|
|
Indices ETFs Technical Analysis - EWCArchive - 5/15/2026 - 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 the negative week for the iShares MSCI Canada Index (EWC). During the week, the EWC dropped -0.65 points, or -1.12%, and closed at 57.44 on Friday, May 15, 2026. It was the worst weekly loss since March 20, 2026. Weekly volume was -27% 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 58.89 on April 21, 2026. EWC gained -41.30 points, or -234.79%, in 317 weeks. The chart has formed a Symmetric Triangle chart pattern. The uptrend resistance line (42.48) 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 58.89 on April 21, 2026. EWC gained -29.34 points, or -99.29%, in 183 weeks. The chart has formed a Rising Channel chart pattern. The uptrend resistance line (40.94) 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 Lane's Stochastic is overbought. Use the Technical Stock Screener to see the list of stocks with overbought weekly 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 link to access Lane's Stochastic help. The weekly MACD line is below its signal line since March 13, 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 EWC short-term trend chart] A short-term uptrend had started on March 20, 2026 at 52.97 and reached 58.89 on April 21, 2026. EWC gained -5.92 points, or -11.18%, in 32 days. Price is near the Fibonacci 23.6% retracement level. The Fibonacci retracement level is considered a support/resistance level.
Daily Technical Indicators: [See EWC daily technical indicators chart] Daily technical indicators are neutral. The daily MACD line is below its signal line since May 1, 2026. During the last week, the price has declined below 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.
| |
|
|