EWY Stock iShares MSCI South Korea ETF (EWY, $58.01) Moving Average Convergence Divergence (MACD) Histogram turned positive on November 21, 2024

GET DAILY SIGNALS

Get AI intraday signals

EWY - iShares MSCI South Korea ETF

MACD signal

View

Odds of UP Trend

Price: $58.01

Daily change: +$0.62 (+1.08%)

Daily volume: 2.3M

Net Assets: $4.1B

EWY's RSI Indicator recovers from oversold territory

The RSI Indicator for EWY moved out of oversold territory on November 18, 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 31 similar instances when the indicator left oversold territory. In of the 31 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 58 cases where EWY'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 Moving Average Convergence Divergence (MACD) for EWY just turned positive on November 21, 2024. Looking at past instances where EWY's MACD turned positive, the stock continued to rise in of 48 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 EWY advanced for three days, in of 304 cases, the price rose further within the following month. The odds of a continued upward trend are .

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

Bearish Trend Analysis

The Momentum Indicator moved below the 0 level on November 06, 2024. You may want to consider selling the stock, shorting the stock, or exploring put options on EWY as a result. In of 81 cases where the Momentum Indicator fell below 0, the stock fell further within the subsequent 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 EWY 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 EWY entered a downward trend on November 22, 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.