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Uptrend Broken SupportArchive - 9/26/2025 - Sign In to see current Signals. |
iShares MSCI South Korea Index (EWY) Technical Analysis
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| Summary:
| | Weekly :    | | Daily :  Move cursor over the icon to see details.
| | It was the negative week for the iShares MSCI South Korea Index (EWY). During the week, the EWY dropped -1.18 points, or -1.47%, and closed at 78.87 on Friday, September 26, 2025. Weekly volume was 13% 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 81.93 on September 23, 2025. EWY gained -33.44 points, or -68.96%, in 24 weeks. The chart has formed a Rising Wedge chart pattern. The price is near the trend resistance line (76.78). 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 long-term trend.
Medium-term trend: [See EWY medium-term trend chart] A medium-term uptrend had started on August 20, 2025 at 70.93 and reached 81.93 on September 23, 2025. EWY gained -11.00 points, or -15.51%, in 4 weeks. The chart has formed a Rising Channel chart pattern. The uptrend support line (81.58) 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 medium-term trend.
Weekly Technical Indicators: [See EWY weekly technical indicators chart] Weekly Williams' Percentage Range is overbought. Use the Technical Stock Screener to see the list of stocks with overbought weekly Williams' Percentage Range. Weekly 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 weekly 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. 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 February 7, 2025. This is an indication that the medium-term trend is up. Use the following link to access a MACD help.
Short-term trend: [See EWY short-term trend chart] A short-term downtrend had started on September 23, 2025 at 81.93 and reached 78.27 on September 26, 2025. EWY lost 3.66 points, or 4.47%, in 3 days. The price is now at the 16.39% retracement level.
Daily Technical Indicators: [See EWY daily technical indicators chart] Daily technical indicators are neutral. During the last week, daily Lane's Stochastic signal line (%D) has moved below overbought area. Such crossover is considered a bearish signal. The daily MACD line is above its signal line since September 5, 2025. The distance between MACD and the signal line is low and getting smaller. During the last week, the price has fallen below the Parabolic SAR (stop and reversal). A Parabolic SAR above the price is a bearish signal, and it indicates that momentum is likely to remain in the downward 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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