ISHARES MSCI TAIWAN ETF (EWT) Stock Technical Analysis
NYSEARCA:EWT - NYSE Arca - US46434G7723 - ETF - Currency: USD
We assign a technical rating of 8 out of 10 to EWT. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, EWT is only an average performer.
The long and short term trends are both positive. This is looking good!
EWT is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so EWT is performing more or less in line with the market.
EWT is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.
EWT has an average volume of 3964430 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
When comparing the performance of all stocks over the past year, EWT turns out to be only a medium performer in the overall market: it outperformed 67% of all stocks.
EWT has an excellent technical rating, but the quality of the setup is only medium 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.
More info and screens
43.03
57.46
3 important support areas can be observed.
- Support @53.51 from a horizontal line in the daily time frame.
- A support zone ranging from 52.37 to 52.46. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @43.46 from a horizontal line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 56.38 to 56.89. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 EWT is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for EWT is up. |
| ChartMill Relative Strength | 67.3 | NEUTRAL | EWT is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of EWT is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of EWT is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of EWT is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 64.63 | NEUTRAL | The RSI value for EWT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.02 | POSITIVE | The MACD value suggests EWT has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 82.38 | OVERBOUGHT | The high Stochastics value suggests EWT may be overbought. |
| Average True Range in percent/ATR (20) | 1.33 | LOW VOLATILITY | The low ATR as a percentage value for EWT suggests low volalility. |
| Average Directional Index/ADX (14) | 27.51 | POSITIVE | The high ADX value value for EWT suggests a strong trend. |
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)
NYSEARCA:EWT (6/20/2025, 4:10:02 PM)
54.84
-1.19 (-2.12%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-2.12%
1 Week0.36%
2 Weeks3.84%
1 Month4.77%
3 Month11.57%
6 Month7.3%
12 Month2.56%
2 Year19.16%
3 Year11.13%
5 Year39.31%
10 Year77.53%
15 Year150.13%
Volatility
ATR(14)0.8
ATR(20)%1.33%
ATR Inc6.03%
Range Today0.97
ADR(20)0.54
ADR(20)%0.99%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS67.3
Mansfield0.24
10 Day High56.94
10 Day Low53.57
20 Day High56.94
20 Day Low51.87
52 Week High57.69
52 Week Low39.44
CS1 End53.51
CR1 Start56.38
Volume & EV
DER(3)0.04%
DER(5)-0.51%
Volume4.28M
Volume Incr-6.04%
Vol(5)3.81M
Vol(50)3.96M