|
|
Archive - 5/29/2026 - Sign In to see current Signals. |
iShares MSCI EMU Index (EZU) Technical Analysis
|
 |
| Summary:
| | Weekly :   | | Daily :  Move cursor over the icon to see details.
| | It was a second consecutive positive week for the iShares MSCI EMU Index (EZU). During the week, the EZU gained 0.77 points, or 1.13%, and closed at 68.78 on Friday, May 29, 2026. Weekly volume was -30% below average.
Long-term trend: [See EZU long-term trend chart] A long-term uptrend had started on October 13, 2022 at 31.14 and reached 69.44 on February 25, 2026. EZU gained -38.30 points, or -122.99%, in 175 weeks. The chart has formed a Rising Wedge chart pattern. The uptrend resistance line (57.19) is broken, while daily and weekly technical indicators are overbought. Uptrend is exhausted and trend reversal is possible soon. 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 EZU medium-term trend chart] A medium-term downtrend had started on February 25, 2026 at 69.44 and reached 59.92 on March 20, 2026. EZU lost 9.52 points, or 13.71%, in 3 weeks. The chart has formed a Symmetric Triangle chart pattern. The downtrend resistance line (67.78) 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. EZU 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 medium-term trend.
Weekly Technical Indicators: [See EZU weekly technical indicators chart] Weekly Williams' Percentage Range is strongly overbought. Use the Technical Stock Screener to see the list of stocks with strongly overbought weekly overbought 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 link to access Williams' Percentage Range help. The weekly MACD line is above its signal line since May 15, 2026. 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 EZU short-term trend chart] A short-term uptrend had started on March 20, 2026 at 59.92 and reached 69.40 on May 26, 2026. EZU gained -9.48 points, or -15.82%, in 67 days. The chart has formed a Ascending Triangle chart pattern.
Daily Technical Indicators: [See EZU 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. Use the following link to access Lane's Stochastic help. 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.
| |
|
|