Price Prediction

EWY was last quoted at $139.55, down 5.51% over 24 hours, after trading between $147.87 and $130.72. Price is sitting just below the Bollinger lower band at $139.67 and near the pivot point at $139...

Market analysis includes conditional scenarios, not assured price outcomes or investment advice. Check the data, assumptions and dates cited.

What happened

EWY’s latest move was a decline to $139.55, a 5.51% drop over 24 hours, with an intraday range of $147.87 to $130.72. Based on the supplied data, the current price is below the 7-day SMA at $148.81, the 20-day SMA at $152.55, the 50-day SMA at $168.90, the 200-day SMA at $178.21, the 12-day EMA at $149.72, and the 26-day EMA at $156.04.

That placement matters because the current quote is also near the pivot point at $139.38 and just below the Bollinger lower band at $139.67. On the supplied figures, that makes the present area a support test rather than a recovery above the recent trading band.

What the indicators show

The momentum readings lean weak. RSI(14) is 34.92, which the supplied data describes as neutral, while MACD is -6.3202 with a MACD signal of -6.3202 and a histogram of 0.0000. Stochastic %K is 24.15 and Stochastic %D is 19.32, which keeps the short-term setup subdued rather than strong.

Volatility remains meaningful. The 14-day ATR is $6.93, so the supplied data suggests EWY can still move materially within a single session.

What the derivatives data shows

The Binance Futures figures point to reduced participation rather than expanding leverage. Open interest is 234,277.86 contracts, open interest value is $28,998,388, and open interest is down 2.43% over 24 hours. Funding is 0.0000%, which is neutral.

The account ratios are tilted long within the Binance cohorts shown in the data, but they do not stand alone as a directional forecast. Global accounts are 54.6% long versus 45.4% short, and top-trader accounts are 61.2% long versus 38.9% short, both observed at 2026-11-06 09:00:00 UTC. Taker flow is close to balanced, with a buy/sell ratio of 1.0524, based on buy volume of 30,119 and sell volume of 28,618.

Key levels from the supplied data

The nearest support levels are $130.89 and then $122.23. Immediate resistance is $148.04, followed by strong resistance at $156.53.

From the supplied structure, a recovery would first need to reclaim the pivot area near $139.38 to $139.67 and then move back above $148.04. If price loses $130.89, the next support level in the data is $122.23. Those are conditional scenarios based only on the levels provided, not predictions.

Conclusion

the reported data shows EWY trading under its short- and medium-term moving averages, with weak momentum indicators, neutral funding, and lower open interest. The current price is close to the pivot and the lower Bollinger band, so the near-term focus is whether that area holds or gives way.

No significant price predictions were provided in the source data, so the timing of any breakout or breakdown is unknown.