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Indices ETFs Technical Analysis - EWGArchive - 5/23/2025 - Sign In to see current Signals. |
iShares MSCI Germany Index (EWG) Technical Analysis
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| Summary:
| | Weekly :      | | Daily :  Move cursor over the icon to see details.
| | It was a seventh positive week after 4 consecutive negative weeks for the iShares MSCI Germany Index (EWG). During the week, the EWG climbed 0.41 points, or 1.00%, and closed at 41.26 on Friday, May 23, 2025. Weekly volume was 124% above 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 42.12 on May 21, 2025. EWG gained -22.77 points, or -117.67%, in 138 weeks. The chart has formed a Rising Wedge chart pattern. The uptrend resistance line (34.13) 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 long-term trend.
Medium-term trend: [See EWG medium-term trend chart] A medium-term uptrend had started on October 27, 2023 at 24.70 and reached 42.12 on May 21, 2025. EWG gained -17.42 points, or -70.53%, in 81 weeks. The chart has formed a Rising Wedge chart pattern. The uptrend resistance line (34.13) 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 medium-term trend.
Weekly Technical Indicators: [See EWG weekly technical indicators chart] Weekly Williams' Percentage Range is overbought while Lane's Stochastic is strongly overbought. Use the Technical Stock Screener to see the list of stocks with overbought weekly Williams' Percentage Range or strongly overbought weekly Lane's Stochastic. During the last week, weekly Lane's Stochastic main line (%K) has declined below the overbought signal line (%D). Such crossover is considered a bearish signal. Weekly Relative Strength Index and MACD have bearish divergence. Use the following links to access the Relative Strength Index and MACD help, or use the Technical Stock Screener to see the list of stocks with weekly Relative Strength Index and MACD bearish 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 links to access Lane's Stochastic, Relative Strength Index and Williams' Percentage Range help. The weekly MACD line is above its signal line since January 17, 2025. This is an indication that the medium-term trend is up. The distance between MACD and the signal line is relatively high and getting bigger. It indicates that the current medium-term uptrend is strong. 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 April 8, 2025 at 32.82 and reached 42.12 on May 21, 2025. EWG gained -9.30 points, or -28.34%, in 43 days. The chart has formed a Rising Channel chart pattern. The uptrend resistance line (40.41) 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 Lane's Stochastic is overbought. Use the Technical Stock Screener to see the list of stocks with overbought daily Lane's Stochastic. The daily MACD line is below its signal line since May 22, 2025. The distance between MACD and the signal line is low, but getting bigger.
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