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Downtrend ResistanceArchive - 7/17/2026 - Sign In to see current Signals. |
iShares MSCI Australia Index (EWA) Technical Analysis
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| Summary:
| | Weekly :  | | Daily :   Move cursor over the icon to see details.
| | It was a third consecutive positive week for the iShares MSCI Australia Index (EWA). During the week, the EWA gained 0.30 points, or 1.05%, and closed at 28.75 on Friday, July 17, 2026. Weekly volume was -55% 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 price is near the trend resistance line (29.39). The resistance is usually stronger when technical indicators are overbought. Use the following links to access Trend Support/Resistance Help, or use the Technical Stock Screener to see the list of stocks with price testing the trend resistance line 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 Wedge chart pattern. The uptrend support line (29.48) is broken. A broken support is considered to be a long-term bearish signal. 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 downtrend had started on April 17, 2026 at 30.48 and reached 27.67 on July 1, 2026. EWA lost 2.81 points, or 9.22%, in 75 days. The chart has formed a Falling Wedge chart pattern. The price is near the trend resistance line (28.67). The resistance is usually stronger when technical indicators are overbought. Use the following links to access Trend Support/Resistance Help, or use the Technical Stock Screener to see the list of stocks with price testing the trend resistance line in a short-term trend.
Daily Technical Indicators: [See EWA 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. 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 daily MACD line is above its signal line since July 2, 2026. During the last week, the price has advanced above the 50 Day Moving Average. Such crossover is considered a bullish signal. 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.
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