|
|
Downtrend Broken Resist.Archive
- 9/5/2025 -
Sign In to see current Signals. |
iShares MSCI South Korea Index (EWY) Technical Analysis
|
 |
| Summary:
| | Weekly :  | | Daily :
Move cursor over the icon to see details.
| | It was a first positive week for the iShares MSCI South Korea Index (EWY). During the week, the EWY gained 1.39 points, or 1.92%, and closed at 73.63 on Friday, September 5, 2025. Weekly volume was -34% below average.
 Long-term trend: [See EWY long-term trend chart]
A long-term uptrend had started on April 8, 2025 at 48.49 and reached 74.96 on August 13, 2025. EWY gained -26.47 points, or -54.59%, in 18 weeks. The chart has formed a Rising Wedge chart pattern. The uptrend support line (77.00) is broken. A broken support is considered to be a long-term bearish signal. 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 support in a long-term trend.
 Medium-term trend: [See EWY medium-term trend chart]
A medium-term downtrend had started on August 13, 2025 at 74.96 and reached 70.93 on August 20, 2025. EWY lost 4.03 points, or 5.38%, in 1 weeks. The chart has formed a Symmetric Triangle chart pattern. The downtrend resistance line (71.56) is broken. A broken support is considered to be a long-term bullish signal. 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 EWY weekly technical indicators chart]
Weekly Relative Strength Index is 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 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 Relative Strength Index and Williams' Percentage Range help.
The weekly MACD line is above its signal line since February 7, 2025. The distance between MACD and the signal line is low and getting smaller. Use the following link to access a MACD help.
 Short-term trend: [See EWY short-term trend chart]
A short-term uptrend had started on August 20, 2025 at 70.93 and reached 73.91 on September 5, 2025. EWY gained -2.98 points, or -4.20%, in 16 days. The price is now at the 9.40% retracement level.
 Daily Technical Indicators: [See EWY daily technical indicators chart]
Daily technical indicators are neutral.
The daily MACD line is below its signal line since July 3, 2025. The distance between MACD and the signal line is low and getting smaller.
During the last week, the price has moved above the moving average in the center of the Bollinger Bands. The distance between the Bollinger Bands is falling, and it was 4.94% on Friday. It is 52.42% lower than one year average. It indicates the period of low volatility of the stock price. 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.
During the last week, the price has advanced above the 50 Day Moving Average. Such crossover is considered a bullish signal. The moving average crossover signals work better when the stock develops a strong trend, but they are ineffective when the stock is in a trading range. Moving average crossover systems can be effective, but should be used in conjunction with trend patterns, momentum indicators, candlesticks and other aspects of technical analysis. Use the following links to access Moving Average Crossover trading technique, or use the Technical Stock Screener to see the list of stocks with the Moving Average close to the price level.
| |
|
|