EWA Stock iShares MSCI Australia ETF (EWA, $25.92) Moving Average Convergence Divergence (MACD) Histogram turned positive on November 18, 2024

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EWA - iShares MSCI Australia ETF

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Odds of UP Trend

Price: $25.92

Daily change: +$0.35 (+1.37%)

Daily volume: 1.8M

Net Assets: $1.4B

EWA's RSI Oscillator ascends from oversold territory

The RSI Oscillator for EWA moved out of oversold territory on November 01, 2024. This could be a sign that the stock is shifting from a downward trend to an upward trend. Traders may want to buy the stock or call options. The A.I.dvisor looked at 29 similar instances when the indicator left oversold territory. In of the 29 cases the stock moved higher. This puts the odds of a move higher at .

Technical Analysis (Indicators)

Bullish Trend Analysis

The Stochastic Oscillator suggests the stock price trend may be in a reversal from a downward trend to an upward trend. of 48 cases where EWA's Stochastic Oscillator exited the oversold zone resulted in an increase in price. Tickeron's analysis proposes that the odds of a continued upward trend are .

The Momentum Indicator moved above the 0 level on November 14, 2024. You may want to consider a long position or call options on EWA as a result. In of 91 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 EWA just turned positive on November 18, 2024. Looking at past instances where EWA's MACD turned positive, the stock continued to rise in of 43 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 EWA advanced for three days, in of 300 cases, the price rose further within the following month. The odds of a continued upward trend are .

Bearish Trend Analysis

EWA moved below its 50-day moving average on November 08, 2024 date and that indicates a change from an upward trend to a downward trend.

The 10-day moving average for EWA crossed bearishly below the 50-day moving average on October 29, 2024. This indicates that the trend has shifted lower and could be considered a sell signal. In of 19 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 EWA declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .

EWA broke above its upper Bollinger Band on November 07, 2024. This could be a sign that the stock is set to drop as the stock moves back below the upper band and toward the middle band. You may want to consider selling the stock or exploring put options.

The Aroon Indicator for EWA entered a downward trend on November 07, 2024. This could indicate a strong downward move is ahead for the stock. Traders may want to consider selling the stock or buying put options.