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Archive - 4/17/2025 - 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 a second consecutive positive week for the iShares MSCI United Kingdom Index (EWU). During the week, the EWU gained 1.40 points, or 3.94%, and closed at 36.97 on Thursday, April 17, 2025. Weekly volume was 91% above average.
Long-term trend: [See EWU long-term trend chart] A long-term uptrend had started on September 28, 2022 at 25.36 and reached 38.10 on March 19, 2025. EWU gained -12.74 points, or -50.24%, in 129 weeks. The chart has formed a Rising Wedge chart pattern. The trend support level is at 36.61 and resistance is at 38.28. 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 EWU medium-term trend chart] A medium-term downtrend had started on March 19, 2025 at 38.10 and reached 32.76 on April 9, 2025. EWU lost 5.34 points, or 14.02%, in 3 weeks. The price is now at the 78.84% retracement level.
Weekly Technical Indicators: [See EWU weekly technical indicators chart] Weekly technical indicators are neutral. The weekly MACD line is above its signal line since February 7, 2025. The distance between MACD and the signal line is low, but getting bigger. 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 April 9, 2025 at 32.76 and reached 37.24 on April 17, 2025. EWU gained -4.48 points, or -13.68%, in 8 days. The price is now at the 6.03% retracement level.
Daily Technical Indicators: [See EWU daily technical indicators chart] Daily technical indicators are neutral. 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 distance between the Bollinger Bands is 150.69% 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 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.
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