|
|
Indices ETFs Technical Analysis - EWCArchive - 10/16/2026 - Sign In to see current Signals. |
iShares MSCI Canada Index (EWC) Technical Analysis
|
 |
| Summary:
| | Weekly :  | | Daily :     Move cursor over the icon to see details.
| | It was a second positive week after 4 consecutive negative weeks for the iShares MSCI Canada Index (EWC). During the week, the EWC gained 1.55 points, or 2.63%, and closed at 60.58 on Friday, October 16, 2026. It was the best weekly gain since August 7, 2026. Weekly volume was -18% 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 62.71 on August 25, 2026. EWC gained -45.12 points, or -256.51%, in 335 weeks. The chart has formed a Symmetric Triangle chart pattern. The uptrend resistance line (44.16) 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 62.71 on August 25, 2026. EWC gained -33.16 points, or -112.22%, in 201 weeks. The chart has formed a Rising Channel chart pattern. The uptrend resistance line (42.42) 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 technical indicators are neutral. The weekly MACD line is below its signal line since September 11, 2026. The distance between MACD and the signal line is near its high, but getting smaller. 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 62.71 on August 25, 2026. EWC gained -26.01 points, or -70.87%, in 505 days. The chart has formed a Rising Wedge chart pattern. The uptrend support line (62.53) 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 short-term trend.
Daily Technical Indicators: [See EWC daily technical indicators chart] Daily Williams' Percentage Range and Lane's Stochastic are overbought. Use the Technical Stock Screener to see the list of stocks with overbought daily Williams' Percentage Range and Lane's Stochastic. 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 links to access Lane's Stochastic and Williams' Percentage Range help. 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 moved above the moving average in the center of the Bollinger Bands. 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. Price is close to the 50 Day Moving Average. While daily technical indicators are overbought, the 50 Day Moving Average is considered a resistance level. 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.
| |
|
|