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Indices ETFs Technical Analysis - EWIArchive - 3/27/2026 - Sign In to see current Signals. |
iShares MSCI Italy Index (EWI) Technical Analysis
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| Summary:
| | Weekly :  | | Daily :  Move cursor over the icon to see details.
| | It was a first positive week after 3 consecutive negative weeks for the iShares MSCI Italy Index (EWI). During the week, the EWI climbed 0.40 points, or 0.79%, and closed at 51.10 on Friday, March 27, 2026. Weekly volume was 32% 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 57.94 on February 26, 2026. EWI gained -36.95 points, or -176.04%, in 176 weeks. The chart has formed a Rising Wedge chart pattern. The uptrend resistance line (47.01) 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 57.94 on February 26, 2026. EWI gained -22.74 points, or -64.60%, in 61 weeks. The chart has formed a Broadening Ascending Wedge chart pattern. The trend support level is at 39.58 and resistance is at 59.17. A Broadening Ascending 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 Ascending Wedge chart pattern help, or use a Technical Stock Screener to see the list of stocks with Broadening Ascending Wedge pattern in a medium-term trend.
Weekly Technical Indicators: [See EWI weekly technical indicators chart] Weekly Williams' Percentage Range is oversold. Use the Technical Stock Screener to see the list of stocks with weekly oversold 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 below its signal line since February 27, 2026. The distance between MACD and the signal line is near its high and getting bigger. 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 February 26, 2026 at 57.94 and reached 50.48 on March 20, 2026. EWI lost 7.46 points, or 12.88%, in 22 days. The price is now at the 8.31% retracement level.
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. The daily MACD line is below its signal line since February 27, 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. 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.
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