iShares MSCI Canada Index
Move cursor over the icon to see details.
|It was a first positive week for the iShares MSCI Canada Index (EWC). During the week, the EWC gained 0.54 points, or 1.97%, and closed at 28.02 on Friday, March 09, 2018. Weekly volume was 157% above average. |
Long-term trend: [See EWC long-term trend chart]
A long-term uptrend had started on January 20, 2016 at 18.07 and reached 30.60 on January 5, 2018. EWC gained -12.53 points, or -69.34%, in 102 weeks. The chart has formed a Rising Wedge chart pattern. The uptrend support line (30.13) is broken. A broken support is considered to be a long-term bearish signal. 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 support in a long-term trend.
Medium-term trend: [See EWC medium-term trend chart]
A medium-term downtrend had started on January 5, 2018 at 30.60 and reached 26.92 on February 9, 2018. EWC lost 3.68 points, or 12.03%, in 5 weeks. The price is now at the 29.89% retracement level.
Weekly Technical Indicators: [See EWC weekly technical indicators chart]
Weekly technical indicators are neutral.
The weekly MACD line is below its signal line since February 2, 2018. This is an indication that the medium-term trend is down. The distance between MACD and the signal line is near its high and getting bigger. It indicates that the current medium-term downtrend is strong. Use the following link to access a MACD help.
Short-term trend: [See EWC short-term trend chart]
A short-term uptrend had started on March 5, 2018 at 27.15 and reached 28.03 on March 9, 2018. EWC gained -0.88 points, or -3.24%, in 4 days. Price is near the trend high.
Daily Technical Indicators: [See EWC 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.