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Indices ETFs Technical Analysis - EWCArchive - 7/24/2026 - Sign In to see current Signals. |
iShares MSCI Canada Index (EWC) 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 Canada Index (EWC). During the week, the EWC gave back -0.38 points, or -0.64%, and closed at 59.07 on Friday, July 24, 2026. Weekly volume was -11% below average.
Long-term trend: [See EWC long-term trend chart] A long-term uptrend had started on March 23, 2020 at 17.59 and reached 59.69 on July 22, 2026. EWC gained -42.10 points, or -239.34%, in 330 weeks. The chart has formed a Symmetric Triangle chart pattern. The uptrend resistance line (43.22) 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 EWC medium-term trend chart] A medium-term uptrend had started on October 13, 2022 at 29.55 and reached 59.69 on July 22, 2026. EWC gained -30.14 points, or -102.00%, in 196 weeks. The chart has formed a Rising Channel chart pattern. The uptrend resistance line (41.60) 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 EWC weekly technical indicators chart] Weekly Williams' Percentage Range is overbought. Use the Technical Stock Screener to see the list of stocks with overbought weekly 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 below its signal line since March 13, 2026. 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 April 7, 2025 at 36.70 and reached 59.69 on July 22, 2026. EWC gained -22.99 points, or -62.64%, in 471 days. The chart has formed a Rising Wedge chart pattern. The trend support level is at 58.56 and resistance is at 59.90. 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 short-term trend.
Daily Technical Indicators: [See EWC daily technical indicators chart] Daily technical indicators are neutral. During the last week, daily Lane's Stochastic main line (%K) has declined below the overbought signal line (%D). Such crossover is considered a bearish signal. Use the following link to access Lane's Stochastic help. The daily MACD line is above its signal line since July 6, 2026. This is an indication that the short-term trend is up. The distance between MACD and the signal line is low and getting smaller. It indicates that the current short-term uptrend is getting weak. A Parabolic SAR (stop and reversal) indicator (58.51) comes close to the price (59.07). 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. During the last week, the 20 Day Moving Average 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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