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.
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.
17.85
When analyzing the support we can see 3 important areas.
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 EWK is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for EWK is up. |
| ChartMill Relative Strength | 81.82 | POSITIVE | EWK has a high relative strength, it outperformed 81.82% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of EWK is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of EWK is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of EWK is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 50.39 | NEUTRAL | The RSI value for EWK is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests EWK has a negative trend. |
| Stochastics (14,3) | 74.26 | NEUTRAL | The Stochastics value for EWK is a neutral value. |
| Average True Range in percent/ATR (20) | 0.98 | LOW VOLATILITY | The low ATR as a percentage value for EWK suggests low volalility. |
| Average Directional Index/ADX (14) | 15.45 | NEGATIVE | The low ADX value for EWK suggests a weak or negative 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 |
|---|---|---|---|
| 24.21 | 23.90 | 0.31 (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%. |
NYSEARCA:EWK (12/9/2025, 8:04:00 PM)
24.0095
-0.23 (-0.95%)
ChartMill assigns a technical rating of 10 / 10 to EWK.
The current trend direction for ISHARES MSCI BELGIUM ETF (EWK) is Bullish.
ISHARES MSCI BELGIUM ETF (EWK) has an RSI value of 50.3937. This indicates that the stock is currently neutral.
The MACD indicator for ISHARES MSCI BELGIUM ETF (EWK) has a value of -0.00388693, indicating a bearish trend.
The buy/sell signal for ISHARES MSCI BELGIUM ETF (EWK) is buy as both the short term and long term trends are positive.