EWY iShares MSCI South Korea ETF
iShares MSCI South Korea ETF (EWY) trend channel, buy level and 3-month target on Trade The Path. Sector: Financial Services. Listed on ARCA. Levels below are fitted to this ticker's own swing highs and lows (TheilβSen, log-price), then projected 3 months. If this ticker has no settled sample yet, treat the numbers as a geometric read, not a track record. Information only, not financial advice.
In the buy zone
Price is sitting on the lower trend line β the level that has repeatedly held.
Read from the last 18 months of history we hold: rising, drifting more than +100% a year. The target of US$185.13 is below the nearest ceiling (US$325.23), so it does not depend on a breakout. What would overturn this: a close below US$158.13 β the floor of the channel being read β after which the trend, not the entry, is what was wrong.
- 18 months read from
- US$158.13 β US$325.23 Rising channel, more than +100% a year
- Position in that channel
- 11% 0% at the floor, 100% at the ceiling
What broke this trend
- The fall
- -34% from US$219.1718 June 2026 β 29 July 2026
- Whose problem it was
- This company1 of 8 Asset Management - Global peers fell with it
- Does it resolve?
- Unsettled too close to a coin toss on the record to call
- Regained so far
- 43%of what it lost
- What the record says
- 50% of 8 comparable falls came back, typically in 109 days measured on its own peer group
The trend broke in June 2026: price fell 34% from 219.17 to 144.30 by July 2026, and has regained 43% of that fall since. Its peers did not fall with it, so this was about the company rather than its sector. The wire that week: βAsia Is Going All-In On AI Stocks β And Leveraged Demand Is Breaking Records: Here's What You Should Knowβ. What happens next is not settled: falls of about 34% here have come back to the old high 50% of the time (8 comparable falls), typically in 109 days, which is too close to a coin toss to price a recovery from.
Reported at the time: Asia Is Going All-In On AI Stocks β And Leveraged Demand Is Breaking Records: Here's What You Should Know β 22 June 2026
Price history, with the path projected 3 months forward
- Daily close
- Upper trend line (18 months)
- Lower trend line (18 months)
- Dashed after today: projected 3 months
- Our buy
- Our target
Suggested path
Buy at or below
US$168.30
level as at 22 Oct 2026
Our target
US$185.13
by 14 Nov 2026
Projected move
10.0%
gross, before costs
Price sits between our buy level and our target.
The lines are drawn where this stock has actually turned: 4 touches on the ceiling, 5 on the floor, each fitted to the slope that catches the most of them. Buying one average daily range below its 50-day mean, on heavier volume than usual and while it is still above its 200-day mean, has come up 791 times; measured against the 6% floor β the least a call has to be worth to be worth making, not what it aims at β 73% cleared it, typically in 34 days, with price going about 5% against the entry along the way (63% in the worst case we have on record). Trades that have not reached the target within 3 months are counted as misses, whatever they are worth at the time. The prices above are this stockβs own β its average, its volatility β but the setup is the same one we apply everywhere: derived on eight unrelated tickers, then confirmed on 87 others it was never fitted to. We deliberately do not tune it to each stock: doing so scores worse on history the tuning never saw β 58% against 71% β because it fits the past rather than the future. On this stock the setup has come up 6 times so far, reaching target 50% of the time β too few to mean much on its own. The sell price comes from where this stock is projected to be, not from a minimum worth taking: the fitted path reaches more than 30% above the entry within 90 days, and of the sizes that path supports, 10% is the one that has returned the most per day of money tied up here β measured over the 8 times this entry has come up on this chart, reached 38% of the time, typically in 23 days. Smaller sizes got there sooner but paid less for the weeks they used; larger ones need a break above the projected ceiling, which is not the base case. The date published is whichever is later: that typical time, or the day the projected path itself reaches the price. It is a prediction, so it can be revised: if the run tops out before it gets there, the target is cut to what is actually on the table and you are told the same day. An ordinary pullback is not treated as topping out β those go on to make a new high about 8 times in 10, so they are ridden through. What triggers the revision is price closing below its 50-day trend and staying there, after which the odds of recovery fall to roughly 3 in 10.
- Upper line touches
- 4
- Lower line touches
- 5
- Fit confidence
- 71%
- Fitted
- 16 Sept 2026
About iShares MSCI South Korea ETF
The iShares MSCI South Korea ETF seeks to track the investment results of an index composed of South Korean equities.
- Sector
- Financial Services
- Industry
- Asset Management - Global
- Country
- US
https://www.ishares.com/us/products/239681/ishares-msci-south-korea-capped-etf
Scorecard
Our own pillar scores, computed from the fundamentals below. They are not Morningstar ratings β that data is licensed and we do not redistribute it.
- Valuation
- β
- Profitability
- β
- Financial health
- β
- Cash generation
- β
Key statistics
- Market cap
- US$13.29B
- Enterprise value
- β
- Beta
- 2.40
- Avg volume
- 20.46M
- Revenue per share
- β
- Dividend yield
- β
- 52-week range
- 71.39-220.89
- Exchange
- AMEX
Key ratios
- P/E (TTM)
- β
- PEG
- β
- Price / sales
- β
- Price / book
- β
- EV / EBITDA
- β
- Gross margin
- β
- Operating margin
- β
- Net margin
- β
- Current ratio
- β
- Quick ratio
- β
- Debt / equity
- β
- Interest cover
- β
Income statement
Balance sheet
Cash flow
Trend lines are fitted statistically to past swing highs and lows and projected forward on the assumption the same rhythm continues. It often does not. This is information, not advice.