the Technical Stock Screener to see the list of stocks with broken trend resistance line in a medium-term trend.
Weekly Technical Indicators: [See EWC weekly technical indicators chart] Weekly Williams' Percentage Range is overbought. Use the Technical Stock Screener to see the list of stocks with overbought weekly Williams' Percentage Range. Oscillators are designed to signal a possible trend reversal. They can act as alerts and should be taken in conjunction with other technical analysis tools. Oscillators can be used to confirm other technical signals. Use the following link to access Williams' Percentage Range help. The weekly MACD line is below its signal line since March 13, 2026. The distance between MACD and the signal line is low and getting smaller. Use the following link to access a MACD help.
Short-term trend: [See EWC short-term trend chart] A short-term uptrend had started on March 20, 2026 at 52.97 and reached 58.89 on April 21, 2026. EWC gained -5.92 points, or -11.18%, in 32 days. The price is now at the 13.51% retracement level.
Daily Technical Indicators: [See EWC daily technical indicators chart] Daily technical indicators are neutral. During the last week, daily MACD line has moved below its signal line. Such crossover is considered a bearish signal. During the last week, the price has fallen below the Parabolic SAR (stop and reversal). A Parabolic SAR above the price is a bearish signal, and it indicates that momentum is likely to remain in the downward direction. A Parabolic SAR is used as a trailing stop loss for long or short positions. It works best during strong trending periods. Use the following links to access Parabolic SAR Help, or use the Technical Stock Screener to see the list of stocks with the Parabolic SAR close to the price level.
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