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Archive - 5/23/2025 - Sign In to see current Signals. |
iShares MSCI EMU Index (EZU) Technical Analysis
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| Summary:
| | Weekly :     | | Daily :  Move cursor over the icon to see details.
| | It was a seventh positive week after 4 consecutive negative weeks for the iShares MSCI EMU Index (EZU). During the week, the EZU climbed 0.35 points, or 0.60%, and closed at 58.42 on Friday, May 23, 2025. EZU was trading at average weekly trading volume.
Long-term trend: [See EZU long-term trend chart] A long-term uptrend had started on October 13, 2022 at 31.14 and reached 59.59 on May 21, 2025. EZU gained -28.45 points, or -91.36%, in 135 weeks. The chart has formed a Rising Wedge chart pattern. The uptrend resistance line (50.06) 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 EZU medium-term trend chart] A medium-term uptrend had started on December 20, 2024 at 46.62 and reached 59.59 on May 21, 2025. EZU gained -12.97 points, or -27.82%, in 21 weeks. The price is now at the 9.02% retracement level.
Weekly Technical Indicators: [See EZU weekly technical indicators chart] Weekly Williams' Percentage Range is overbought while Lane's Stochastic is strongly overbought. Use the Technical Stock Screener to see the list of stocks with overbought weekly Williams' Percentage Range or strongly overbought weekly Lane's Stochastic. During the last week, weekly Lane's Stochastic main line (%K) has declined below the overbought signal line (%D). Such crossover is considered a bearish signal. Weekly Relative Strength Index and MACD have bearish divergence. Use the following links to access the Relative Strength Index and MACD help, or use the Technical Stock Screener to see the list of stocks with weekly Relative Strength Index 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 January 24, 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 EZU short-term trend chart] A short-term uptrend had started on April 8, 2025 at 47.11 and reached 59.59 on May 21, 2025. EZU gained -12.48 points, or -26.49%, in 43 days. The price is now at the 9.38% retracement level.
Daily Technical Indicators: [See EZU daily technical indicators chart] Daily technical indicators are neutral. During the last week, daily Lane's Stochastic main line (%K) has declined below the overbought signal line (%D). Such crossover is considered a bearish signal. The daily MACD line is above its signal line since April 15, 2025. This is an indication that the short-term trend is up. The distance between MACD and the signal line is low and getting smaller. It indicates that the current short-term uptrend is getting weak. 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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