The Greedy Trader Weekly Analysis
Sign In Mar 20, 2026
Skip Navigation Links
Share
Number of records: 10
Symbol:  

• Symbol Lookup
• View Technical Chart
• Add to Watch List
• Candlestick Patterns
• Stock Technical Indicators
• Stock Trends Analysis
• Market Sector Rank
• Stock Trading Signals

Downtrend Broken Resistance

Downtrend Broken Resistance stock alert presents a technical analysis stock market picking technique based on combination of technical indicators, stock trend analysis, trend following indicators and pattern recognition. Downtrend broken resistance stock market alert is a trend trading warning signal. It is a confirmation that long term downtrend reversal is completed and a new uptrend is establiched.

Unlike other alerts, broken resistance is not a buy/sell signal. It is rather warning signal that trend direction has changed. For entry point it is usually better to wait for pull back and retest of resistance line. This point is considered as a second chance to participate in downtrend reversal.

Downtrend Broken Resist.

Archive
- 3/13/2026 -
Sign In to see current Signals.

iShares MSCI Switzerland Index (EWL) Technical Analysis

Subscribe to TheGreedyTrader Weekly Alerts
Summary:
Weekly :Stochastic signal line moved below overbought areaWeekly  MACD line has moved below its signal lineBroken trend resistance lineBroken trend support line
Daily :Relative Strength Index, Williams' Percentage Range and Lane's Stochastic are oversoldTrend support at 58.86The period of high volatility of the stock price
Move cursor over the icon to see details.

It was the negative week for the iShares MSCI Switzerland Index (EWL). During the week, the EWL dropped -2.42 points, or -3.96%, and closed at 58.72 on Friday, March 13, 2026. Weekly volume was 144% above average.

Long-term trend: [See EWL long-term trend chart]
A long-term uptrend had started on October 13, 2022 at 36.02 and reached 65.53 on February 27, 2026. EWL gained -29.51 points, or -81.93%, in 176 weeks. The chart has formed a Rising Channel chart pattern. The uptrend resistance line (48.15) 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 EWL medium-term trend chart]
A medium-term uptrend had started on April 7, 2025 at 46.22 and reached 65.53 on February 27, 2026. EWL gained -19.31 points, or -41.78%, in 46 weeks. The chart has formed a Rising Wedge chart pattern. The uptrend support line (60.49) is broken. Usually a broken support is considered to be a long-term bearish signal, but since daily indicators are oversold a short-term pull back is possible. EWL may retest the broken support line. It is considered to be a resistance line now. 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 medium-term trend.

Weekly Technical Indicators: [See EWL weekly technical indicators chart]
Weekly technical indicators are neutral. During the last week, weekly Lane's Stochastic signal line (%D) has moved below overbought area. Such crossover is considered a bearish 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.

During the last week, weekly MACD line has moved below its signal line. Such crossover is considered a bearish signal. Use the following link to access a MACD help.

Short-term trend: [See EWL short-term trend chart]
A short-term uptrend had started on August 1, 2025 at 51.83 and reached 65.53 on February 27, 2026. EWL gained -13.70 points, or -26.43%, in 210 days. The chart has formed a Broadening Ascending Wedge chart pattern. The price is near the trend support (58.86) line. The support is usually stronger when technical indicators are oversold. Use the following links to access Trend Support/Resistance Help, or use the Technical Stock Screener to see the list of stocks with price testing the trend support line in a short-term trend.

Daily Technical Indicators: [See EWL daily technical indicators chart]
Daily Relative Strength Index, Williams' Percentage Range and Lane's Stochastic are oversold. Use the Technical Stock Screener to see the list of stocks with daily oversold Relative Strength Index, Williams' Percentage Range and Lane's Stochastic. Use the following links to access Relative Strength Index and Williams' Percentage Range help.

The daily MACD line is below its signal line since February 27, 2026. The distance between MACD and the signal line is near its high and getting bigger.

The distance between the Bollinger Bands is 119.05% higher then one year average. It indicates the period of high volatility of the stock price. The Bollinger Bands are often used with a non-oscillator indicator like chart patterns or a trendline. The signals are considered more reliable if these indicators confirm the recommendation of the Bollinger Bands. Use the following links to access the Bollinger Bands Help, or use the Technical Stock Screener to see the list of stocks with the price above the Upper Bollinger Band or below the Lower Bollinger Band.

Daily Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 16.92
Oversold
Williams' Percentage Range (W%R) 86.60
Oversold
Lane's Stochastic (%D-Slow) 12.52
Oversold
Greed/Fear Indicator (GFI) 14.29
Oversold
Moving Average Converg./Diverg. (MACD) -0.15
Weekly Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 52.47
Williams' Percentage Range (W%R) 55.90
Lane's Stochastic (%D-Slow) 68.35
Greed/Fear Indicator (GFI) 53.91
Moving Average Converg./Diverg. (MACD) 1.92
Trading Signals
Description Value Chart
Weekly Trendline Resistance 66.17
Upper Bollinger Band 65.81
Weekly Stochastic Crossing 62.88
20 Day Moving Average 62.73
50 Day Moving Average 61.92
Parabolic System 61.09
Monthly Trendline Support 60.49
Monthly Trendline Resistance 59.10
Daily Stochastic Crossing 58.95
Weekly Trendline Support 58.86
Price 58.72
Quarterly Trendline Resistance 57.75
Lower Bollinger Band 57.73
Quarterly Trendline Support 48.15
Sector and Industry
Description Name Rank
Sector
Industry
Daily Trend
Description Value
Direction Down
Chart Pattern DownTrend
High 65.53
High Date 02/27/2026
Low 58.60
Low Date 03/13/2026
Weekly Trend
Monthly Trend
Description Value
Direction Up
Chart Pattern Broadening Ascending Wedge
Status Test Support
Resistance 66.17
Support 58.86
Low 51.83
Low Date 08/01/2025
High 65.53
High Date 02/27/2026
Description Value
Direction Up
Chart Pattern Rising Wedge
Status Broken Support
Resistance 59.10
Support 60.49
Low 46.22
Low Date 04/07/2025
High 65.53
High Date 02/27/2026
Quarterly Trend
Yearly Trend
Description Value
Direction Up
Chart Pattern Rising Channel
Status Broken Resistance
Resistance 57.75
Support 48.15
Low 36.02
Low Date 10/13/2022
High 65.53
High Date 02/27/2026
Description Value
Direction Up
Chart Pattern Uptrend
Status
Resistance
Support
Low 27.52
Low Date 02/11/2016
High 65.53
High Date 02/27/2026
Warning: TheGreedyTrader.com presents weekly analysis. Technical indicators and trend parameters are calculated for the close of business day indicated on the top right corner of the screen.