EWM — iShares MSCI Malaysia Index Fund

The iShares MSCI Malaysia Index Fund (EWM) flipped to a new DOWN trend on May 27, even as the ETF edged up $0.07 to close at $29.07, a +0.24% gain from the prior session's $29.00. The long-term backdrop remains BULL, but the short-term signal turned negative after a tight, range-bound stretch that began in mid-April. FUM Score sits at 37.50, indicating weak technical strength and limited upside momentum. Trading volume of 141,530 shares ran well below the 221,667 daily average, signaling thin participation following the prior session's heavy 807,779-share washout. Broader Southeast Asian flows and emerging-market positioning continue to weigh on Malaysia exposure.