|
|
Downtrend ExhaustionArchive - 2/6/2026 - Sign In to see current Signals. |
iShares MSCI France Index (EWQ) Technical Analysis
|
 |
| Summary:
| | Weekly :  | | Daily :   Move cursor over the icon to see details.
| | It was a first positive week for the iShares MSCI France Index (EWQ). During the week, the EWQ gained 1.05 points, or 2.32%, and closed at 46.40 on Friday, February 6, 2026. It was the best weekly gain since November 14, 2025. Weekly volume was 12% above 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 46.42 on February 6, 2026. EWQ gained -27.13 points, or -140.64%, in 307 weeks. The chart has formed a Rising Wedge chart pattern. The uptrend resistance line (38.31) is broken, while daily and weekly technical indicators are overbought. Uptrend is exhausted and trend reversal is possible soon. 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 EWQ medium-term trend chart] A medium-term uptrend had started on November 20, 2025 at 42.94 and reached 46.42 on February 6, 2026. EWQ gained -3.48 points, or -8.10%, in 11 weeks. Price is near the trend high.
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. 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 2, 2026. This is an indication that the medium-term trend is up. The distance between MACD and the signal line is low, but getting bigger. It indicates that the current medium-term uptrend is getting stronger. Use the following link to access a MACD help.
Short-term trend: [See EWQ short-term trend chart] A short-term uptrend had started on January 21, 2026 at 44.38 and reached 46.42 on February 6, 2026. EWQ gained -2.04 points, or -4.60%, in 16 days. Price is near the trend high.
Daily Technical Indicators: [See EWQ daily technical indicators chart] Daily Williams' Percentage Range is overbought. Use the Technical Stock Screener to see the list of stocks with overbought daily Williams' Percentage Range. During the last week, daily MACD line has moved above its signal line. Such crossover is considered a bullish signal. The price touches the upper Bollinger Band. The Bollinger Bands are often used with a non-oscillator indicator like chart patterns or a trendline. The signals are considered more reliable if these indicators confirm the recommendation of the Bollinger Bands. Use the following links to access the Bollinger Bands Help, or use the Technical Stock Screener to see the list of stocks with the price above the Upper Bollinger Band or below the Lower Bollinger Band.
| |
|
|