|
|
Downtrend Broken Resist.Archive
- 1/23/2026 -
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 fifth consecutive positive week for the iShares MSCI South Korea Index (EWY). During the week, the EWY gained 5.75 points, or 5.12%, and closed at 117.97 on Friday, January 23, 2026. Weekly volume was 79% above 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 118.41 on January 23, 2026. EWY gained -69.92 points, or -144.19%, in 41 weeks. The chart has formed a Broadening Ascending Wedge chart pattern. The trend support level is at 96.90 and resistance is at 123.29. A Broadening Ascending Wedge pattern is considered to be a reversal formation. It usually appears in a mature trend, characterized by overbought/oversold long-term and short-term indicators, and often generates divergence on long-term indicators. Use the following link to access a Broadening Ascending Wedge chart pattern help, or use a Technical Stock Screener to see the list of stocks with Broadening Ascending Wedge pattern in a long-term trend.
 Medium-term trend: [See EWY medium-term trend chart]
A medium-term uptrend had started on December 17, 2025 at 88.40 and reached 118.41 on January 23, 2026. EWY gained -30.01 points, or -33.95%, in 5 weeks. Price is near the trend high.
 Weekly Technical Indicators: [See EWY weekly technical indicators chart]
Weekly Williams' Percentage Range is strongly overbought. Use the Technical Stock Screener to see the list of stocks with strongly overbought weekly overbought 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 above its signal line since December 26, 2025. This is an indication that the medium-term trend is up. The distance between MACD and the signal line is relatively high and getting bigger. It indicates that the current medium-term uptrend is strong. 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 January 13, 2026 at 107.38 and reached 118.41 on January 23, 2026. EWY gained -11.03 points, or -10.27%, in 10 days. Price is near the trend high.
 Daily Technical Indicators: [See EWY daily technical indicators chart]
Daily Relative Strength Index and Williams' Percentage Range are overbought while Lane's Stochastic is strongly overbought. Use the Technical Stock Screener to see the list of stocks with overbought daily Relative Strength Index and Williams' Percentage Range or strongly overbought daily Lane's Stochastic. Daily Relative Strength Index, Lane's Stochastic and MACD have bearish divergence. Use the following links to access the Relative Strength Index, Lane's Stochastic and MACD help, or use the Technical Stock Screener to see the list of stocks with daily Relative Strength Index, Lane's Stochastic and MACD bearish divergence. The divergence between price and indicator is considering one of the most important buy/sell stocks trading signal. Use the following links to access Lane's Stochastic and Relative Strength Index help.
The daily MACD line is above its signal line since December 24, 2025. This is an indication that the short-term trend is up.
| |
|
|