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Downtrend Broken Resist.Archive - 2/20/2026 - 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 third consecutive positive week for the iShares MSCI Germany Index (EWG). During the week, the EWG climbed 0.35 points, or 0.80%, and closed at 44.32 on Friday, February 20, 2026. Weekly volume was -64% below average.
Long-term trend: [See EWG long-term trend chart] A long-term uptrend had started on September 27, 2022 at 19.35 and reached 44.62 on February 12, 2026. EWG gained -25.27 points, or -130.59%, in 176 weeks. The chart has formed a Rising Wedge chart pattern. The uptrend resistance line (37.70) 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 EWG medium-term trend chart] A medium-term uptrend had started on November 20, 2025 at 38.87 and reached 44.62 on February 12, 2026. EWG gained -5.75 points, or -14.79%, in 12 weeks. The chart has formed a Broadening Ascending Wedge chart pattern. The trend support level is at 43.47 and resistance is at 46.66. 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 medium-term trend.
Weekly Technical Indicators: [See EWG weekly technical indicators chart] Weekly Williams' Percentage Range and Lane's Stochastic are overbought. Use the Technical Stock Screener to see the list of stocks with overbought weekly Williams' Percentage Range and Lane's Stochastic. Weekly Lane's Stochastic has bearish divergence. Use the following links to access the Lane's Stochastic help, or use the Technical Stock Screener to see the list of stocks with weekly Lane's Stochastic bearish divergence. The divergence between price and indicator is considering one of the most important buy/sell stocks trading signal. 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 above its signal line since January 2, 2026. This is an indication that the medium-term trend is up. The distance between MACD and the signal line is low and getting smaller. It indicates that the current medium-term uptrend is getting weak. 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 February 5, 2026 at 42.66 and reached 44.62 on February 12, 2026. EWG gained -1.96 points, or -4.59%, in 7 days. The chart has formed a Symmetric Triangle chart pattern. The uptrend resistance line (43.85) 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 short-term trend.
Daily Technical Indicators: [See EWG daily technical indicators chart] Daily technical indicators are neutral. During the last week, daily Lane's Stochastic signal line (%D) has moved below overbought area. Such crossover is considered a bearish signal. The daily MACD line is above its signal line since February 19, 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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