EWP iShares MSCI Spain ETF Forecast, Technical & Fundamental Analysis
The investment seeks to track the investment results of the MSCI Spain 25/50 Index... Show more
EWP's MACD Histogram crosses above signal line
The Moving Average Convergence Divergence (MACD) for EWP turned positive on April 16, 2025. Looking at past instances where EWP's MACD turned positive, the stock continued to rise in of 42 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 EWP as a result. In of 84 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are .
EWP moved above its 50-day moving average on April 09, 2025 date and that indicates a change from a downward trend to an upward trend.
Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where EWP advanced for three days, in of 334 cases, the price rose further within the following month. The odds of a continued upward trend are .
EWP 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 300 cases where EWP 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 10-day RSI Indicator for EWP moved out of overbought territory on April 30, 2025. This could be a bearish sign for the stock. Traders may want to consider selling the stock or buying put options. Tickeron's A.I.dvisor looked at 42 similar instances where the indicator moved out of overbought territory. In of the 42 cases, the stock moved lower in the following days. This puts the odds of a move lower at .
The Stochastic Oscillator demonstrated that the ticker has stayed in the overbought zone for 15 days. The longer the ticker stays in the overbought zone, the sooner a price pull-back is expected.
Following a 3-day decline, the stock is projected to fall further. Considering past instances where EWP declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .
General Information
Category Miscellaneous
EWP and ETFs
Correlation & Price change
A.I.dvisor indicates that over the last year, EWP has been closely correlated with EWG. These tickers have moved in lockstep 85% of the time. This A.I.-generated data suggests there is a high statistical probability that if EWP jumps, then EWG could also see price increases.