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Archive
- 4/17/2025 -
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iShares MSCI Switzerland Index (EWL) Technical Analysis
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| Summary:
| | | Weekly : | | Daily :  
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| | It was a second consecutive positive week for the iShares MSCI Switzerland Index (EWL). During the week, the EWL gained 0.90 points, or 1.76%, and closed at 51.95 on Thursday, April 17, 2025. Weekly volume was -15% below average.
 Long-term trend: [See EWL long-term trend chart]
A long-term uptrend had started on October 13, 2022 at 36.02 and reached 53.61 on March 7, 2025. EWL gained -17.59 points, or -48.83%, in 125 weeks. The chart has formed a Rising Wedge chart pattern. The trend support level is at 47.24 and resistance is at 54.24. A Rising Wage is a triangle formation with a noticeable slant to the upside. It represents the loss of an upside momentum on each successive high and has a bearish bias. The Rising wedge usually marks a reversal in an uptrend. In a downtrend a rising wedge is considered to be a continuation pattern. Use the following link to access a Rising Wedge chart pattern help, or use a Technical Stock Screener to see the list of stocks with Rising Wedge pattern in a long-term trend.
 Medium-term trend: [See EWL medium-term trend chart]
A medium-term downtrend had started on March 7, 2025 at 53.61 and reached 46.22 on April 7, 2025. EWL lost 7.39 points, or 13.78%, in 4 weeks. The chart has formed a Broadening Right-Angled, Descending Wedge chart pattern. The trend support level is at 43.95 and resistance is at 53.11. A Broadening Descending 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 Right-Angled, Descending Wedge chart pattern help, or use a Technical Stock Screener to see the list of stocks with Broadening Right-Angled, Descending Wedge pattern in a medium-term trend.
 Weekly Technical Indicators: [See EWL weekly technical indicators chart]
Weekly technical indicators are neutral.
The weekly MACD line is above its signal line since January 31, 2025. The distance between MACD and the signal line is low and getting smaller. Use the following link to access a MACD help.
 Short-term trend: [See EWL short-term trend chart]
A short-term uptrend had started on April 7, 2025 at 46.22 and reached 52.18 on April 17, 2025. EWL gained -5.96 points, or -12.89%, in 10 days. Price is near the trend high.
 Daily Technical Indicators: [See EWL 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.
During the last week, daily MACD line has moved above its signal line. Such crossover is considered a bullish signal.
The distance between the Bollinger Bands is 112.02% higher then one year average. It indicates the period of high volatility of the stock price. 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.
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