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EWM stock – iShares MSCI Malaysia ETF sideways range & retest history

NYSE

On the weekly chart, EWM has been moving sideways between $22.32 and $27.49 since 23 Jun 2024.

Since 2018, NasdaqScan has found 3 sideways ranges in EWM. Completed ranges lasted 973 days on average, from 672 to 1274 days. Of those 2, 2 broke downward. The current range is 23% wide from low to high. The latest retest signal NasdaqScan detected in EWM was in the week of 5 Dec 2021, below the earlier $25.07 – $29.64 range.

The pattern: price breaks out below a long sideways range, the pullback back into the range fails, and price comes back to retest the low. Traders also call this a spring. NasdaqScan flags the weekly candle that makes the retest.

Weekly chart: each candle is one week of trading, and every date on this page is the week it falls in.

Gold dashed bands mark earlier sideways ranges, from their first swing to where they broke. Pick a range in the table below to zoom the chart to it.

Sideways ranges

RangeStartedEndedHow it endedRetest signals (week of)
23 Jun 2024Open——
6 Sept 202010 Jul 2022 (672 days)Broke below the range at $21.145 Dec 2021 (Go ahead)
16 Dec 201812 Jun 2022 (1274 days)Broke below the range at $24.27—

Retest signals detected

  • Week of 5 Dec 2021: retest of the low after a breakout below a sideways range, 455 days after the range began (Go ahead)

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All NYSE stocks with retest patterns →

Past patterns don't predict future price moves. This page shows what an automated algorithm detected and is not financial advice. Read the disclaimer.

← All current retest signals