Taking everything into account, EWD scores 10 out of 10 in our technical rating. Both in the recent history as in the last year, EWD has proven to be a steady performer, scoring decent points in every aspect analyzed.
EWD has an excellent technical rating and also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 52.95, a Stop Loss order could be placed below this zone. Another positive sign is the recent Pocket Pivot signal.
37.90
6 important support areas can be observed.
We found 1 important resistance area.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | UP | POSITIVE | The long term trend for EWD is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for EWD is up. |
| ChartMill Relative Strength | 75.7 | POSITIVE | EWD has a high relative strength, it outperformed 75.7% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of EWD is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of EWD is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of EWD is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 60.92 | NEUTRAL | The RSI value for EWD is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.05 | NEGATIVE | The MACD value suggests EWD has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 71.84 | NEUTRAL | The Stochastics value for EWD is a neutral value. |
| Average True Range in percent/ATR (20) | 1.48 | LOW VOLATILITY | The low ATR as a percentage value for EWD suggests low volalility. |
| Average Directional Index/ADX (14) | 26.97 | POSITIVE | The high ADX value value for EWD suggests a strong trend. |
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 53.66 | 51.97 | 1.69 (3.15%) | 25.00% |
| An entry @53.66. This is a Buy Stop order right above the resistance zone. | An exit @51.97. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 1.69 points, which is 3.15%. | For a 0.79% total portfolio risk, you can invest 25.00% of your capital in this trade. |
NYSEARCA:EWD (2/9/2026, 8:04:00 PM)
53.38
+0.45 (+0.85%)
ChartMill assigns a technical rating of 10 / 10 to EWD.
The current trend direction for ISHARES MSCI SWEDEN ETF (EWD) is Bullish.
ISHARES MSCI SWEDEN ETF (EWD) has an RSI value of 60.9207. This indicates that the stock is currently neutral.
The short term momentum for ISHARES MSCI SWEDEN ETF (EWD) is positive.
The buy/sell signal for ISHARES MSCI SWEDEN ETF (EWD) is buy as both the short term and long term trends are positive.