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Archive - 5/29/2026 - Sign In to see current Signals. |
iShares MSCI Germany Index (EWG) Technical Analysis
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| Summary:
| | Weekly : | | Daily : Move cursor over the icon to see details.
| | It was a second consecutive positive week for the iShares MSCI Germany Index (EWG). During the week, the EWG gained 0.52 points, or 1.21%, and closed at 43.43 on Friday, May 29, 2026. Weekly volume was -62% below average.
Long-term trend: [See EWG long-term trend chart] A long-term uptrend had started on October 27, 2023 at 24.70 and reached 44.65 on February 27, 2026. EWG gained -19.95 points, or -80.77%, in 122 weeks. The chart has formed a Rising Channel chart pattern. The trend support level is at 40.31 and resistance is at 45.15. A Rising Channel represents price movement contained between parallel lower (support) and upper (resistance) trend lines. Trading Channeling stocks is one of the most reliable and accurate trading techniques that provide traders with precise entry and exit points as well as stop-losses and take-profit recommendations. Use the following link to access a Rising Channel chart pattern help, or use a Technical Stock Screener to see the list of stocks with Rising Channel pattern in a long-term trend.
Medium-term trend: [See EWG medium-term trend chart] A medium-term downtrend had started on February 27, 2026 at 44.65 and reached 37.98 on March 27, 2026. EWG lost 6.67 points, or 14.94%, in 4 weeks. The chart has formed a Symmetric Triangle chart pattern. The trend support level is at 44.24 and resistance is at 42.89. 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 EWG 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 May 15, 2026. The distance between MACD and the signal line is low, but getting bigger. Use the following link to access a MACD help.
Short-term trend: [See EWG short-term trend chart] A short-term uptrend had started on April 29, 2026 at 41.18 and reached 43.83 on May 26, 2026. EWG gained -2.65 points, or -6.44%, in 27 days. The price is now at the 15.09% retracement level.
Daily Technical Indicators: [See EWG daily technical indicators chart] Daily Williams' Percentage Range and Lane's Stochastic are overbought. Use the Technical Stock Screener to see the list of stocks with overbought daily Williams' Percentage Range and Lane's Stochastic. Use the following link to access Lane's Stochastic help. The daily MACD line is above its signal line since May 20, 2026. This is an indication that the short-term trend is up. The distance between MACD and the signal line is low, but getting bigger. It indicates that the current short-term uptrend is getting stronger.
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