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Indices ETFs Technical Analysis - EWGArchive
- 6/18/2026 -
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iShares MSCI Germany Index (EWG) Technical Analysis
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| Summary:
| | Weekly : | | Daily :
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| | It was the negative week for the iShares MSCI Germany Index (EWG). During the week, the EWG dropped -0.79 points, or -1.87%, and closed at 41.52 on Thursday, June 18, 2026. Weekly volume was -46% below average.
 Long-term trend: [See EWG long-term trend chart]
A long-term uptrend had started on October 27, 2023 at 24.70 and reached 44.65 on February 27, 2026. EWG gained -19.95 points, or -80.77%, in 122 weeks. The chart has formed a Rising Channel chart pattern. The trend support level is at 40.09 and resistance is at 45.29. A Rising Channel represents price movement contained between parallel lower (support) and upper (resistance) trend lines. Trading Channeling stocks is one of the most reliable and accurate trading techniques that provide traders with precise entry and exit points as well as stop-losses and take-profit recommendations. Use the following link to access a Rising Channel chart pattern help, or use a Technical Stock Screener to see the list of stocks with Rising Channel pattern in a long-term trend.
 Medium-term trend: [See EWG medium-term trend chart]
A medium-term uptrend had started on March 27, 2026 at 37.98 and reached 43.83 on May 26, 2026. EWG gained -5.85 points, or -15.40%, in 8 weeks. The chart has formed a Ascending Triangle chart pattern. The uptrend support line (46.28) is broken. Usually a broken support is considered to be a long-term bearish signal, but since daily indicators are oversold a short-term pull back is possible. EWG may retest the broken support line. It is considered to be a resistance line now. 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 EWG weekly technical indicators chart]
Weekly technical indicators are neutral.
The weekly MACD line is above its signal line since May 15, 2026. This is an indication that the medium-term trend is up. The distance between MACD and the signal line is low and getting smaller. It indicates that the current medium-term uptrend is getting weak. Use the following link to access a MACD help.
 Short-term trend: [See EWG short-term trend chart]
A short-term downtrend had started on May 26, 2026 at 43.83 and reached 41.24 on June 10, 2026. EWG lost 2.59 points, or 5.91%, in 15 days. The price is now at the 10.81% retracement level.
 Daily Technical Indicators: [See EWG daily technical indicators chart]
Daily Williams' Percentage Range is oversold. Use the Technical Stock Screener to see the list of stocks with daily oversold 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 daily MACD line is below its signal line since June 3, 2026. This is an indication that the short-term trend is down.
During the last week, the price has crossed below the 50 Day Moving Average. While the medium-term trend is up and daily technical indicators are oversold, the 50 Day Moving Average is considered a support 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.
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