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Indices ETFs Technical Analysis - EWGArchive
- 6/6/2025 -
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iShares MSCI Germany Index (EWG) Technical Analysis
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| Summary:
| | Weekly : | | Daily :
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| | It was a ninth positive week after 4 consecutive negative weeks for the iShares MSCI Germany Index (EWG). During the week, the EWG gained 0.55 points, or 1.31%, and closed at 42.52 on Friday, June 6, 2025. Weekly volume was 62% above 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 42.87 on June 5, 2025. EWG gained -23.52 points, or -121.55%, in 140 weeks. The chart has formed a Rising Wedge chart pattern. The uptrend resistance line (34.34) is broken, while daily and weekly technical indicators are overbought. Uptrend is exhausted and trend reversal is possible soon. 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 October 27, 2023 at 24.70 and reached 42.87 on June 5, 2025. EWG gained -18.17 points, or -73.56%, in 83 weeks. The chart has formed a Rising Wedge chart pattern. The uptrend resistance line (34.34) is broken, while daily and weekly technical indicators are overbought. Uptrend is exhausted and trend reversal is possible soon. 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 medium-term trend.
 Weekly Technical Indicators: [See EWG weekly technical indicators chart]
Weekly Williams' Percentage Range and Lane's Stochastic are strongly overbought. Use the Technical Stock Screener to see the list of stocks with strongly overbought weekly overbought Williams' Percentage Range and Lane's Stochastic. Weekly Relative Strength Index and MACD have bearish divergence. Use the following links to access the Relative Strength Index and MACD help, or use the Technical Stock Screener to see the list of stocks with weekly Relative Strength Index and MACD 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, Relative Strength Index and Williams' Percentage Range help.
The weekly MACD line is above its signal line since January 17, 2025. This is an indication that the medium-term trend is up. The distance between MACD and the signal line is relatively high and getting bigger. It indicates that the current medium-term uptrend is strong. 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 8, 2025 at 32.82 and reached 42.87 on June 5, 2025. EWG gained -10.05 points, or -30.62%, in 58 days. The chart has formed a Rising Channel chart pattern. The trend support level is at 42.40 and resistance is at 43.32. 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 short-term trend.
 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. Daily 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 daily Lane's Stochastic bearish divergence.
The daily MACD line is below its signal line since May 27, 2025. The distance between MACD and the signal line is low, but getting bigger.
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