ISHARES MSCI FRANCE ETF (EWQ) Stock Technical Analysis
NYSEARCA:EWQ - NYSE Arca - US4642867075 - ETF - Currency: USD
Taking everything into account, EWQ scores 8 out of 10 in our technical rating. Although EWQ is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
Besides having an excellent technical rating, EWQ also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. A pullback is taking place, which may present a nice opportunity for an entry. There is a resistance zone just above the current price starting at 42.02. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 41.57, a Stop Loss order could be placed below this zone.
More info and screens
35.28
We found 6 important support areas.
- A support zone ranging from 41.37 to 41.57. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 40.07 to 40.47. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @39.07 from a horizontal line in the daily time frame.
- Support @37.93 from a trend line in the weekly time frame.
- Support @37.20 from a horizontal line in the weekly time frame.
- A support zone ranging from 35.64 to 35.81. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 42.02 to 42.59. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 |
|---|---|---|---|
| 42.60 | 41.36 | 1.24 (2.91%) | 25.00% |
| An entry @42.60. This is a Buy Stop order right above the resistance zone. | An exit @41.36. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 1.24 points, which is 2.91%. | For a 0.73% total portfolio risk, you can invest 25.00% of your capital in this trade. |
- 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.
NYSEARCA:EWQ (5/9/2025, 8:04:00 PM)
41.68
+0.36 (+0.87%)