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ISHARES MSCI SPAIN ETF (EWP) Stock Technical Analysis

NYSEARCA:EWP - NYSE Arca - US4642867646 - ETF - Currency: USD

43.25  -0.72 (-1.64%)

After market: 43.25 0 (0%)

Technical Rating and Analysis

10

Taking everything into account, EWP scores 10 out of 10 in our technical rating. Both in the recent history as in the last year, EWP has proven to be a steady performer, scoring decent points in every aspect analyzed.

Both the short term and long term trends are positive. This is a very positive sign.
Looking at the yearly performance, EWP did better than 89% of all other stocks. On top of that, EWP also shows a nice and consistent pattern of rising prices.
EWP is currently trading near its 52 week high, which is a good sign. The S&P500 Index is trading in the upper part of its 52 week range, but not near new highs, so EWP is leading the market.
In the last month EWP has a been trading in a tight range between 41.85 and 44.07.
Weekly and Daily overview Charts
ISHARES MSCI SPAIN ETF / EWP Weekly stock chart
ISHARES MSCI SPAIN ETF / EWP Daily stock chart
Setup Rating and Analysis

3

Although EWP has an excellent technical rating, it does not present a decent entry opportunity at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.

Support and Resistance Analysis

30.92

44.42

When analyzing the support we can see 6 important areas.

  • A support zone ranging from 43.24 to 43.24. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Support @39.05 from a trend line in the weekly time frame.
  • Support @36.36 from a trend line in the daily time frame.
  • Support @34.21 from a horizontal line in the daily time frame.
  • Support @32.68 from a trend line in the weekly time frame.
  • Support @31.23 from a horizontal line in the weekly time frame.

When analyzing the resistance we notice one important area.

  • A resistance zone ranging from 43.32 to 43.98. 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 EWP is up.
ChartMill Short Term Trend IndicatorUPPOSITIVEThe short term trend for EWP is up.
ChartMill Relative Strength89.16POSITIVEEWP has a high relative strength, it outperformed 89.16% off all stocks on the market.
Simple Moving Average/SMA (20)UPMIXEDThe current price of EWP is below the rising SMA(20).
Simple Moving Average/SMA (50)UPPOSITIVEThe current price of EWP is above the rising SMA(50).
Simple Moving Average/SMA (200)UPPOSITIVEThe current price of EWP is above the rising SMA(200).
Relative Strength Index/RSI (14)56.8NEUTRALThe RSI value for EWP is a neutral value.
Moving Average Convergence Divergence/MACD (12, 26, 9)-0.13NEGATIVEThe MACD value suggests EWP has a negative trend.
Stochastics (14,3)64.98NEUTRALThe Stochastics value for EWP is a neutral value.
Average True Range in percent/ATR (20)1.2LOW VOLATILITYThe low ATR as a percentage value for EWP suggests low volalility.
Average Directional Index/ADX (14)28.24POSITIVEThe high ADX value value for EWP suggests a strong 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)
ISHARES MSCI SPAIN ETF / EWP Daily stock chart

ISHARES MSCI SPAIN ETF

NYSEARCA:EWP (6/13/2025, 8:04:00 PM)

After market: 43.25 0 (0%)

43.25

-0.72 (-1.64%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-1.64%
1 Week-0.89%
2 Weeks-0.09%
1 Month3.57%
3 Month14.36%
6 Month31.78%
12 Month38.22%
2 Year49.65%
3 Year85.46%
5 Year92.56%
10 Year28.91%
15 Year35.88%
Volatility
ATR(14)0.5
ATR(20)%1.2%
ATR Inc79.58%
Range Today0.49
ADR(20)0.36
ADR(20)%0.83%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS89.16
Mansfield1.79
10 Day High44.07
10 Day Low42.91
20 Day High44.07
20 Day Low41.85
52 Week High44.07
52 Week Low30.33
CS1 End43.24
CR1 Start43.32
Volume & EV
DER(3)-0.72%
DER(5)2.03%
Volume507.70K
Volume Incr-24.1%
Vol(5)391.70K
Vol(50)577.09K