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Archive - 10/9/2026 - Sign In to see current Signals. |
iShares MSCI United Kingdom Index (EWU) Technical Analysis
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| Summary:
| | Weekly :  | | Daily :  Move cursor over the icon to see details.
| | It was a first positive week for the iShares MSCI United Kingdom Index (EWU). During the week, the EWU climbed 0.34 points, or 0.74%, and closed at 46.52 on Friday, October 9, 2026. It was the best weekly gain since August 21, 2026. Weekly volume was -44% below average.
Long-term trend: [See EWU long-term trend chart] A long-term uptrend had started on March 23, 2020 at 19.51 and reached 49.39 on August 25, 2026. EWU gained -29.88 points, or -153.15%, in 335 weeks. The chart has formed a Rising Wedge chart pattern. The uptrend resistance line (36.44) 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 EWU medium-term trend chart] A medium-term uptrend had started on September 28, 2022 at 25.36 and reached 49.39 on August 25, 2026. EWU gained -24.03 points, or -94.76%, in 203 weeks. The chart has formed a Rising Channel chart pattern. The uptrend resistance line (35.50) 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 medium-term trend.
Weekly Technical Indicators: [See EWU weekly technical indicators chart] Weekly technical indicators are neutral. The weekly MACD line is below its signal line since September 11, 2026. The distance between MACD and the signal line is relatively high and getting bigger. Use the following link to access a MACD help.
Short-term trend: [See EWU short-term trend chart] A short-term downtrend had started on August 25, 2026 at 49.39 and reached 45.63 on October 1, 2026. EWU lost 3.76 points, or 7.61%, in 37 days. The chart has formed a Falling Channel chart pattern. The trend support level is at 45.73 and resistance is at 46.62. A Falling Channel represents price movement contained between parallel lower (support) and upper (resistance) trend lines. Trading Channeling stocks is one of the most reliable and accurate trading techniques that provide traders with precise entry and exit points as well as stop-losses and take-profit recommendations. Use the following link to access a Falling Channel chart pattern help, or use a Technical Stock Screener to see the list of stocks with Falling Channel pattern in a short-term trend.
Daily Technical Indicators: [See EWU daily technical indicators chart] Daily technical indicators are neutral. During the last week, daily Lane's Stochastic signal line (%D) has moved above oversold area. Such crossover is considered a bullish 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 link to access Lane's Stochastic help. The daily MACD line is below its signal line since August 26, 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. A Parabolic SAR (stop and reversal) indicator (46.71) comes close to the price (46.52). 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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