EWL Stock Summary and Trading Ideas (iShares MSCI Switzerland ETF | ARCA:EWL)

The iShares MSCI Switzerland 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 Swiss market as measured by the MSCI Switzerland 25/50 Index.

iShares MSCI Switzerland ETF trades on the ARCA stock market under the symbol EWL.

As of December 12, 2024, EWL stock price declined to $47.21 with 247,302 million shares trading.

EWL has a beta of 0.38, meaning it tends to be less sensitive to market movements. EWL has a correlation of 0.13 to the broad based SPY ETF.

EWL has a market cap of $1.12 billion. This is considered a Small Cap stock.

In the last 3 years, EWL traded as high as $53.06 and as low as $36.02.

EWL has underperformed the market in the last year with a price return of +4.6% while the SPY ETF gained +32.3%. EWL has also underperformed the stock market ETF in the last 3 month and 2 week periods returning -6.9% and -0.8%, respectively, while the SPY returned +9.3% and +0.9%, respectively.

EWL support price is $47.36 and resistance is $47.98 (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 EWL shares will trade within this expected range on the day.