EWC Stock Summary and Trading Ideas (iShares MSCI Canada ETF | ARCA:EWC)

The iShares MSCI Canada ETF seeks to provide investment results that correspond generally to the price and yield performance before fees and expenses of publicly traded securities in the Canadian market as measured by the MSCI Canada Custom Capped Index.

iShares MSCI Canada ETF trades on the ARCA stock market under the symbol EWC.

As of April 18, 2024, EWC stock price climbed to $36.96 with 1,391,157 million shares trading.

EWC has a beta of 1.07, meaning it tends to be more sensitive to market movements. EWC has a correlation of 0.59 to the broad based SPY ETF.

EWC has a market cap of $2.75 billion. This is considered a Mid Cap stock.

In the last 3 years, EWC stock traded as high as $41.12 and as low as $29.55.

EWC has underperformed the market in the last year with a return of +6.4%, while the SPY ETF gained +22.9%. In the last 3 month period, EWC fell short of the market, returning +4.1%, while SPY returned +6.6%. However, in the most recent 2 weeks EWC has outperformed the stock market by returning -3.2%, while SPY returned -3.4%.

EWC support price is $36.42 and resistance is $37.12 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that EWC stock will trade within this expected range on the day.