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Downtrend ExhaustionArchive - 2/27/2026 - 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 fourth consecutive positive week for the iShares MSCI France Index (EWQ). During the week, the EWQ climbed 0.19 points, or 0.40%, and closed at 47.87 on Friday, February 27, 2026. 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 48.39 on February 26, 2026. EWQ gained -29.10 points, or -150.86%, in 310 weeks. The chart has formed a Rising Wedge chart pattern. The uptrend resistance line (38.49) 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 January 21, 2026 at 44.38 and reached 48.39 on February 26, 2026. EWQ gained -4.01 points, or -9.04%, in 5 weeks. The chart has formed a Rising Wedge chart pattern. The price is near the trend resistance line (47.53). 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 medium-term trend.
Weekly Technical Indicators: [See EWQ weekly technical indicators chart] Weekly Relative Strength Index and Lane's Stochastic are overbought while Williams' Percentage Range is strongly overbought. Use the Technical Stock Screener to see the list of stocks with overbought weekly Relative Strength Index and Lane's Stochastic or strongly overbought weekly 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 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 2, 2026. 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 uptrend had started on February 13, 2026 at 46.48 and reached 48.39 on February 26, 2026. EWQ gained -1.91 points, or -4.11%, in 13 days. The price is now at the 27.23% retracement level.
Daily Technical Indicators: [See EWQ daily technical indicators chart] Daily Williams' Percentage Range and Lane's Stochastic are overbought. Use the Technical Stock Screener to see the list of stocks with overbought daily Williams' Percentage Range and Lane's Stochastic. 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 February 3, 2026. This is an indication that the short-term trend is up. The distance between MACD and the signal line is low and getting smaller. It indicates that the current short-term uptrend is getting weak. A Parabolic SAR (stop and reversal) indicator (47.68) comes close to the price (47.87). 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.
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