|
|
Archive - 10/9/2026 - Sign In to see current Signals. |
iShares MSCI Canada Index (EWC) Technical Analysis
|
 |
| Summary:
| | Weekly :  | | Daily :   Move cursor over the icon to see details.
| | It was a first positive week after 4 consecutive negative weeks for the iShares MSCI Canada Index (EWC). During the week, the EWC climbed 0.31 points, or 0.53%, and closed at 59.03 on Friday, October 9, 2026. Weekly volume was -17% 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 62.71 on August 25, 2026. EWC gained -45.12 points, or -256.51%, in 335 weeks. The chart has formed a Symmetric Triangle chart pattern. The uptrend resistance line (44.08) 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 62.71 on August 25, 2026. EWC gained -33.16 points, or -112.22%, in 201 weeks. The chart has formed a Rising Channel chart pattern. The uptrend resistance line (42.35) 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 technical indicators are neutral. The weekly MACD line is below its signal line since September 11, 2026. The distance between MACD and the signal line is near its high and getting bigger. 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 April 7, 2025 at 36.70 and reached 62.71 on August 25, 2026. EWC gained -26.01 points, or -70.87%, in 505 days. The chart has formed a Rising Wedge chart pattern. The uptrend support line (62.19) is broken. A broken support is considered to be a long-term bearish signal. 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 support in a short-term trend.
Daily Technical Indicators: [See EWC daily technical indicators chart] Daily technical indicators are neutral. During the last week, daily Lane's Stochastic signal line (%D) has moved above oversold area. Such crossover is considered a bullish signal. 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 Lane's Stochastic help. The daily MACD line is below its signal line since August 26, 2026. The distance between MACD and the signal line is low and getting smaller. During the last week, the price has risen above the Parabolic SAR (stop and reversal). A Parabolic SAR below the price is a bullish signal, and it indicates that momentum is likely to remain in the upward 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.
| |
|
|