The iShares MSCI Germany ETF (NYSE: EWG) gapped lower on May 23 and then gapped higher on May 24. The interesting thing is that the gap lower caused the ETF to move outside of a trend channel that has defined the various cycles over the last few months and the gap higher moved it back into the channel.
The oscillators aren’t in oversold territory, but the stochastic readings did come close and have now made a bullish crossover.
One potential concern is the fact that the 10-day moving average just crossed bearishly below the 50-day. The moving averages hadn’t made a bearish cross like that since last August. At the time of the last bearish crossover, the EWG was in a similar pattern with a tight trend channel, but that channel was downwardly sloped.
I am more bullish than bearish on EWG and part of the reason is due to a bullish signal from the Tickeron AI Trend Prediction Engine. The engine produced a bullish signal for the EWG on May 23. The confidence level for the signal was 89% and 85% of past signals on the fund have been successful. The signal calls for a gain of at least 4% over the next month.
EWG 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 45 cases where EWG's price broke its lower Bollinger Band, its price rose further in the following month. The odds of a continued upward trend are .
The RSI Oscillator points to a transition from a downward trend to an upward trend -- in cases where EWG's RSI Oscillator exited the oversold zone, of 29 resulted in an increase in price. Tickeron's analysis proposes that the odds of a continued upward trend are .
The Moving Average Convergence Divergence (MACD) for EWG just turned positive on November 28, 2025. Looking at past instances where EWG's MACD turned positive, the stock continued to rise in of 48 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 EWG advanced for three days, in of 330 cases, the price rose further within the following month. The odds of a continued upward trend are .
The Stochastic Oscillator entered the overbought zone. Expect a price pull-back in the foreseeable future.
The Momentum Indicator moved below the 0 level on November 17, 2025. You may want to consider selling the stock, shorting the stock, or exploring put options on EWG as a result. In of 83 cases where the Momentum Indicator fell below 0, the stock fell further within the subsequent month. The odds of a continued downward trend are .
EWG moved below its 50-day moving average on November 13, 2025 date and that indicates a change from an upward trend to a downward trend.
Following a 3-day decline, the stock is projected to fall further. Considering past instances where EWG declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .
The Aroon Indicator for EWG entered a downward trend on November 28, 2025. This could indicate a strong downward move is ahead for the stock. Traders may want to consider selling the stock or buying put options.
The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows
Category Miscellaneous