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Archive
- 2/27/2026 -
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iShares MSCI Brazil Index (EWZ) Technical Analysis
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| Summary:
| | Weekly :  | | Daily :
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| | It was the negative week for the iShares MSCI Brazil Index (EWZ). During the week, the EWZ dropped -0.64 points, or -1.63%, and closed at 38.73 on Friday, February 27, 2026. It was the worst weekly loss since December 19, 2025. Weekly volume was 31% above average.
 Long-term trend: [See EWZ long-term trend chart]
A long-term uptrend had started on December 18, 2024 at 22.26 and reached 39.69 on February 25, 2026. EWZ gained -17.43 points, or -78.30%, in 62 weeks. The chart has formed a Broadening Ascending Wedge chart pattern. The uptrend resistance line (31.88) is broken. Usually a broken resistance is considered to be a long-term bullish signal, although a short-term pull back is possible. Use the following links to access Trend Support/Resistance Help, or use the Technical Stock Screener to see the list of stocks with broken trend resistance line in a long-term trend.
 Medium-term trend: [See EWZ medium-term trend chart]
A medium-term uptrend had started on February 4, 2026 at 36.69 and reached 39.69 on February 25, 2026. EWZ gained -3.00 points, or -8.18%, in 3 weeks. The chart has formed a Rising Wedge chart pattern. The trend support level is at 37.75 and resistance is at 39.74. A Rising Wage is a triangle formation with a noticeable slant to the upside. It represents the loss of an upside momentum on each successive high and has a bearish bias. The Rising wedge usually marks a reversal in an uptrend. In a downtrend a rising wedge is considered to be a continuation pattern. Use the following link to access a Rising Wedge chart pattern help, or use a Technical Stock Screener to see the list of stocks with Rising Wedge pattern in a medium-term trend.
 Weekly Technical Indicators: [See EWZ weekly technical indicators chart]
Weekly Lane's Stochastic is overbought while Williams' Percentage Range is strongly overbought. Use the Technical Stock Screener to see the list of stocks with overbought weekly Lane's Stochastic or strongly overbought weekly Williams' Percentage Range. During the last week, weekly Lane's Stochastic main line (%K) has declined below the overbought signal line (%D). Such crossover is considered a bearish signal. Oscillators are designed to signal a possible trend reversal. They can act as alerts and should be taken in conjunction with other technical analysis tools. Oscillators can be used to confirm other technical signals. Use the following links to access Lane's Stochastic and Williams' Percentage Range help.
The weekly MACD line is above its signal line since January 16, 2026. This is an indication that the medium-term trend is up. The distance between MACD and the signal line is near its high and getting bigger. It indicates that the current medium-term uptrend is strong. Use the following link to access a MACD help.
 Short-term trend: [See EWZ short-term trend chart]
A short-term downtrend had started on February 25, 2026 at 39.69 and reached 38.57 on February 26, 2026. EWZ lost 1.12 points, or 2.82%, in 1 days. The price is now at the 14.29% retracement level.
 Daily Technical Indicators: [See EWZ daily technical indicators chart]
Daily technical indicators are neutral.
The daily MACD line is below its signal line since February 12, 2026. This is an indication that the short-term trend is down. The distance between MACD and the signal line is low, but getting bigger. It indicates that the current short-term downtrend is getting stronger.
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