
Technical analysis of iShares MSCI Germany ETF (stock) with the Montbon Method — Elliott Waves, moving averages and a 0–100 score.
The iShares MSCI Germany ETF (EWG) is an exchange-traded fund that invests at least 80% of its assets in securities that comprise its underlying index. The index is designed to measure the performance of the large- and mid-capitalization segments of the German equity market.
Description generated automatically from public sources; it may be inaccurate or out of date.
Closing values for October 19, 2026, computed on the last 12 months of prices.
21 sessions
41.49 $
−1.08%
50 sessions
42.73 $
−3.96%
200 sessions
41.85 $
−1.94%
s2
41.09
Support
s1
41.33
Support
pivot
41.66
Pivot
r1
41.90
Resistance
r2
42.22
Resistance
In the October 19, 2026 session iShares MSCI Germany ETF closed lower at 41.04 $, −1.27% versus the previous session.
The price sits below every moving average observed: −1.08% against the 21-session average, −3.96% against the 50 and −1.94% against the 200.
The 14-period RSI reads 41.5, in neutral territory.
MACD stands at -0.405 against a signal line at -0.476: the histogram is positive (+0.071).
ADX reads 29.1, indicating a marked directionality.
Levels computed on the latest session place supports at 41.33 and 41.09 $ and resistances at 41.90 and 42.22 $, around a pivot of 41.66.
The average daily range (ATR) is 0.498 $, or 1.21% of price.
Turnover was 791.2K shares, 76% of the 20-session average.
Over the last twelve months the price ranged between 40.31 and 44.85 $, and today stands −8.49% from the period high.
Measures computed on closing prices. They describe the past; they are not forecasts.
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Montbon analyses markets with Elliott Waves, multi-timeframe moving averages and a 0–100 score summarising the technical setup. It is an informational screening tool.
Elliott Waves
Wave counting to frame the price structure.
MTF moving averages
Moving averages across timeframes to read the trend.
0–100 score
A technical summary of the setup, updated daily.
How is iShares MSCI Germany ETF analysed technically?
Technical analysis of iShares MSCI Germany ETF is based on price charts and indicators such as moving averages, RSI and MACD, to observe trend, momentum and volatility across different time horizons.
Which timeframes are used for iShares MSCI Germany ETF?
The daily and weekly charts are typically used for medium-to-long-term trends, while intraday charts (for example 1-hour or 15-minute) are used for short-term movements.
What are Elliott Waves applied to iShares MSCI Germany ETF?
Elliott Wave theory describes price moves as sequences of impulsive and corrective waves; applied to iShares MSCI Germany ETF it helps frame the technical structure of the historical chart and is not a forecast.
Disclaimer. For informational purposes only; not financial advice or a recommendation. Montbon Analytics is not an authorised financial intermediary.
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