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- 10/16/2026 -
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iShares MSCI United Kingdom Index (EWU) Technical Analysis

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Summary:
Weekly :Broken trend resistance lineBroken trend resistance line
Daily :Lane's Stochastic is overboughtWilliams' Percentage Range is strongly overboughtDaily  MACD line has moved above its signal lineThe price has risen above the Parabolic SARPrice has crossed above the 50 Day Moving AverageBroken trend resistance lineThe price moved above the moving average in the center of the Bollinger Bands
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It was a second consecutive positive week for the iShares MSCI United Kingdom Index (EWU). During the week, the EWU gained 1.49 points, or 3.20%, and closed at 48.01 on Friday, October 16, 2026. It was the best weekly gain since May 22, 2026. Weekly volume was -61% 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 49.39 on August 25, 2026. EWU gained -29.88 points, or -153.15%, in 335 weeks. The chart has formed a Rising Wedge chart pattern. The uptrend resistance line (36.49) 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 49.39 on August 25, 2026. EWU gained -24.03 points, or -94.76%, in 203 weeks. The chart has formed a Rising Channel chart pattern. The uptrend resistance line (35.55) 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 September 11, 2026. The distance between MACD and the signal line is relatively high, but getting smaller. Use the following link to access a MACD help.

Short-term trend: [See EWU short-term trend chart]
A short-term downtrend had started on August 25, 2026 at 49.39 and reached 45.63 on October 1, 2026. EWU lost 3.76 points, or 7.61%, in 37 days. The chart has formed a Falling Channel chart pattern. The downtrend resistance line (45.27) is broken. Usually a broken resistance is considered to be a long-term bullish signal, but since daily indicators are overbought a short-term pull back is possible. EWU may retest the broken resistance line. It is considered to be a support line now. 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 EWU daily technical indicators chart]
Daily Lane's Stochastic is overbought while Williams' Percentage Range is strongly overbought. Use the Technical Stock Screener to see the list of stocks with overbought daily Lane's Stochastic or strongly overbought daily Williams' Percentage Range. 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 risen above the Parabolic SAR (stop and reversal). A Parabolic SAR below the price is a bullish signal, and it indicates that momentum is likely to remain in the upward direction. 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.

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 price has advanced above the 50 Day Moving Average. Such crossover is considered a bullish 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.

Daily Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 58.45
Williams' Percentage Range (W%R) 6.80
Strong Overbought
Lane's Stochastic (%D-Slow) 83.34
Overbought
Greed/Fear Indicator (GFI) 78.31
Moving Average Converg./Diverg. (MACD) -0.31
Weekly Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 58.96
Williams' Percentage Range (W%R) 30.70
Lane's Stochastic (%D-Slow) 28.36
Greed/Fear Indicator (GFI) 50.63
Moving Average Converg./Diverg. (MACD) 0.61
Trading Signals
Description Value Chart
Monthly Trendline Support 50.21
Monthly Trendline Resistance 49.53
Upper Bollinger Band 48.29
Price 48.01
Daily Stochastic Crossing 47.94
50 Day Moving Average 47.73
20 Day Moving Average 46.85
Weekly Stochastic Crossing 46.54
Weekly Trendline Resistance 46.17
Parabolic System 46.03
Lower Bollinger Band 45.82
Weekly Trendline Support 45.27
Quarterly Trendline Resistance 41.51
Yearly Trendline Resistance 39.23
Sector and Industry
Description Name Rank
Sector
Industry
Daily Trend
Description Value
Direction Up
Chart Pattern Uptrend
Low 45.63
Low Date 10/01/2026
High 48.33
High Date 10/16/2026
Weekly Trend
Monthly Trend
Description Value
Direction Down
Chart Pattern Falling Channel
Status Broken Resistance
Resistance 46.17
Support 45.27
High 49.39
High Date 08/25/2026
Low 45.63
Low Date 10/01/2026
Description Value
Direction Up
Chart Pattern Rising Wedge
Status Broken Support
Resistance 49.53
Support 50.21
Low 32.76
Low Date 04/09/2025
High 49.39
High Date 08/25/2026
Quarterly Trend
Yearly Trend
Description Value
Direction Up
Chart Pattern Rising Channel
Status Broken Resistance
Resistance 41.51
Support 35.55
Low 25.36
Low Date 09/28/2022
High 49.39
High Date 08/25/2026
Description Value
Direction Up
Chart Pattern Rising Wedge
Status Broken Resistance
Resistance 39.23
Support 36.49
Low 19.51
Low Date 03/23/2020
High 49.39
High Date 08/25/2026
Warning: TheGreedyTrader.com presents weekly analysis. Technical indicators and trend parameters are calculated for the close of business day indicated on the top right corner of the screen.