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Indices ETFs Technical Analysis - EWGArchive - 5/8/2026 - 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 first positive week for the iShares MSCI Germany Index (EWG). During the week, the EWG climbed 0.32 points, or 0.76%, and closed at 42.65 on Friday, May 8, 2026. Weekly volume was -28% 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 39.97 and resistance is at 44.81. 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 price is now at the 70.01% retracement level.
Weekly Technical Indicators: [See EWG weekly technical indicators chart] Weekly technical indicators are neutral. The weekly MACD line is below its signal line since February 27, 2026. This is an indication that the medium-term trend is down. The distance between MACD and the signal line is low and getting smaller. It indicates that the current medium-term downtrend 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 April 17, 2026 at 43.70 and reached 41.18 on April 29, 2026. EWG lost 2.52 points, or 5.77%, in 12 days. The price is now at the 58.33% retracement level.
Daily Technical Indicators: [See EWG daily technical indicators chart] Daily technical indicators are neutral. 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 risen above the Parabolic SAR (stop and reversal). A Parabolic SAR below the price is a bullish signal, and it indicates that momentum is likely to remain in the upward direction. A Parabolic SAR is used as a trailing stop loss for long or short positions. It works best during strong trending periods. Use the following links to access Parabolic SAR Help, or use the Technical Stock Screener to see the list of stocks with the Parabolic SAR close to the price level.
Candlestick pattern: [See EWG candlestick chart pattern] On Friday the chart has formed a Bullish Homing Pigeon Candlestick pattern. A Bullish Homing Pigeon pattern occurs in a downtrend. Market usually has a tendency to enter into a congestion phase following a Homing Pigeon pattern.The reliability of the Bullish Homing Pigeon is medium. Use the Technical Stock Screener to see the list of stocks that had a Bullish Homing Pigeon Candlestick pattern during the last week.
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| Daily Oscillators |
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| Weekly Oscillators |
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| Trading
Signals |
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| Sector and
Industry |
| Description |
Name |
Rank |
| Sector |
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| Industry |
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| Daily Trend |
| Description |
Value |
| Direction |
Down |
| Chart Pattern |
DownTrend |
| High |
43.70 |
| High Date |
04/17/2026 |
| Low |
41.18 |
| Low Date |
04/29/2026 |
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| Weekly Trend |
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| Description |
Value |
| Direction |
Up |
| Chart Pattern |
Uptrend |
| Status |
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| Resistance |
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| Support |
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| Low |
37.98 |
| Low Date |
03/27/2026 |
| High |
43.70 |
| High Date |
04/17/2026 |
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| Description |
Value |
| Direction |
Down |
| Chart Pattern |
DownTrend |
| Status |
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| Resistance |
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| Support |
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| High |
44.65 |
| High Date |
02/27/2026 |
| Low |
37.98 |
| Low Date |
03/27/2026 |
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| Quarterly Trend |
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| Description |
Value |
| Direction |
Up |
| Chart Pattern |
Rising Channel |
| Status |
Valid |
| Resistance |
44.81 |
| Support |
39.97 |
| Low |
24.70 |
| Low Date |
10/27/2023 |
| High |
44.65 |
| High Date |
02/27/2026 |
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| Description |
Value |
| Direction |
Up |
| Chart Pattern |
Uptrend |
| Status |
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| Resistance |
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| Support |
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| Low |
19.35 |
| Low Date |
09/27/2022 |
| High |
44.65 |
| High Date |
02/27/2026 |
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