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
Momentum Indicator for EWD turns positive, indicating new upward trend
EWD saw its Momentum Indicator move above the 0 level on June 26, 2025. This is an indication that the stock could be shifting in to a new upward move. Traders may want to consider buying the stock or buying call options. Tickeron's A.I.dvisor looked at 92 similar instances where the indicator turned positive. In of the 92 cases, the stock moved higher in the following days. The odds of a move higher are at .
Technical Analysis (Indicators)
Bullish Trend Analysis
The Moving Average Convergence Divergence (MACD) for EWD just turned positive on June 27, 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 .
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 .
Bearish Trend Analysis
The Stochastic Oscillator demonstrated that the ticker has stayed in the overbought zone for 5 days. The longer the ticker stays in the overbought zone, the sooner a price pull-back is expected.
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 .
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 Aroon Indicator for EWD entered a downward trend on June 26, 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.
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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.