Logo image of EWZ

ISHARES MSCI BRAZIL ETF (EWZ) Stock Technical Analysis

NYSEARCA:EWZ - NYSE Arca - US4642864007 - ETF - Currency: USD

27.35  +0.14 (+0.51%)

Technical Rating and Analysis

7

We assign a technical rating of 7 out of 10 to EWZ. EWZ has been a medium performer in the overall market. Some doubts are observed in the medium time frame, but recent action was very positive.

The short term trend is positive, while the long term trend is neutral. So this is evolving in the right direction.
In the last month EWZ has a been trading in the 23.05 - 27.27 range, which is quite wide. It is currently trading near the high of this range.
EWZ has an average volume of 25385100 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
When comparing the performance of all stocks over the past year, EWZ turns out to be only a medium performer in the overall market: it outperformed 44% of all stocks.
EWZ is currently trading in the middle of its 52 week range. This is in line with the S&P500 Index, which is also trading in the middle of its range.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
Weekly and Daily overview Charts
ISHARES MSCI BRAZIL ETF / EWZ Weekly stock chart
ISHARES MSCI BRAZIL ETF / EWZ Daily stock chart
Setup Rating and Analysis

3

Although EWZ has an excellent technical rating, it does not offer a high 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.

Support and Resistance Analysis

23.21

27.79

3 important support areas can be observed.

  • A support zone ranging from 27.22 to 27.22. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • A support zone ranging from 25.40 to 25.81. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • A support zone ranging from 23.44 to 24.11. This zone is formed by a combination of multiple trend lines in multiple time frames.

When analyzing the resistance we notice one important area.

  • Resistance @27.51 from a horizontal line in the daily time frame.
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
CRS44.98
Mansfield0.28
10 Day High27.27
10 Day Low24.68
20 Day High27.27
20 Day Low23.05
52 Week High32.75
52 Week Low22.26
Performance
1 Week7.98%
2 Weeks10.21%
1 Month4.82%
3 Month7.42%
6 Month0.74%
12 Month-15.78%
2 Year-3.75%
3 Year-16.97%
5 Year10.3%
10 Year-24.85%
15 Year-62.34%
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)0.27
RSI(14)65.94
LBB23.26
UBB27.48
ISHARES MSCI BRAZIL ETF / EWZ Daily stock chart

ISHARES MSCI BRAZIL ETF

NYSEARCA:EWZ (4/29/2025, 3:12:06 PM)

27.35

+0.14 (+0.51%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg0.51%
1 Week7.98%
2 Weeks10.21%
1 Month4.82%
3 Month7.42%
6 Month0.74%
12 Month-15.78%
2 Year-3.75%
3 Year-16.97%
5 Year10.3%
10 Year-24.85%
15 Year-62.34%
Volatility
ATR(14)0.72
ATR(20)%2.79%
ATR Inc-66.38%
Range Today0.4
ADR(20)0.66
ADR(20)%2.42%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS44.98
Mansfield0.28
10 Day High27.27
10 Day Low24.68
20 Day High27.27
20 Day Low23.05
52 Week High32.75
52 Week Low22.26
CS1 End25.81
CR1 Start27.22
Volume & EV
DER(3)-0.47%
DER(5)1.68%
Volume14.84M
Volume Incr-10.52%
Vol(5)23.56M
Vol(50)25.39M