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 April 25, 2024, EWL stock price declined to $45.67 with 381,824 million shares trading.

EWL has a beta of 0.71, meaning it tends to be less sensitive to market movements. EWL has a correlation of 0.39 to the broad based SPY ETF.

EWL has a market cap of $1.08 billion. This is considered a Small Cap stock.

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

EWL has underperformed the market in the last year with a return of -3.7%, while the SPY ETF gained +23.1%. In the last 3 month period, EWL fell short of the market, returning -2.5%, while SPY returned +3.6%. However, in the most recent 2 weeks EWL has outperformed the stock market by returning -0.8%, while SPY returned -2.5%.

EWL support price is $45.68 and resistance is $46.46 (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 stock will trade within this expected range on the day.