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Indices ETFs Technical Analysis - EWI

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- 9/25/2026 -
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iShares MSCI Italy Index (EWI) Technical Analysis

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Summary:
Weekly :Broken trend resistance line
Daily :Williams' Percentage Range is oversoldMACD bullish divergenceA Parabolic SAR indicator is below and near the price
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It was a first positive week for the iShares MSCI Italy Index (EWI). During the week, the EWI climbed 0.35 points, or 0.58%, and closed at 60.40 on Friday, September 25, 2026. Weekly volume was -40% below 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 63.76 on August 6, 2026. EWI gained -42.77 points, or -203.76%, in 199 weeks. The chart has formed a Rising Wedge chart pattern. The uptrend resistance line (50.77) is broken. Usually a broken resistance is considered to be a long-term bullish signal, although a short-term pull back is possible. 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 EWI medium-term trend chart]
A medium-term uptrend had started on December 20, 2024 at 35.20 and reached 63.76 on August 6, 2026. EWI gained -28.56 points, or -81.14%, in 84 weeks. The chart has formed a Rising Channel chart pattern. The trend support level is at 58.17 and resistance is at 65.82. 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 medium-term trend.

Weekly Technical Indicators: [See EWI weekly technical indicators chart]
Weekly technical indicators are neutral.

The weekly MACD line is below its signal line since September 4, 2026. 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 August 6, 2026 at 63.76 and reached 59.54 on September 24, 2026. EWI lost 4.22 points, or 6.62%, in 49 days. The chart has formed a Broadening Descending Wedge chart pattern. The trend support level is at 59.49 and resistance is at 60.98. A Broadening Descending Wedge pattern is considered to be a reversal formation. It usually appears in a mature trend, characterized by overbought/oversold long-term and short-term indicators, and often generates divergence on long-term indicators. Use the following link to access a Broadening Descending Wedge chart pattern help, or use a Technical Stock Screener to see the list of stocks with Broadening Descending Wedge pattern in a short-term trend.

Daily Technical Indicators: [See EWI 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. Daily MACD has bullish 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 bullish 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 link to access Williams' Percentage Range help.

The daily MACD line is below its signal line since August 17, 2026. This is an indication that the short-term trend is down. The distance between MACD and the signal line is low and getting smaller. It indicates that the current short-term downtrend is getting weak.

A Parabolic SAR (stop and reversal) indicator (60.91) comes close to the price (60.40). It indicates that the trend is getting weaker. 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.

Daily Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 40.69
Williams' Percentage Range (W%R) 82.40
Oversold
Lane's Stochastic (%D-Slow) 36.38
Greed/Fear Indicator (GFI) 31.54
Moving Average Converg./Diverg. (MACD) -0.35 Bullish
Weekly Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 49.13
Williams' Percentage Range (W%R) 57.20
Lane's Stochastic (%D-Slow) 47.72
Greed/Fear Indicator (GFI) 47.69
Moving Average Converg./Diverg. (MACD) 1.84
Trading Signals
Description Value Chart
Monthly Trendline Resistance 65.82
Upper Bollinger Band 62.47
50 Day Moving Average 61.70
Weekly Stochastic Crossing 61.20
20 Day Moving Average 61.12
Weekly Trendline Resistance 60.98
Parabolic System 60.91
Price 60.40
Daily Stochastic Crossing 60.08
Lower Bollinger Band 59.67
Weekly Trendline Support 59.49
Monthly Trendline Support 58.17
Quarterly Trendline Resistance 51.14
Quarterly Trendline Support 50.77
Sector and Industry
Description Name Rank
Sector
Industry
Daily Trend
Description Value
Direction Down
Chart Pattern DownTrend
High 61.33
High Date 09/21/2026
Low 59.54
Low Date 09/24/2026
Weekly Trend
Monthly Trend
Description Value
Direction Down
Chart Pattern Broadening Descending Wedge
Status Valid
Resistance 60.98
Support 59.49
High 63.76
High Date 08/06/2026
Low 59.54
Low Date 09/24/2026
Description Value
Direction Up
Chart Pattern Rising Channel
Status Valid
Resistance 65.82
Support 58.17
Low 35.20
Low Date 12/20/2024
High 63.76
High Date 08/06/2026
Quarterly Trend
Yearly Trend
Description Value
Direction Up
Chart Pattern Rising Wedge
Status Broken Resistance
Resistance 51.14
Support 50.77
Low 20.99
Low Date 10/13/2022
High 63.76
High Date 08/06/2026
Description Value
Direction Up
Chart Pattern Uptrend
Status
Resistance
Support
Low 17.84
Low Date 03/16/2020
High 63.76
High Date 08/06/2026
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.