EWO iShares MSCI Austria ETF Forecast, Technical & Fundamental Analysis
The investment seeks to track the investment results of the MSCI Austria IMI 25/50 Index... Show more
EWO's MACD Histogram crosses above signal line
The Moving Average Convergence Divergence (MACD) for EWO turned positive on April 16, 2025. Looking at past instances where EWO's MACD turned positive, the stock continued to rise in of 53 cases over 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 April 15, 2025. You may want to consider a long position or call options on EWO as a result. In of 80 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are .
EWO moved above its 50-day moving average on April 11, 2025 date and that indicates a change from a downward trend to an upward trend.
The 10-day moving average for EWO crossed bullishly above the 50-day moving average on April 23, 2025. This indicates that the trend has shifted higher and could be considered a buy signal. In of 19 past instances when the 10-day crossed above the 50-day, the stock continued to move higher 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 EWO advanced for three days, in of 369 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 337 cases where EWO 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 demonstrates that the ticker has stayed in the overbought zone for 6 days. The longer the ticker stays in the overbought zone, the sooner a price pull-back is expected.
The Stochastic Oscillator demonstrated that the ticker has stayed in the overbought zone for 19 days. The longer the ticker stays in the overbought zone, the sooner a price pull-back is expected.
General Information
Category Miscellaneous
EWO and ETFs
Correlation & Price change
A.I.dvisor indicates that over the last year, EWO has been closely correlated with EWG. These tickers have moved in lockstep 86% of the time. This A.I.-generated data suggests there is a high statistical probability that if EWO jumps, then EWG could also see price increases.