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ISHARES MSCI BELGIUM ETF (EWK) Stock Technical Analysis

USA - NYSE Arca - NYSEARCA:EWK - US4642863017 - ETF

24.0095 USD
-0.23 (-0.95%)
Last: 12/9/2025, 8:04:00 PM
Technical Rating and Analysis

10

We assign a technical rating of 10 out of 10 to EWK. Both in the recent history as in the last year, EWK has proven to be a steady performer, scoring decent points in every aspect analyzed.

Warning: EWK has an average volume of 25950 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
Both the short term and long term trends are positive. This is a very positive sign.
Looking at the yearly performance, EWK did better than 81% of all other stocks. We also observe that the gains produced by EWK over the past year are nicely spread over this period.
EWK is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
In the last month EWK has a been trading in a tight range between 23.52 and 24.49.
Volume is considerably higher in the last couple of days.
Weekly and Daily overview Charts
ISHARES MSCI BELGIUM ETF / EWK Weekly stock chart
ISHARES MSCI BELGIUM ETF / EWK Daily stock chart
Setup Rating and Analysis

8

EWK has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately. A pullback is taking place, which may present a nice opportunity for an entry. There is a support zone below the current price at 23.99, a Stop Loss order could be placed below this zone. Very recently a Pocket Pivot signal was observed. This is another positive sign.

  • A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
Support and Resistance Analysis

17.85

24.61

When analyzing the support we can see 3 important areas.

  • A support zone ranging from 23.14 to 23.99. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • A support zone ranging from 22.23 to 22.66. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Support @18.03 from a horizontal line in the weekly time frame.

We found 1 important resistance area.

  • A resistance zone ranging from 24.09 to 24.37. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
Technical Indicator Signal Analysis

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.

IndicatorValueSignalComment
ChartMill Long Term Trend IndicatorUPPOSITIVEThe long term trend for EWK is up.
ChartMill Short Term Trend IndicatorUPPOSITIVEThe short term trend for EWK is up.
ChartMill Relative Strength81.82POSITIVEEWK has a high relative strength, it outperformed 81.82% off all stocks on the market.
Simple Moving Average/SMA (20)UPMIXEDThe current price of EWK is below the rising SMA(20).
Simple Moving Average/SMA (50)UPPOSITIVEThe current price of EWK is above the rising SMA(50).
Simple Moving Average/SMA (200)UPPOSITIVEThe current price of EWK is above the rising SMA(200).
Relative Strength Index/RSI (14)50.39NEUTRALThe RSI value for EWK is a neutral value.
Moving Average Convergence Divergence/MACD (12, 26, 9)0NEGATIVEThe MACD value suggests EWK has a negative trend.
Stochastics (14,3)74.26NEUTRALThe Stochastics value for EWK is a neutral value.
Average True Range in percent/ATR (20)0.98LOW VOLATILITYThe low ATR as a percentage value for EWK suggests low volalility.
Average Directional Index/ADX (14)15.45NEGATIVEThe low ADX value for EWK suggests a weak or negative trend.
Chart- and CandleStick Pattern Analysis
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Example Setup

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.

ENTRYEXITDISTANCECAPITAL
24.2123.900.31 (1.26%)25.00%
An entry @24.21. This is a Buy Stop order right above the 10 day moving average.An exit @23.90. This is a Stop Loss order right below the 10 day low.The worst case loss on the trade is limited to 0.31 points, which is 1.26%.When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.32%.

  • The distance between exit and entry is rather small compared to the average daily movement of EWK. Please evaluate whether better entry and exit points can be found.
  • The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
  • This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
ISHARES MSCI BELGIUM ETF / EWK Daily stock chart

ISHARES MSCI BELGIUM ETF

NYSEARCA:EWK (12/9/2025, 8:04:00 PM)

24.0095

-0.23 (-0.95%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-0.95%
1 Week-0.62%
2 Weeks0.63%
1 Month0.54%
3 Month4.71%
6 Month8.1%
12 Month26.72%
2 Year27.41%
3 Year33.98%
5 Year22.35%
10 Year32.94%
15 Year82.86%
Volatility
ATR(14)0.22
ATR(20)%0.98%
ATR Inc6.5%
Range Today0.06
ADR(20)0.17
ADR(20)%0.71%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS81.82
3 months CRS74.91
6 months CRS57.42
Mansfield0.07
10 Day High24.44
10 Day Low23.91
20 Day High24.49
20 Day Low23.52
52 Week High24.49
52 Week Low17.74
CS1 End23.99
CR1 Start24.09
Volume & EV
DER(3)-0.1%
DER(5)-0.02%
Volume2.10K
Volume Incr712.49%
Vol(5)114.00K
Vol(50)25.95K

ISHARES MSCI BELGIUM ETF / EWK FAQ

Can you provide the ChartMill technical rating for ISHARES MSCI BELGIUM ETF?

ChartMill assigns a technical rating of 10 / 10 to EWK.


What is the trend direction for EWK stock?

The current trend direction for ISHARES MSCI BELGIUM ETF (EWK) is Bullish.


Can you provide the RSI signal for ISHARES MSCI BELGIUM ETF?

ISHARES MSCI BELGIUM ETF (EWK) has an RSI value of 50.3937. This indicates that the stock is currently neutral.


What is the MACD signal for EWK stock?

The MACD indicator for ISHARES MSCI BELGIUM ETF (EWK) has a value of -0.00388693, indicating a bearish trend.


What is the buy/sell signal for ISHARES MSCI BELGIUM ETF (EWK) stock?

The buy/sell signal for ISHARES MSCI BELGIUM ETF (EWK) is buy as both the short term and long term trends are positive.