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Archive - 5/23/2025 - Sign In to see current Signals. |
iShares MSCI France Index (EWQ) Technical Analysis
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| Summary:
| | Weekly :  | | Daily :  Move cursor over the icon to see details.
| | It was a second consecutive positive week for the iShares MSCI France Index (EWQ). During the week, the EWQ climbed 0.15 points, or 0.36%, and closed at 42.40 on Friday, May 23, 2025. Weekly volume was -18% below average.
Long-term trend: [See EWQ long-term trend chart] A long-term uptrend had started on March 18, 2020 at 19.29 and reached 43.26 on May 21, 2025. EWQ gained -23.97 points, or -124.26%, in 270 weeks. The chart has formed a Rising Wedge chart pattern. The trend support level is at 35.98 and resistance is at 43.39. A Rising Wage is a triangle formation with a noticeable slant to the upside. It represents the loss of an upside momentum on each successive high and has a bearish bias. The Rising wedge usually marks a reversal in an uptrend. In a downtrend a rising wedge is considered to be a continuation pattern. Use the following link to access a Rising Wedge chart pattern help, or use a Technical Stock Screener to see the list of stocks with Rising Wedge pattern in a long-term trend.
Medium-term trend: [See EWQ medium-term trend chart] A medium-term uptrend had started on January 3, 2025 at 35.22 and reached 43.26 on May 21, 2025. EWQ gained -8.04 points, or -22.83%, in 19 weeks. The price is now at the 10.70% retracement level.
Weekly Technical Indicators: [See EWQ weekly technical indicators chart] Weekly Williams' Percentage Range and Lane's Stochastic are overbought. Use the Technical Stock Screener to see the list of stocks with overbought weekly Williams' Percentage Range and Lane's Stochastic. Weekly Relative Strength Index, Lane's Stochastic and MACD have bearish divergence. Use the following links to access the Relative Strength Index, Lane's Stochastic and MACD help, or use the Technical Stock Screener to see the list of stocks with weekly Relative Strength Index, Lane's Stochastic 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. Use the following link to access a MACD help.
Short-term trend: [See EWQ short-term trend chart] A short-term downtrend had started on May 21, 2025 at 43.26 and reached 41.77 on May 23, 2025. EWQ lost 1.49 points, or 3.44%, in 2 days. The price is now at the 42.28% retracement level.
Daily Technical Indicators: [See EWQ daily technical indicators chart] Daily technical indicators are neutral. During the last week, daily Lane's Stochastic main line (%K) has declined below the overbought signal line (%D). Such crossover is considered a bearish signal. The daily MACD line is above its signal line since April 15, 2025. The distance between MACD and the signal line is low and getting smaller. 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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