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Archive
- 3/21/2025 -
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iShares MSCI Italy Index (EWI) Technical Analysis |
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| Summary:
| | Weekly :  | | Daily :
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| | It was the negative week for the iShares MSCI Italy Index (EWI). During the week, the EWI gave back -0.08 points, or -0.19%, and closed at 42.95 on Friday, March 21, 2025. It was the worst weekly loss since January 31, 2025. Weekly volume was 19% above average.
 Long-term trend: [See EWI long-term trend chart]
A long-term uptrend had started on October 13, 2022 at 20.99 and reached 44.16 on March 19, 2025. EWI gained -23.17 points, or -110.39%, in 126 weeks. The chart has formed a Rising Wedge chart pattern. The price is near the trend resistance line (42.91). The resistance is usually stronger when technical indicators are overbought. Use the following links to access Trend Support/Resistance Help, or use the Technical Stock Screener to see the list of stocks with price testing the trend resistance line in a long-term trend.
 Medium-term trend: [See EWI medium-term trend chart]
A medium-term uptrend had started on December 20, 2024 at 35.20 and reached 44.16 on March 19, 2025. EWI gained -8.96 points, or -25.45%, in 12 weeks. The chart has formed a Rising Channel chart pattern. The price is near the trend support (42.84) line. The support is usually stronger when technical indicators are oversold. Use the following links to access Trend Support/Resistance Help, or use the Technical Stock Screener to see the list of stocks with price testing the trend support line in a medium-term trend.
 Weekly Technical Indicators: [See EWI 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. 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 and Williams' Percentage Range help.
The weekly MACD line is above its signal line since January 24, 2025. This is an indication that the medium-term trend is up. The distance between MACD and the signal line is near its 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 EWI short-term trend chart]
A short-term downtrend had started on March 19, 2025 at 44.16 and reached 42.82 on March 21, 2025. EWI lost 1.34 points, or 3.03%, in 2 days. The price is now at the 9.70% retracement level.
 Daily Technical Indicators: [See EWI daily technical indicators chart]
Daily technical indicators are neutral.
During the last week, daily MACD line has moved below its signal line. Such crossover is considered a bearish signal.
During the last week, the price has fallen below the Parabolic SAR (stop and reversal). A Parabolic SAR above the price is a bearish signal, and it indicates that momentum is likely to remain in the downward 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.
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