#EWG German Market Index ready for a retracement?We seem to be reversing off the top of this multi-channel area at 31.25. In Addition, RSI has bearish divergence and we also recently had a demark13 countdown which could signal an exhaustion in trend. Watch for a reversal to take place off the current area. Perhaps a move back to the 50day moving a
Key stats
About ISHARES INC MSCI GERMANY ETF
Home page
Inception date
Mar 12, 1996
Structure
Open-Ended Fund
Replication method
Physical
Dividend treatment
Distributes
Distribution tax treatment
Qualified dividends
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Primary advisor
BlackRock Fund Advisors
Distributor
BlackRock Investments LLC
EWG aims to provide concentrated exposure to large- and mid-cap segments of the German equity market, meaning it covers the top 85% of the German companies by market cap. It primarily consists of stocks traded on the Frankfurt Stock Exchange. The fund uses a traditional, market-cap focused strategy for the selection and weighting of its securities. It tracks an index that omits small-cap companies which are a minor part of the overall market. Index constituents are reviewed quarterly.
Classification
What's in the fund
Exposure type
Finance
Technology Services
Producer Manufacturing
Stock breakdown by region
Top 10 holdings
EWG , LONG, if we take back the 50 sma while respecting S2 .Well the doom and gloom news came out today and net short levels went up 3% to 78% .
The news is that Germany is officially in a recession .
The news is bad , the consensus is that this has to go down .
So, time to long , the temptation is to get long right now but my rules don't allow it , fo
EWGIn 2022, Europe faced a number of challenges that had a significant impact on the region. High energy prices, inflation, and the war in Ukraine all contributed to a difficult economic and political climate. It was predicted that these dark days would continue for longer than expected, but there were
German 40 , Net short update per Daily Fx trader data German 40 shorts are getting more and more aggressive , this has been the theme all year long , they refuse to believe that this is a bull market and continuer to short more and more .
**The same is true for:
Dow jones at 64% net short ,
US 500 at 63% net short
France 40 at 84% net short
and F
Long EWGEuropean equities have been an out performers for 23 and I look for that trend to continue. This can be accomplished by a long position in EWG - iShares MSCI Germany ETF. At the moment the rally should be entering a good supply zone so I will look to add to longs on any pullback which should be sh
My 2023 posts will not be as detailed . Hey everyone , so those that looked at my previous ideas know that I was pretty good at posting profit targets and stops last year .
I think that was an important step for me to get a consistent process down , I am still following that exact same trade management and have no intentions of changing
See all ideas
Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.
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Frequently Asked Questions
An exchange-traded fund (ETF) is a collection of assets (stocks, bonds, commodities, etc.) that track an underlying index and can be bought on an exchange like individual stocks.
EWG trades at 812.300 MXN today, its price has risen 2.26% in the past 24 hours. Track more dynamics on EWG price chart.
EWG net asset value is 813.50 today — it's risen 5.93% over the past month. NAV represents the total value of the fund's assets less liabilities and serves as a gauge of the fund's performance.
EWG assets under management is 51.37 B MXN. AUM is an important metric as it reflects the fund's size and can serve as a gauge of how successful the fund is in attracting investors, which, in its turn, can influence decision-making.
EWG price has risen by 5.72% over the last month, and its yearly performance shows a 51.26% increase. See more dynamics on EWG price chart.
NAV returns, another gauge of an ETF dynamics, have risen by 5.93% over the last month, showed a 8.64% increase in three-month performance and has increased by 54.61% in a year.
NAV returns, another gauge of an ETF dynamics, have risen by 5.93% over the last month, showed a 8.64% increase in three-month performance and has increased by 54.61% in a year.
EWG fund flows account for 27.73 B MXN (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
Since ETFs work like an individual stock, they can be bought and sold on exchanges (e.g. NASDAQ, NYSE, EURONEXT). As it happens with stocks, you need to select a brokerage to access trading. Explore our list of available brokers to find the one to help execute your strategies. Don't forget to do your research before getting to trading. Explore ETFs metrics in our ETF screener to find a reliable opportunity.
EWG invests in stocks. See more details in our Analysis section.
EWG expense ratio is 0.50%. It's an important metric for helping traders understand the fund's operating costs relative to assets and how expensive it would be to hold the fund.
No, EWG isn't leveraged, meaning it doesn't use borrowings or financial derivatives to magnify the performance of the underlying assets or index it follows.
In some ways, ETFs are safe investments, but in a broader sense, they're not safer than any other asset, so it's crucial to analyze a fund before investing. But if your research gives a vague answer, you can always refer to technical analysis.
Today, EWG technical analysis shows the buy rating and its 1-week rating is buy. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1-month rating EWG shows the strong buy signal. See more of EWG technicals for a more comprehensive analysis.
Today, EWG technical analysis shows the buy rating and its 1-week rating is buy. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1-month rating EWG shows the strong buy signal. See more of EWG technicals for a more comprehensive analysis.
Yes, EWG pays dividends to its holders with the dividend yield of 1.82%.
EWG trades at a premium (0.06%).
Premium/discount to NAV expresses the difference between the ETF’s price and its NAV value. A positive percentage indicates a premium, meaning the ETF trades at a higher price than the calculated NAV. Conversely, a negative percentage indicates a discount, suggesting the ETF trades at a lower price than NAV.
Premium/discount to NAV expresses the difference between the ETF’s price and its NAV value. A positive percentage indicates a premium, meaning the ETF trades at a higher price than the calculated NAV. Conversely, a negative percentage indicates a discount, suggesting the ETF trades at a lower price than NAV.
EWG shares are issued by BlackRock, Inc.
EWG follows the MSCI Germany. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
The fund started trading on Mar 12, 1996.
The fund's management style is passive, meaning it's aiming to replicate the performance of the underlying index by holding assets in the same proportions as the index. The goal is to match the index's returns.