NYSEARCA:EWT - NYSE Arca - US46434G7723 - ETF - Currency: USD
Taking everything into account, EWT scores 1 out of 10 in our technical rating. EWT has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
Although the technical rating is bad, EWT does present a nice setup opportunity. Prices have been consolidating lately. There is a support zone below the current price at 50.80, a Stop Loss order could be placed below this zone.
42.88
2 important support areas can be observed.
We can see 3 important resistance areas.
51.23
+0.44 (+0.87%)