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Downtrend ResistanceArchive - 8/21/2026 - Sign In to see current Signals. |
iShares MSCI France Index (EWQ) 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 France Index (EWQ). During the week, the EWQ gave back -0.47 points, or -0.99%, and closed at 47.00 on Friday, August 21, 2026. Weekly volume was -18% 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 48.39 on February 26, 2026. EWQ gained -29.10 points, or -150.86%, in 310 weeks. The chart has formed a Rising Wedge chart pattern. The uptrend resistance line (40.08) 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 EWQ medium-term trend chart] A medium-term uptrend had started on March 20, 2026 at 41.58 and reached 47.97 on August 7, 2026. EWQ gained -6.39 points, or -15.37%, in 20 weeks. The chart has formed a Symmetric Triangle chart pattern. The trend support level is at 48.94 and resistance is at 44.02. A Symmetric Triangle pattern represents the area of indecision, where the movement direction is questioned. Chart pattern analysis usually considers a symmetric triangle chart pattern as a continuation formation which resolves in the direction of larger trend, but it also may mark the trend reversal. Use the following link to access a Symmetric Triangle chart pattern help, or use a Technical Stock Screener to see the list of stocks with Symmetric Triangle pattern in a medium-term trend.
Weekly Technical Indicators: [See EWQ 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 above its signal line since July 31, 2026. This is an indication that the medium-term trend is up. 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 May 4, 2026 at 44.03 and reached 47.97 on August 7, 2026. EWQ gained -3.94 points, or -8.95%, in 95 days. The chart has formed a Symmetric Triangle chart pattern.
Daily Technical Indicators: [See EWQ daily technical indicators chart] Daily Lane's Stochastic is oversold. Use the Technical Stock Screener to see the list of stocks with daily oversold Lane's Stochastic. Use the following link to access Lane's Stochastic help. During the last week, daily MACD line has moved below its signal line. Such crossover is considered a bearish signal.
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