|
|
Downtrend ResistanceArchive
- 10/23/2026 -
Sign In to see current Signals. |
iShares MSCI France Index (EWQ) Technical Analysis
|
 |
| 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 dropped -0.75 points, or -1.78%, and closed at 41.37 on Friday, October 23, 2026. Weekly volume was 21% above 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 trend support level is at 40.66 and resistance is at 43.61. A Rising Wage is a triangle formation with a noticeable slant to the upside. It represents the loss of an upside momentum on each successive high and has a bearish bias. The Rising wedge usually marks a reversal in an uptrend. In a downtrend a rising wedge is considered to be a continuation pattern. Use the following link to access a Rising Wedge chart pattern help, or use a Technical Stock Screener to see the list of stocks with Rising Wedge pattern in a long-term trend.
 Medium-term trend: [See EWQ medium-term trend chart]
A medium-term downtrend had started on August 7, 2026 at 47.97 and reached 40.93 on October 8, 2026. EWQ lost 7.04 points, or 14.68%, in 8 weeks. The chart has formed a Broadening Descending Wedge chart pattern. The trend support level is at 38.81 and resistance is at 42.01. A Broadening Descending Wedge pattern is considered to be a reversal formation. It usually appears in a mature trend, characterized by overbought/oversold long-term and short-term indicators, and often generates divergence on long-term indicators. Use the following link to access a Broadening Descending Wedge chart pattern help, or use a Technical Stock Screener to see the list of stocks with Broadening Descending Wedge pattern in a medium-term trend.
 Weekly Technical Indicators: [See EWQ weekly technical indicators chart]
Weekly Williams' Percentage Range and Lane's Stochastic are strongly oversold. Use the Technical Stock Screener to see the list of stocks with weekly strongly oversold Williams' Percentage Range and 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 links to access Lane's Stochastic and Williams' Percentage Range help.
The weekly MACD line is below its signal line since September 4, 2026. This is an indication that the medium-term trend is down. The distance between MACD and the signal line is near its high and getting bigger. It indicates that the current medium-term downtrend is strong. 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 October 8, 2026 at 40.93 and reached 42.61 on October 16, 2026. EWQ gained -1.68 points, or -4.10%, in 8 days. The chart has formed a Symmetric Triangle chart pattern.
 Daily Technical Indicators: [See EWQ daily technical indicators chart]
Daily Williams' Percentage Range is strongly oversold. Use the Technical Stock Screener to see the list of stocks with daily strongly oversold Williams' Percentage Range.
The daily MACD line is above its signal line since October 14, 2026. This is an indication that the short-term trend is up.
During the last week, the price has fallen below the Parabolic SAR (stop and reversal). A Parabolic SAR above the price is a bearish signal, and it indicates that momentum is likely to remain in the downward 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.
| |
|
|