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Indices ETFs Technical Analysis - EWG

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- 8/14/2026 -
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iShares MSCI Germany Index (EWG) Technical Analysis

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Summary:
Weekly :Williams' Percentage Range is strongly overboughtBroken trend resistance line
Daily :Broken uptrend resistance line - uptrend exhaustionRelative Strength Index and Lane's Stochastic are overboughtWilliams' Percentage Range is strongly overboughtMACD bearish divergence
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It was a third positive week after 3 consecutive negative weeks for the iShares MSCI Germany Index (EWG). During the week, the EWG climbed 0.14 points, or 0.32%, and closed at 44.16 on Friday, August 14, 2026. On Friday EWG has reached 44.27 - the highest level since February 27, 2026. Weekly volume was -78% below average.

Long-term trend: [See EWG long-term trend chart]
A long-term uptrend had started on September 27, 2022 at 19.35 and reached 44.65 on February 27, 2026. EWG gained -25.30 points, or -130.75%, in 178 weeks. The chart has formed a Rising Channel chart pattern. The trend support level is at 38.90 and resistance is at 46.60. 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 downtrend had started on February 27, 2026 at 44.65 and reached 37.98 on March 27, 2026. EWG lost 6.67 points, or 14.94%, in 4 weeks. The chart has formed a Symmetric Triangle chart pattern. The downtrend resistance line (41.77) is broken. Usually a broken resistance is considered to be a long-term bullish signal, but since daily indicators are overbought a short-term pull back is possible. EWG may retest the broken resistance line. It is considered to be a support 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 resistance line in a medium-term trend.

Weekly Technical Indicators: [See EWG weekly technical indicators chart]
Weekly Williams' Percentage Range is strongly overbought. Use the Technical Stock Screener to see the list of stocks with strongly overbought weekly overbought 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 above its signal line since July 31, 2026. Use the following link to access a MACD help.

Short-term trend: [See EWG short-term trend chart]
A short-term uptrend had started on June 24, 2026 at 40.35 and reached 44.27 on August 14, 2026. EWG gained -3.92 points, or -9.71%, in 51 days. The chart has formed a Falling Wedge chart pattern. The uptrend resistance line (39.97) is broken, while daily and weekly technical indicators are overbought. Uptrend is exhausted and trend reversal is possible soon. 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 short-term trend.

Daily Technical Indicators: [See EWG daily technical indicators chart]
Daily Relative Strength Index and Lane's Stochastic are overbought while Williams' Percentage Range is strongly overbought. Use the Technical Stock Screener to see the list of stocks with overbought daily Relative Strength Index and Lane's Stochastic or strongly overbought daily Williams' Percentage Range. Daily MACD has bearish divergence. Use the following links to access the MACD help, or use the Technical Stock Screener to see the list of stocks with daily MACD bearish divergence. The divergence between price and indicator is considering one of the most important buy/sell stocks trading signal. Use the following links to access Lane's Stochastic and Relative Strength Index help.

The daily MACD line is above its signal line since July 24, 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.

Daily Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 82.87
Overbought
Williams' Percentage Range (W%R) 1.10
Strong Overbought
Lane's Stochastic (%D-Slow) 85.16
Overbought
Greed/Fear Indicator (GFI) 88.97
Overbought
Moving Average Converg./Diverg. (MACD) 0.53 Bearish
Weekly Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 56.06
Williams' Percentage Range (W%R) 0.70
Strong Overbought
Lane's Stochastic (%D-Slow) 58.27
Greed/Fear Indicator (GFI) 70.90
Moving Average Converg./Diverg. (MACD) 0.08
Trading Signals
Description Value Chart
Yearly Trendline Resistance 46.60
Upper Bollinger Band 45.47
Price 44.16
Daily Stochastic Crossing 44.14
Parabolic System 43.69
Quarterly Trendline Resistance 43.06
Weekly Stochastic Crossing 42.94
20 Day Moving Average 42.74
50 Day Moving Average 42.05
Quarterly Trendline Support 41.77
Lower Bollinger Band 40.62
Weekly Trendline Support 39.97
Weekly Trendline Resistance 39.89
Yearly Trendline Support 38.90
Sector and Industry
Description Name Rank
Sector
Industry
Daily Trend
Description Value
Direction Up
Chart Pattern Uptrend
Low 40.47
Low Date 07/23/2026
High 44.27
High Date 08/14/2026
Weekly Trend
Monthly Trend
Description Value
Direction Up
Chart Pattern Falling Wedge
Status Broken Resistance
Resistance 39.89
Support 39.97
Low 40.35
Low Date 06/24/2026
High 44.27
High Date 08/14/2026
Description Value
Direction Up
Chart Pattern Uptrend
Status
Resistance
Support
Low 37.98
Low Date 03/27/2026
High 44.27
High Date 08/14/2026
Quarterly Trend
Yearly Trend
Description Value
Direction Down
Chart Pattern Symmetric Triangle
Status Broken Resistance
Resistance 43.06
Support 41.77
High 44.65
High Date 02/27/2026
Low 37.98
Low Date 03/27/2026
Description Value
Direction Up
Chart Pattern Rising Channel
Status Valid
Resistance 46.60
Support 38.90
Low 19.35
Low Date 09/27/2022
High 44.65
High Date 02/27/2026
Warning: TheGreedyTrader.com presents weekly analysis. Technical indicators and trend parameters are calculated for the close of business day indicated on the top right corner of the screen.