The Greedy Trader Weekly Analysis
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Downtrend Resistance
Downtrend 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. Stock market alert is a warning signal. Downtrend Resistance stock alert indicates that price is near long-term resistance trendline and probability of short-term trend reversal is high.

The strategy is based on selling long (or taking short) position on downtrend testing resistance. The strategy has low to medium risk and average reword.

Downtrend Resistance

Archive
- 1/30/2026 -
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iShares MSCI France Index (EWQ) Technical Analysis

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Summary:
Weekly :Lane's Stochastic is overboughtBroken trend resistance line
Daily :The price has risen above the Parabolic SARThe price has declined below the moving average in the center of the Bollinger BandsThe period of low volatility of the stock pricePrice is close to the 50 Day Moving Average
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It was the negative week for the iShares MSCI France Index (EWQ). During the week, the EWQ gave back -0.16 points, or -0.35%, and closed at 45.35 on Friday, January 30, 2026. EWQ was trading at average weekly trading volume.

Long-term trend: [See EWQ long-term trend chart]
A long-term uptrend had started on March 18, 2020 at 19.29 and reached 46.37 on January 27, 2026. EWQ gained -27.08 points, or -140.38%, in 305 weeks. The chart has formed a Rising Wedge chart pattern. The uptrend resistance line (38.24) 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 EWQ medium-term trend chart]
A medium-term uptrend had started on November 20, 2025 at 42.94 and reached 46.37 on January 27, 2026. EWQ gained -3.43 points, or -7.99%, in 9 weeks. The chart has formed a Rising Channel chart pattern. The trend support level is at 44.38 and resistance is at 46.47. A Rising Channel represents price movement contained between parallel lower (support) and upper (resistance) trend lines. Trading Channeling stocks is one of the most reliable and accurate trading techniques that provide traders with precise entry and exit points as well as stop-losses and take-profit recommendations. Use the following link to access a Rising Channel chart pattern help, or use a Technical Stock Screener to see the list of stocks with Rising Channel pattern in a medium-term trend.

Weekly Technical Indicators: [See EWQ weekly technical indicators chart]
Weekly Lane's Stochastic is overbought. Use the Technical Stock Screener to see the list of stocks with overbought weekly Lane's Stochastic. 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 weekly MACD line is above its signal line since January 2, 2026. This is an indication that the medium-term trend is up. The distance between MACD and the signal line is low, but getting bigger. It indicates that the current medium-term uptrend is getting stronger. Use the following link to access a MACD help.

Short-term trend: [See EWQ short-term trend chart]
A short-term downtrend had started on January 27, 2026 at 46.37 and reached 45.27 on January 30, 2026. EWQ lost 1.10 points, or 2.37%, in 3 days. The price is now at the 7.27% retracement level.

Daily Technical Indicators: [See EWQ daily technical indicators chart]
Daily technical indicators are neutral.

The daily MACD line is below its signal line since January 29, 2026. This is an indication that the short-term trend is down. The distance between MACD and the signal line is low and getting smaller. It indicates that the current short-term downtrend is getting weak.

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.

During the last week, the price has declined below the moving average in the center of the Bollinger Bands. The distance between the Bollinger Bands is falling, and it was 3.26% on Friday. It is 51.38% lower than one year average. It indicates the period of low 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.

Price is close to the 50 Day Moving Average. The moving average crossover signals work better when the stock develops a strong trend, but they are ineffective when the stock is in a trading range. Moving average crossover systems can be effective, but should be used in conjunction with trend patterns, momentum indicators, candlesticks and other aspects of technical analysis. Use the following links to access Moving Average Crossover trading technique, or use the Technical Stock Screener to see the list of stocks with the Moving Average close to the price level.

Daily Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 44.42
Williams' Percentage Range (W%R) 35.60
Lane's Stochastic (%D-Slow) 69.18
Greed/Fear Indicator (GFI) 59.34
Moving Average Converg./Diverg. (MACD) 0.18
Weekly Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 51.79
Williams' Percentage Range (W%R) 20.20
Lane's Stochastic (%D-Slow) 83.49
Overbought
Greed/Fear Indicator (GFI) 72.31
Moving Average Converg./Diverg. (MACD) 0.79
Trading Signals
Description Value Chart
Weekly Trendline Resistance 46.47
Upper Bollinger Band 46.16
Weekly Stochastic Crossing 45.99
Daily Stochastic Crossing 45.71
20 Day Moving Average 45.52
Price 45.35
50 Day Moving Average 44.93
Lower Bollinger Band 44.68
Parabolic System 44.64
Weekly Trendline Support 44.38
Yearly Trendline Resistance 43.10
Yearly Trendline Support 38.24
Sector and Industry
Description Name Rank
Sector
Industry
Daily Trend
Description Value
Direction Down
Chart Pattern DownTrend
High 46.37
High Date 01/27/2026
Low 45.27
Low Date 01/30/2026
Weekly Trend
Monthly Trend
Description Value
Direction Up
Chart Pattern Rising Channel
Status Valid
Resistance 46.47
Support 44.38
Low 42.94
Low Date 11/20/2025
High 46.37
High Date 01/27/2026
Description Value
Direction Up
Chart Pattern Uptrend
Status
Resistance
Support
Low 35.22
Low Date 01/03/2025
High 46.37
High Date 01/27/2026
Quarterly Trend
Yearly Trend
Description Value
Direction Up
Chart Pattern Uptrend
Status
Resistance
Support
Low 26.26
Low Date 09/27/2022
High 46.37
High Date 01/27/2026
Description Value
Direction Up
Chart Pattern Rising Wedge
Status Broken Resistance
Resistance 43.10
Support 38.24
Low 19.29
Low Date 03/18/2020
High 46.37
High Date 01/27/2026
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.