EWD iShares MSCI Sweden ETF Forecast, Technical & Fundamental Analysis
The investment seeks to track the investment results of the MSCI Sweden 25/50 Index... Show more
EWD in downward trend: price may drop because broke its higher Bollinger Band on June 27, 2025
EWD broke above its upper Bollinger Band on June 27, 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 37 similar instances where the stock broke above the upper band. In of the 37 cases the stock fell afterwards. This puts the odds of success at .
Technical Analysis (Indicators)
Bearish Trend Analysis
The Stochastic Oscillator entered the overbought zone. Expect a price pull-back in the foreseeable future.
Following a 3-day decline, the stock is projected to fall further. Considering past instances where EWD 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 July 25, 2025. You may want to consider a long position or call options on EWD as a result. In of 93 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 EWD just turned positive on July 24, 2025. Looking at past instances where EWD's MACD turned positive, the stock continued to rise in of 45 cases over the following month. The odds of a continued upward trend are .
EWD moved above its 50-day moving average on July 21, 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 EWD advanced for three days, in of 317 cases, the price rose further within the following month. The odds of a continued upward trend are .
The Aroon Indicator entered an Uptrend today. In of 280 cases where EWD Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are .
Advertisement
General Information
Category Miscellaneous
EWD and ETFs
Correlation & Price change
A.I.dvisor indicates that over the last year, EWD has been closely correlated with EWG. These tickers have moved in lockstep 87% of the time. This A.I.-generated data suggests there is a high statistical probability that if EWD jumps, then EWG could also see price increases.