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Downtrend ExhaustionArchive - 3/27/2026 - 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 first positive week after 3 consecutive negative weeks for the iShares MSCI France Index (EWQ). During the week, the EWQ climbed 0.19 points, or 0.46%, and closed at 41.87 on Friday, March 27, 2026. Weekly volume was 99% 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 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 trend support level is at 38.75 and resistance is at 43.21. 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 downtrend had started on February 26, 2026 at 48.39 and reached 41.58 on March 20, 2026. EWQ lost 6.81 points, or 14.07%, in 3 weeks. Price is near the trend low.
Weekly Technical Indicators: [See EWQ weekly technical indicators chart] Weekly Williams' Percentage Range is strongly oversold. Use the Technical Stock Screener to see the list of stocks with weekly strongly 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 March 6, 2026. This is an indication that the medium-term trend is down. The distance between MACD and the signal line is near its high and getting bigger. It indicates that the current medium-term downtrend is strong. 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 March 23, 2026 at 43.37 and reached 41.72 on March 27, 2026. EWQ lost 1.65 points, or 3.80%, in 4 days. The price is now at the 9.09% retracement level.
Daily Technical Indicators: [See EWQ daily technical indicators chart] Daily Williams' Percentage Range is strongly oversold. Use the Technical Stock Screener to see the list of stocks with daily strongly 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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