|
|
| Number of records: 8 |
|
|
|
|
Indices ETFs Technical AnalysisArchive
- 3/17/2023 -
Sign In to see current Signals. |
iShares MSCI Canada Index (EWC) |
 |
| 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 dropped -0.51 points, or -1.55%, and closed at 32.36 on Friday, March 17, 2023. Weekly volume was -15% below average.
 Long-term trend: [See EWC long-term trend chart]
A long-term downtrend had started on April 5, 2022 at 41.12 and reached 29.55 on October 13, 2022. EWC lost 11.57 points, or 28.14%, in 27 weeks. Price is near the Fibonacci 23.6% retracement level. The Fibonacci retracement level is considered a support/resistance level.
 Medium-term trend: [See EWC medium-term trend chart]
A medium-term uptrend had started on October 13, 2022 at 29.55 and reached 35.98 on February 2, 2023. EWC gained -6.43 points, or -21.76%, in 16 weeks. The chart has formed a Rising Wedge chart pattern. The uptrend support line (35.31) 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 medium-term trend.
 Weekly Technical Indicators: [See EWC weekly technical indicators chart]
Weekly technical indicators are neutral.
During the last week, weekly MACD line has moved below its signal line. Such crossover is considered a bearish signal. Use the following link to access a MACD help.
Short-term trend: [See EWC short-term trend chart]
A short-term downtrend had started on February 2, 2023 at 35.98 and reached 31.88 on March 15, 2023. EWC lost 4.10 points, or 11.40%, in 41 days. The price is now at the 11.71% retracement level.
Daily Technical Indicators: [See EWC daily technical indicators chart]
Daily technical indicators are neutral. Daily Lane's Stochastic and MACD have bullish divergence. Use the following links to access the Lane's Stochastic and MACD help, or use the Technical Stock Screener to see the list of stocks with daily Lane's Stochastic and MACD bullish divergence. The divergence between price and indicator is considering one of the most important buy/sell stocks trading signal. 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 Lane's Stochastic help.
The daily MACD line is below its signal line since February 3, 2023. This is an indication that the short-term trend is down.
| |
|
|
|
|
| Daily Oscillators |
|
|
| Weekly Oscillators |
|
|
| Trading
Signals |
|
|
|
| Sector and
Industry |
| Description |
Name |
Rank |
| Sector |
|
|
| Industry |
|
|
|
| Daily Trend |
| Description |
Value |
| Direction |
Down |
| Chart Pattern |
DownTrend |
| High |
34.88 |
| High Date |
03/03/2023 |
| Low |
31.88 |
| Low Date |
03/15/2023 |
|
| Weekly Trend |
|
| Description |
Value |
| Direction |
Down |
| Chart Pattern |
DownTrend |
| Status |
|
| Resistance |
|
| Support |
|
| High |
35.98 |
| High Date |
02/02/2023 |
| Low |
31.88 |
| Low Date |
03/15/2023 |
|
| Description |
Value |
| Direction |
Up |
| Chart Pattern |
Rising Wedge |
| Status |
Broken Support |
| Resistance |
36.24 |
| Support |
35.31 |
| Low |
29.55 |
| Low Date |
10/13/2022 |
| High |
35.98 |
| High Date |
02/02/2023 |
|
| Quarterly Trend |
|
| Description |
Value |
| Direction |
Down |
| Chart Pattern |
DownTrend |
| Status |
|
| Resistance |
|
| Support |
|
| High |
41.12 |
| High Date |
04/05/2022 |
| Low |
29.55 |
| Low Date |
10/13/2022 |
|
| Description |
Value |
| Direction |
Up |
| Chart Pattern |
Uptrend |
| Status |
|
| Resistance |
|
| Support |
|
| Low |
17.59 |
| Low Date |
03/23/2020 |
| High |
41.12 |
| High Date |
04/05/2022 |
|
|