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Archive - 5/29/2026 - Sign In to see current Signals. |
iShares MSCI United Kingdom Index (EWU) Technical Analysis
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| Summary:
| | Weekly :  | | Daily :   Move cursor over the icon to see details.
| | It was the negative week for the iShares MSCI United Kingdom Index (EWU). During the week, the EWU gave back -0.16 points, or -0.34%, and closed at 46.93 on Friday, May 29, 2026. Weekly volume was -10% below average.
Long-term trend: [See EWU long-term trend chart] A long-term uptrend had started on March 23, 2020 at 19.51 and reached 48.92 on February 27, 2026. EWU gained -29.41 points, or -150.74%, in 309 weeks. The chart has formed a Rising Wedge chart pattern. The uptrend resistance line (35.48) 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 EWU medium-term trend chart] A medium-term uptrend had started on September 28, 2022 at 25.36 and reached 48.92 on February 27, 2026. EWU gained -23.56 points, or -92.90%, in 178 weeks. The chart has formed a Rising Channel chart pattern. The uptrend resistance line (34.71) 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 EWU weekly technical indicators chart] Weekly technical indicators are neutral. The weekly MACD line is below its signal line since March 13, 2026. Use the following link to access a MACD help.
Short-term trend: [See EWU short-term trend chart] A short-term uptrend had started on May 15, 2026 at 45.42 and reached 47.69 on May 26, 2026. EWU gained -2.27 points, or -5.00%, in 11 days. The price is now at the 33.48% retracement level.
Daily Technical Indicators: [See EWU daily technical indicators chart] Daily technical indicators are neutral. 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. A Parabolic SAR (stop and reversal) indicator (46.78) comes close to the price (46.93). It indicates that the trend is getting weaker. A Parabolic SAR is used as a trailing stop loss for long or short positions. It works best during strong trending periods. Use the following links to access Parabolic SAR Help, or use the Technical Stock Screener to see the list of stocks with the Parabolic SAR close to the price level. The price is close to 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. Price is close to the 50 Day Moving Average. 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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