EWG Stock Summary and Trading Ideas (iShares MSCI Germany ETF | ARCA:EWG)

The iShares MSCI Germany 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 German market as measured by the MSCI Germany Index.

iShares MSCI Germany ETF trades on the ARCA stock market under the symbol EWG.

As of April 24, 2024, EWG stock price declined to $30.80 with 852,967 million shares trading.

EWG has a beta of 1.00, meaning it tends to be less sensitive to market movements. EWG has a correlation of 0.59 to the broad based SPY ETF.

EWG has a market cap of $979.44 million. This is considered a Small Cap stock.

In the last 3 years, EWG stock traded as high as $36.49 and as low as $19.35.

EWG stock has underperformed the market in the last year with a return of +7.9%, while SPY returned +24.3%. This shows that you would have done better investing in the overall market (through SPY) over the last year than in EWG shares. However, EWG has outperformed the market in the last 3 month and 2 week periods, returning +6.8% and -1.8%, while SPY returned +4.6% and -2.6%, respectively. This indicates EWG has been having a stronger performance recently.

EWG support price is $30.62 and resistance is $31.24 (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 EWG stock will trade within this expected range on the day.