ISHARES MSCI SOUTH KOREA ETF (EWY) Stock Technical Analysis
NYSEARCA:EWY - NYSE Arca - US4642867729 - ETF - Currency: USD
Overall EWY gets a technical rating of 9 out of 10. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, EWY is showing a nice and steady performance.
The long and short term trends are both positive. This is looking good!
EWY 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 EWY has a been trading in the 60.27 - 72.68 range, which is quite wide. It is currently trading near the high of this range.
EWY has an average volume of 4064510 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Looking at the yearly performance, EWY did better than 80% of all other stocks. However, this overall good ranking is mostly due to the recent strong move.
Volume is considerably higher in the last couple of days.
Although EWY 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.
More info and screens
50.95
72.32
6 important support areas can be observed.
- A support zone ranging from 70.73 to 70.75. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @65.54 from a trend line in the daily time frame.
- A support zone ranging from 61.31 to 62.59. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @58.74 from a horizontal line in the daily time frame.
- Support @55.72 from a horizontal line in the daily time frame.
- Support @51.46 from a horizontal line in the weekly time frame.
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 EWY is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for EWY is up. |
| ChartMill Relative Strength | 80.92 | POSITIVE | EWY has a high relative strength, it outperformed 80.92% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of EWY is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of EWY is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of EWY is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 68.4 | NEUTRAL | The RSI value for EWY is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.24 | POSITIVE | The MACD value suggests EWY has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 85.88 | OVERBOUGHT | The high Stochastics value suggests EWY may be overbought. |
| Average True Range in percent/ATR (20) | 1.96 | LOW VOLATILITY | The low ATR as a percentage value for EWY suggests low volalility. |
| Average Directional Index/ADX (14) | 41.27 | POSITIVE | The high ADX value value for EWY 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:EWY (6/30/2025, 10:46:05 AM)
71.605
+0.87 (+1.22%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg1.22%
1 Week3.22%
2 Weeks4.51%
1 Month14.47%
3 Month29.11%
6 Month37.47%
12 Month7.04%
2 Year11.61%
3 Year21.57%
5 Year23.82%
10 Year28.36%
15 Year58.22%
Volatility
ATR(14)1.46
ATR(20)%1.96%
ATR Inc-21.17%
Range Today0.22
ADR(20)0.69
ADR(20)%0.97%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS80.92
Mansfield1.08
10 Day High72.68
10 Day Low66.11
20 Day High72.68
20 Day Low60.27
52 Week High72.68
52 Week Low48.49
CS1 End65.54
CR1 StartN/A
Volume & EV
DER(3)1.96%
DER(5)3%
Volume1.19M
Volume Incr10.42%
Vol(5)5.73M
Vol(50)4.06M