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ISHARES BIC 50 (BRIC.AS) Stock Technical Analysis

AMS:BRIC - Euronext Amsterdam - IE00B1W57M07 - ETF - Currency: EUR

22.985  -0.12 (-0.5%)

Technical Rating and Analysis

10

Overall BRIC gets a technical rating of 10 out of 10. Both in the recent history as in the last year, BRIC has proven to be a steady performer, scoring decent points in every aspect analyzed.

Warning: BRIC has an average volume of 2697 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
The long and short term trends are both positive. This is looking good!
When comparing the yearly performance of all stocks, we notice that BRIC is one of the better performing stocks in the market, outperforming 94% of all stocks. We also observe that the gains produced by BRIC over the past year are nicely spread over this period.
BRIC is currently trading near its 52 week high. This is a good sign, certainly because the S&P500 Index is not trading near new highs.
In the last month BRIC has a been trading in the 21.35 - 23.79 range, which is quite wide. It is currently trading near the high of this range.
Prices have been consolidating recently, this may present a good entry opportunity.
Weekly and Daily overview Charts
ISHARES BIC 50 / BRIC Weekly stock chart
ISHARES BIC 50 / BRIC Daily stock chart
Setup Rating and Analysis

7

BRIC has an excellent technical rating and also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 22.89, a Stop Loss order could be placed below this zone.

Support and Resistance Analysis

17.23

23.95

4 important support areas can be observed.

  • A support zone ranging from 22.27 to 22.89. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • A support zone ranging from 19.69 to 19.73. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Support @19.11 from a horizontal line in the daily time frame.
  • Support @17.40 from a trend line in the weekly time frame.

When analyzing the resistance we notice one important area.

  • A resistance zone ranging from 23.71 to 23.71. This zone is formed by a combination of multiple trend lines in multiple time frames.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS94.9
Mansfield2
10 Day High23.65
10 Day Low22.22
20 Day High23.79
20 Day Low21.35
52 Week High23.79
52 Week Low15.82
Performance
1 Week1.52%
2 Weeks-3.08%
1 Month9.27%
3 Month19.09%
6 Month40.29%
12 Month47.34%
2 Year18.72%
3 Year9.27%
5 Year-8.41%
10 YearN/A
15 YearN/A
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Technical Indicators
MACD(12,26,9)-0.11
RSI(14)59.75
LBB22.16
UBB23.76
Example Setup

Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.

ENTRYEXITDISTANCECAPITAL
23.7222.261.46 (6.16%)16.25%
An entry @23.72. This is a Buy Stop order right above the resistance zone.An exit @22.26. This is a Stop Loss order right below the support zone.The trade has a worst case loss of 1.46 points, which is 6.16%.When investing 16.25% of your capital in this trade, your total portfolio risk will be 1.00%.

  • The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
  • This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
ISHARES BIC 50 / BRIC Daily stock chart

ISHARES BIC 50

AMS:BRIC (3/7/2025, 7:00:00 PM)

22.985

-0.12 (-0.5%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-0.5%
1 Week1.52%
2 Weeks-3.08%
1 Month9.27%
3 Month19.09%
6 Month40.29%
12 Month47.34%
2 Year18.72%
3 Year9.27%
5 Year-8.41%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.54
ATR(20)%2.29%
ATR Inc-12.72%
Range Today0.21
ADR(20)0.32
ADR(20)%1.41%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS94.9
Mansfield2
10 Day High23.65
10 Day Low22.22
20 Day High23.79
20 Day Low21.35
52 Week High23.79
52 Week Low15.82
CS1 End22.89
CR1 Start23.71
Volume & EV
DER(3)-0.05%
DER(5)-0.05%
Volume2.89K
Volume Incr-33.09%
Vol(5)2.27K
Vol(50)2.70K