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Indices ETFs Technical Analysis - EWGArchive - 4/17/2025 - 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 positive week after 4 consecutive negative weeks for the iShares MSCI Germany Index (EWG). During the week, the EWG gained 1.03 points, or 2.83%, and closed at 37.40 on Thursday, April 17, 2025. Weekly volume was 160% 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 39.36 on March 18, 2025. EWG gained -20.01 points, or -103.41%, in 129 weeks. The chart has formed a Rising Wedge chart pattern. The uptrend resistance line (33.53) 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 October 27, 2023 at 24.70 and reached 39.36 on March 18, 2025. EWG gained -14.66 points, or -59.35%, in 72 weeks. The chart has formed a Rising Wedge chart pattern. The uptrend resistance line (33.53) 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 medium-term trend.
Weekly Technical Indicators: [See EWG weekly technical indicators chart] Weekly technical indicators are neutral. 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 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 April 8, 2025 at 32.82 and reached 37.58 on April 17, 2025. EWG gained -4.76 points, or -14.50%, in 9 days. Price is near the trend high.
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. 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. During the last week, daily MACD line has moved above its signal line. Such crossover is considered a bullish signal. During the last week, the price has moved above the moving average in the center of the Bollinger Bands. The Bollinger Bands are often used with a non-oscillator indicator like chart patterns or a trendline. The signals are considered more reliable if these indicators confirm the recommendation of the Bollinger Bands. Use the following links to access the Bollinger Bands Help, or use the Technical Stock Screener to see the list of stocks with the price above the Upper Bollinger Band or below the Lower Bollinger Band. During the last week, the 20 Day Moving Average has crossed below the 50 Day Moving Average. Such crossover is considered a bearish 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.
Candlestick pattern: [See EWG candlestick chart pattern] On Friday the chart has formed a Bullish Doji Candlestick pattern. Use the Technical Stock Screener to see the list of stocks that had a Bullish Doji Candlestick pattern during the last week.
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