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

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- 2/20/2026 -
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iShares MSCI France Index (EWQ) Technical Analysis

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Summary:
Weekly :Broken uptrend resistance line - uptrend exhaustionBroken uptrend resistance line - uptrend exhaustionWilliams' Percentage Range and Lane's Stochastic are overboughtLane's Stochastic bearish divergence
Daily :Lane's Stochastic is overboughtLane's Stochastic and MACD bearish divergenceThe price touches the upper Bollinger Band
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It was a third consecutive positive week for the iShares MSCI France Index (EWQ). During the week, the EWQ gained 0.98 points, or 2.10%, and closed at 47.68 on Friday, February 20, 2026. Weekly volume was -13% below average.

Long-term trend: [See EWQ long-term trend chart]
A long-term uptrend had started on March 18, 2020 at 19.29 and reached 47.73 on February 20, 2026. EWQ gained -28.44 points, or -147.43%, in 309 weeks. The chart has formed a Rising Wedge chart pattern. The uptrend resistance line (38.42) is broken, while daily and weekly technical indicators are overbought. Uptrend is exhausted and trend reversal is possible soon. 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 47.73 on February 20, 2026. EWQ gained -4.79 points, or -11.16%, in 13 weeks. The chart has formed a Rising Channel chart pattern. The uptrend resistance line (46.66) is broken, while daily and weekly technical indicators are overbought. Uptrend is exhausted and trend reversal is possible soon. 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 EWQ weekly technical indicators chart]
Weekly Williams' Percentage Range and Lane's Stochastic are overbought. Use the Technical Stock Screener to see the list of stocks with overbought weekly Williams' Percentage Range and Lane's Stochastic. Weekly Lane's Stochastic has bearish divergence. Use the following links to access the Lane's Stochastic help, or use the Technical Stock Screener to see the list of stocks with weekly Lane's Stochastic bearish divergence. The divergence between price and indicator is considering one of the most important buy/sell stocks trading 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 links to access Lane's Stochastic and Williams' Percentage Range 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 uptrend had started on January 21, 2026 at 44.38 and reached 47.73 on February 20, 2026. EWQ gained -3.35 points, or -7.55%, in 30 days. The chart has formed a Rising Wedge chart pattern.

Daily Technical Indicators: [See EWQ daily technical indicators chart]
Daily Lane's Stochastic is overbought. Use the Technical Stock Screener to see the list of stocks with overbought daily Lane's Stochastic. Daily Lane's Stochastic and MACD have bearish divergence. Use the following links to access the Lane's Stochastic and MACD help, or use the Technical Stock Screener to see the list of stocks with daily Lane's Stochastic and MACD bearish divergence.

The daily MACD line is above its signal line since February 3, 2026. This is an indication that the short-term trend is up.

The price touches the upper Bollinger Band. 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) 76.91
Williams' Percentage Range (W%R) 22.80
Lane's Stochastic (%D-Slow) 83.28
Overbought Bearish
Greed/Fear Indicator (GFI) 79.12
Moving Average Converg./Diverg. (MACD) 0.40 Bearish
Weekly Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 71.39
Williams' Percentage Range (W%R) 12.80
Overbought
Lane's Stochastic (%D-Slow) 81.35
Overbought Bearish
Greed/Fear Indicator (GFI) 76.97
Moving Average Converg./Diverg. (MACD) 0.83
Trading Signals
Description Value Chart
Upper Bollinger Band 47.77
Price 47.68
Weekly Trendline Resistance 47.58
Daily Stochastic Crossing 47.55
Weekly Stochastic Crossing 47.22
Parabolic System 46.74
Weekly Trendline Support 46.66
20 Day Moving Average 46.32
50 Day Moving Average 45.62
Lower Bollinger Band 45.09
Yearly Trendline Resistance 43.14
Yearly Trendline Support 38.42
Sector and Industry
Description Name Rank
Sector
Industry
Daily Trend
Description Value
Direction Up
Chart Pattern Rising Wedge
Low 44.38
Low Date 01/21/2026
High 47.73
High Date 02/20/2026
Weekly Trend
Monthly Trend
Description Value
Direction Up
Chart Pattern Rising Channel
Status Broken Resistance
Resistance 47.58
Support 46.66
Low 42.94
Low Date 11/20/2025
High 47.73
High Date 02/20/2026
Description Value
Direction Up
Chart Pattern Uptrend
Status
Resistance
Support
Low 35.22
Low Date 01/03/2025
High 47.73
High Date 02/20/2026
Quarterly Trend
Yearly Trend
Description Value
Direction Up
Chart Pattern Uptrend
Status
Resistance
Support
Low 26.26
Low Date 09/27/2022
High 47.73
High Date 02/20/2026
Description Value
Direction Up
Chart Pattern Rising Wedge
Status Broken Resistance
Resistance 43.14
Support 38.42
Low 19.29
Low Date 03/18/2020
High 47.73
High Date 02/20/2026
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.