EWT Stock Tickeron detected bearish ETF Pattern: Three Falling Peaks EWT on February 27, 2025, netting in a 8.82% gain over 1 month

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EWT - iShares MSCI Taiwan ETF

Ticker: EWT

Company: iShares MSCI Taiwan ETF

Gain from shorting: +8.82%

Confirmed: 02/27/25

Succeeded: 04/02/25

Total length: 41 days

EWT sees its 50-day moving average cross bearishly below its 200-day moving average

The 50-day moving average for EWT moved below the 200-day moving average on February 28, 2025. This could be a long-term bearish signal for the stock as the stock shifts to an downward trend.

Technical Analysis (Indicators)

Bearish Trend Analysis

The Momentum Indicator moved below the 0 level on March 26, 2025. You may want to consider selling the stock, shorting the stock, or exploring put options on EWT as a result. In of 82 cases where the Momentum Indicator fell below 0, the stock fell further within the subsequent month. The odds of a continued downward trend are .

The Moving Average Convergence Divergence Histogram (MACD) for EWT turned negative on March 26, 2025. This could be a sign that the stock is set to turn lower in the coming weeks. Traders may want to sell the stock or buy put options. Tickeron's A.I.dvisor looked at 51 similar instances when the indicator turned negative. In of the 51 cases the stock turned lower in the days that followed. This puts the odds of success at .

EWT moved below its 50-day moving average on February 27, 2025 date and that indicates a change from an upward trend to a downward trend.

The 10-day moving average for EWT crossed bearishly below the 50-day moving average on March 04, 2025. This indicates that the trend has shifted lower and could be considered a sell signal. In of 18 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 EWT 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 EWT entered a downward trend on April 03, 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.

Bullish Trend Analysis

The RSI Indicator entered the oversold zone -- be on the watch for EWT's price rising or consolidating in the future. That's also the time to consider buying the stock or exploring call options.

The Stochastic Oscillator is in the oversold zone. Keep an eye out for a move up in the foreseeable future.

Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where EWT advanced for three days, in of 343 cases, the price rose further within the following month. The odds of a continued upward trend are .

EWT may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options.