ISHARES MSCI BRAZIL (IBZL.MI) Stock Technical Analysis
BIT:IBZL - Euronext Milan - IE00B0M63516 - ETF - Currency: EUR
We assign a technical rating of 0 out of 10 to IBZL. IBZL scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
When comparing the yearly performance of all stocks, IBZL is a bad performer in the overall market: 86% of all stocks are doing better.
IBZL 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 IBZL has a been trading in the 18.45 - 20.91 range, which is quite wide. It is currently trading near the lows of this range.
Warning: IBZL has an average volume of 13188 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
The short term trend is negative, the long term trend is neutral. Not much exciting going on here.
Considerably lower volume is observed in the last couple of days.
The technical rating of IBZL 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
17.74
25.48
When analyzing the support we notice one important area.
- Support @17.92 from a horizontal line in the daily time frame.
When analyzing the resistance we notice 5 important areas.
- A resistance zone ranging from 19.34 to 19.54. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 20.50 to 20.92. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @21.39 from a horizontal line in the daily time frame.
- Resistance @23.53 from a trend line in the weekly time frame.
- Resistance @25.23 from a horizontal line in the weekly time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS14.43
Mansfield-1.8
10 Day High20.92
10 Day Low18.45
20 Day High20.92
20 Day Low18.45
52 Week High25.35
52 Week Low17.69
Performance
1 Week-5.17%
2 Weeks-9.55%
1 Month-4.77%
3 Month-7%
6 Month-12.93%
12 Month-24.9%
2 Year-8.8%
3 Year-30.9%
5 Year7.15%
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)-0.23
RSI(14)36.46
LBB18.14
UBB21.46
BIT:IBZL (3/4/2025, 3:26:40 PM)
18.632
-0.22 (-1.15%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-1.15%
1 Week-5.17%
2 Weeks-9.55%
1 Month-4.77%
3 Month-7%
6 Month-12.93%
12 Month-24.9%
2 Year-8.8%
3 Year-30.9%
5 Year7.15%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.36
ATR(20)%1.89%
ATR Inc-35.89%
Range Today0
ADR(20)0.22
ADR(20)%1.19%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS14.43
Mansfield-1.8
10 Day High20.92
10 Day Low18.45
20 Day High20.92
20 Day Low18.45
52 Week High25.35
52 Week Low17.69
CS1 End17.92
CR1 Start19.34
Volume & EV
DER(3)0%
DER(5)-0.07%
Volume20
Volume Incr-60.35%
Vol(5)5.49K
Vol(50)13.19K