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 sees MACD Histogram crosses below signal line
EWI saw its Moving Average Convergence Divergence Histogram (MACD) turn negative on March 02, 2026. This is a bearish signal that suggests the stock could decline going forward. Tickeron's A.I.dvisor looked at 46 instances where the indicator turned negative. In of the 46 cases the stock moved lower in the days that followed. This puts the odds of a downward move at .
Technical Analysis (Indicators)
Bearish Trend Analysis
The Momentum Indicator moved below the 0 level on March 03, 2026. You may want to consider selling the stock, shorting the stock, or exploring put options on EWI as a result. In of 72 cases where the Momentum Indicator fell below 0, the stock fell further within the subsequent month. The odds of a continued downward trend are .
EWI moved below its 50-day moving average on March 03, 2026 date and that indicates a change from an upward trend to a downward trend.
The 10-day moving average for EWI crossed bearishly below the 50-day moving average on March 09, 2026. This indicates that the trend has shifted lower and could be considered a sell signal. In of 16 past instances when the 10-day crossed below the 50-day, the stock continued to move higher over the following month. The odds of a continued downward trend are .
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 .
Bullish Trend Analysis
The Stochastic Oscillator demonstrated that the ticker has stayed in the oversold zone for 2 days, which means it's wise to expect a price bounce in the near future.
Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where EWI advanced for three days, in of 343 cases, the price rose further within the following month. The odds of a continued upward trend are .
EWI may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options.
The Aroon Indicator entered an Uptrend today. In of 361 cases where EWI Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are .
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