EWY Technical Analysis & ETF Price Forecast

Technical Sentiment

Overall Consensus

Sell

Buy

Technical Analysis Consensus

Sell

Buy

Moving Average Consensus

Sell

Buy

iShares MSCI South Korea ETF (EWY) Moving Averages Convergence Divergence (MACD) indicator is 8.44, suggesting EWY is Strong buy.

iShares MSCI South Korea ETF (EWY) 20-Day simple moving average is 151.68, while iShares MSCI South Korea ETF (EWY) share price is $173.47, making it Buy.

iShares MSCI South Korea ETF (EWY) 60-Day simple moving average is 138.32, while iShares MSCI South Korea ETF (EWY) share price is $173.47, making it Buy.

Technical Analysis for EWY

Technical Sentiment Analysis for iShares MSCI South Korea ETF (EWY). As of 2026-05-05, iShares MSCI South Korea ETF (EWY) is exhibiting a Strong buy technical sentiment. Our proprietary analysis, which aggregates 15 technical signals, shows that 10 indicators are flashing buy, while 5 are indicating sell.

Momentum Indicators: RSI, MACD & Overbought/Oversold Status. Currently, the Relative Strength Index (RSI) for EWY stands at 73.69, which suggests a Sell condition. Meanwhile, the MACD (12, 26) indicator is at 8.44, providing a Buy signal for short-term momentum. Other oscillators like the Stochastic Oscillator at 89.1 and the Commodity Channel Index (CCI) at 196.7 further confirm a 26.8 outlook for the ETF.

Support, Resistance & Moving Averages. From a structural perspective, EWY is trading above its 60-day moving average of $138.32 and above its 200-day long-term moving average of $104.22. Key price levels to watch include the immediate resistance at $173.23 and strong support at $146.01. A break above $173.23 could signal a bull continuation, while falling below $146.01 may test the next Fibonacci floor at $133.43.

iShares MSCI South Korea ETF (EWY) Support & Resistance Level

Name	S3	S2	S1	Pivot Points	R1	R2	R3
Classic	118.79	133.43	146.01	160.65	173.23	187.87	200.45
Fibonacci	133.43	143.82	150.25	160.65	171.04	177.47	187.87

iShares MSCI South Korea ETF (EWY) Technical Indicators

2026-05-05

Name	Value
Relative Strength Index (RSI)	73.69
Stochastic Oscillator	89.1
Stochastic RSI	89.5
Commodity Channel Index (CCI)	196.7
Awesome Oscillator	21.6
Momentum	26.8
MACD	8.44

iShares MSCI South Korea ETF (EWY) Relative Strength Index (RSI) is 73.69, creating a Sell signal.

iShares MSCI South Korea ETF (EWY) Stochastic Oscillator is 89.1, creating a Sell signal.

iShares MSCI South Korea ETF (EWY) Stochastic RSI is 89.5, creating a Sell signal.

iShares MSCI South Korea ETF (EWY) Commodity Channel Index (CCI) is 196.7, creating a Sell signal.

iShares MSCI South Korea ETF (EWY) Awesome Oscillator is 21.6, creating a Buy signal.

iShares MSCI South Korea ETF (EWY) Momentum is 26.8, creating a Buy signal.

iShares MSCI South Korea ETF (EWY) MACD is 8.44, creating a Buy signal.

iShares MSCI South Korea ETF (EWY) Moving Average

2026-05-05

Period	Simple	Signal
5-Day	162.78	Buy
10-Day	158.6	Buy
20-Day	151.68	Buy
60-Day	138.32	Buy
200-Day	104.22	Buy
250-Day	96.56	Buy

iShares MSCI South Korea ETF (EWY) 5-Day simple moving average is 162.78, while iShares MSCI South Korea ETF (EWY) share price is $173.47, making it Buy.

iShares MSCI South Korea ETF (EWY) 10-Day simple moving average is 158.6, while iShares MSCI South Korea ETF (EWY) share price is $173.47, making it Buy.

iShares MSCI South Korea ETF (EWY) 20-Day simple moving average is 151.68, while iShares MSCI South Korea ETF (EWY) share price is $173.47, making it Buy.

iShares MSCI South Korea ETF (EWY) 60-Day simple moving average is 138.32, while iShares MSCI South Korea ETF (EWY) share price is $173.47, making it Buy.

iShares MSCI South Korea ETF (EWY) 200-Day simple moving average is 104.22, while iShares MSCI South Korea ETF (EWY) share price is $173.47, making it Buy.

iShares MSCI South Korea ETF (EWY) 250-Day simple moving average is 96.56, while iShares MSCI South Korea ETF (EWY) share price is $173.47, making it Buy.