EWG Price Prediction, iShares MSCI Germany ETF AI Recommendations
ETF market charts, price targets, analyst ratings and a financial calendar
EWG in -2.10% downward trend, sliding for three consecutive days on May 31, 2023
Moving lower for three straight days is viewed as a bearish sign. Keep an eye on this stock for future declines. Considering data from situations where EWG declined for three days, in of 248 cases, the price declined further within the following month. The odds of a continued downward trend are .
Technical Analysis (Indicators)
Bearish Trend Analysis
The Stochastic Oscillator has been in the overbought zone for 1 day. Expect a price pull-back in the near future.
EWG moved below its 50-day moving average on May 24, 2023 date and that indicates a change from an upward trend to a downward trend.
The 10-day moving average for EWG crossed bearishly below the 50-day moving average on May 31, 2023. 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 .
The Aroon Indicator for EWG entered a downward trend on June 09, 2023. This could indicate a strong downward move is ahead for the stock. Traders may want to consider selling the stock or buying put options.
Bullish Trend Analysis
The Momentum Indicator moved above the 0 level on June 08, 2023. You may want to consider a long position or call options on EWG as a result. In of 81 past instances where the momentum indicator moved above 0, the stock continued to climb. 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 338 cases, the price rose further within the following month. The odds of a continued upward trend are .
EWG may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options.
Fundamental Analysis (Ratings)
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Fundamental Analysis Ratings
The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows
General Information
Category Miscellaneous
EWG and
Correlation & Price change
A.I.dvisor indicates that over the last year, EWG has been closely correlated with EWU. These tickers have moved in lockstep 87% of the time. This A.I.-generated data suggests there is a high statistical probability that if EWG jumps, then EWU could also see price increases.