DIREXION DAILY MSCI BRAZIL B (BRZU) Stock Technical Analysis
NYSEARCA:BRZU - NYSE Arca - US25460G7088 - ETF - Currency: USD
Taking everything into account, BRZU scores 1 out of 10 in our technical rating. BRZU's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
When comparing the yearly performance of all stocks, BRZU is a bad performer in the overall market: 83% of all stocks are doing better.
BRZU is currently trading in the lower part of its 52 week range, which is not a good signal. Agreed, the S&P500 Index is also not doing fantastic, but it still sitting in the middle of its 52 week range.
In the last month BRZU has a been trading in the 44.55 - 56.92 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
The technical rating of BRZU is bad and it also does not present a quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
45.60
56.83
When analyzing the support we notice one important area.
- A support zone ranging from 46.06 to 46.78. This zone is formed by a combination of multiple trend lines in multiple time frames.
4 important resistance areas can be observed.
- Resistance @53.12 from a trend line in the weekly time frame.
- Resistance @53.98 from a trend line in the daily time frame.
- Resistance @55.06 from a horizontal line in the daily time frame.
- A resistance zone ranging from 56.03 to 56.27. This zone is formed by a combination of multiple trend lines in multiple time frames.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS17.11
Mansfield-2.61
10 Day High52.98
10 Day Low44.55
20 Day High56.92
20 Day Low44.55
52 Week High88.91
52 Week Low40.61
Performance
1 Week5.51%
2 Weeks-5.55%
1 Month-7.98%
3 Month-1.77%
6 Month-29.32%
12 Month-42.79%
2 Year-21.88%
3 Year-58.19%
5 Year-7.2%
10 Year-97.21%
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)-0.56
RSI(14)48.14
LBB44.13
UBB56.66
49.37
+1 (+2.07%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg2.07%
1 Week5.51%
2 Weeks-5.55%
1 Month-7.98%
3 Month-1.77%
6 Month-29.32%
12 Month-42.79%
2 Year-21.88%
3 Year-58.19%
5 Year-7.2%
10 Year-97.21%
15 YearN/A
Volatility
ATR(14)1.94
ATR(20)%4.03%
ATR Inc-31.62%
Range Today1.31
ADR(20)1.57
ADR(20)%3.18%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS17.11
Mansfield-2.61
10 Day High52.98
10 Day Low44.55
20 Day High56.92
20 Day Low44.55
52 Week High88.91
52 Week Low40.61
CS1 End46.78
CR1 Start53.12
Volume & EV
DER(3)1.15%
DER(5)-0.26%
Volume69.20K
Volume Incr-12.84%
Vol(5)90.12K
Vol(50)97.76K