|
|
Downtrend ResistanceArchive
- 6/26/2026 -
Sign In to see current Signals. |
iShares MSCI Australia Index (EWA) Technical Analysis
|
 |
| Summary:
| | Weekly : | | Daily : 
Move cursor over the icon to see details.
| | It was the negative week for the iShares MSCI Australia Index (EWA). During the week, the EWA dropped -0.59 points, or -2.07%, and closed at 27.97 on Friday, June 26, 2026. Weekly volume was -32% below average.
 Long-term trend: [See EWA long-term trend chart]
A long-term uptrend had started on October 13, 2022 at 19.19 and reached 30.48 on April 17, 2026. EWA gained -11.29 points, or -58.83%, in 183 weeks. The chart has formed a Broadening Ascending Wedge chart pattern. The trend support level is at 21.32 and resistance is at 29.33. A Broadening Ascending 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 Ascending Wedge chart pattern help, or use a Technical Stock Screener to see the list of stocks with Broadening Ascending Wedge pattern in a long-term trend.
 Medium-term trend: [See EWA medium-term trend chart]
A medium-term uptrend had started on April 7, 2025 at 20.51 and reached 30.48 on April 17, 2026. EWA gained -9.97 points, or -48.61%, in 53 weeks. The chart has formed a Rising Channel chart pattern. The uptrend support line (28.42) 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. EWA 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 EWA weekly technical indicators chart]
Weekly technical indicators are neutral.
The weekly MACD line is below its signal line since May 15, 2026. Use the following link to access a MACD help.
 Short-term trend: [See EWA short-term trend chart]
A short-term uptrend had started on November 20, 2025 at 24.94 and reached 30.48 on April 17, 2026. EWA gained -5.54 points, or -22.21%, in 148 days. The chart has formed a Rising Wedge chart pattern. The uptrend support line (28.52) 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. EWA 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 short-term trend.
 Daily Technical Indicators: [See EWA daily technical indicators chart]
Daily Lane's Stochastic is oversold while Williams' Percentage Range is strongly oversold. Use the Technical Stock Screener to see the list of stocks with oversold daily Lane's Stochastic or strongly oversold daily 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 links to access Lane's Stochastic and Williams' Percentage Range help.
The daily MACD line is below its signal line since June 17, 2026. The distance between MACD and the signal line is low, but getting bigger.
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.
| |
|
|