CNN: Recession in Italy fuels global slowdown fears
A recession in Italy and weak growth across Europe could force the European Central Bank to rule out interest rate hikes this year.
Italy slipped into recession in the fourth quarter of 2018, according to data published Thursday. The countries using the euro currency collectively generated annual growth of just 1.2% during the final three months of the year, down from 1.6% in the previous quarter. READ MORE...
EWI in upward trend: price may ascend as a result of having broken its lower Bollinger Band on June 17, 2025
EWI may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options. In of 43 cases where EWI's price broke its lower Bollinger Band, its price rose further in the following month. The odds of a continued upward trend are .
Technical Analysis (Indicators)
Bullish Trend Analysis
The Momentum Indicator moved above the 0 level on June 25, 2025. You may want to consider a long position or call options on EWI as a result. In of 73 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are .
The Moving Average Convergence Divergence (MACD) for EWI just turned positive on June 30, 2025. Looking at past instances where EWI's MACD turned positive, the stock continued to rise in of 46 cases over the following month. The odds of a continued upward trend are .
Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where EWI advanced for three days, in of 340 cases, the price rose further within the following month. The odds of a continued upward trend are .
The Aroon Indicator entered an Uptrend today. In of 323 cases where EWI Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are .
Bearish Trend Analysis
The RSI Indicator demonstrated that the stock has entered the overbought zone. This may point to a price pull-back soon.
The Stochastic Oscillator demonstrated that the ticker has stayed in the overbought zone for 8 days. The longer the ticker stays in the overbought zone, the sooner a price pull-back is expected.
Following a 3-day decline, the stock is projected to fall further. Considering past instances where EWI declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .
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