EWY Stock iShares MSCI South Korea ETF (EWY, $56.49) Stochastic Oscillator left the overbought zone on March 27, 2025

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EWY - iShares MSCI South Korea ETF

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Odds of DOWN Trend

Price: $56.49

Daily change: -$0.32 (-0.56%)

Daily volume: 2.4M

Net Assets: $3.1B

EWY in downward trend: price may drop because broke its higher Bollinger Band on March 17, 2025

EWY broke above its upper Bollinger Band on March 17, 2025. This could be a sign that the stock is set to drop as the stock moves back below the upper band and toward the middle band. You may want to consider selling the stock or exploring put options. The A.I.dvisor looked at 35 similar instances where the stock broke above the upper band. In of the 35 cases the stock fell afterwards. This puts the odds of success at .

Technical Analysis (Indicators)

Bearish Trend Analysis

The 10-day RSI Indicator for EWY moved out of overbought territory on February 21, 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 21 similar instances where the indicator moved out of overbought territory. In of the 21 cases, the stock moved lower in the following days. This puts the odds of a move lower at .

The Stochastic Oscillator may be shifting from an upward trend to a downward trend. In of 64 cases where EWY's Stochastic Oscillator exited the overbought zone, the price fell further within 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 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 .

Bullish Trend Analysis

The Momentum Indicator moved above the 0 level on March 14, 2025. You may want to consider a long position or call options on EWY as a result. In of 82 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are .

The Moving Average Convergence Divergence (MACD) for EWY just turned positive on March 17, 2025. Looking at past instances where EWY'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 .

EWY moved above its 50-day moving average on March 12, 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 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 .