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Archive - 10/10/2025 - Sign In to see current Signals. |
iShares MSCI Brazil Index (EWZ) Technical Analysis
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| Summary:
| | Weekly :  | | Daily :    Move cursor over the icon to see details.
| | It was the negative week for the iShares MSCI Brazil Index (EWZ). During the week, the EWZ dropped -1.54 points, or -5.08%, and closed at 28.79 on Friday, October 10, 2025. It was the worst weekly loss since July 11, 2025. Weekly volume was 24% above average.
Long-term trend: [See EWZ long-term trend chart] A long-term downtrend had started on December 19, 2023 at 35.74 and reached 22.26 on December 18, 2024. EWZ lost 13.48 points, or 37.72%, in 52 weeks. The chart has formed a Broadening Descending Wedge chart pattern. The downtrend resistance line (13.82) is broken. A broken support is considered to be a long-term bullish signal. 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 December 18, 2024 at 22.26 and reached 31.46 on September 23, 2025. EWZ gained -9.20 points, or -41.33%, in 39 weeks. The price is now at the 29.02% retracement level.
Weekly Technical Indicators: [See EWZ weekly technical indicators chart] Weekly Lane's Stochastic is overbought. Use the Technical Stock Screener to see the list of stocks with overbought weekly Lane's Stochastic. 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 link to access Lane's Stochastic help. The weekly MACD line is above its signal line since February 7, 2025. This is an indication that the medium-term trend is up. Use the following link to access a MACD help.
Short-term trend: [See EWZ short-term trend chart] A short-term uptrend had started on July 30, 2025 at 26.30 and reached 31.46 on September 23, 2025. EWZ gained -5.16 points, or -19.62%, in 55 days. The chart has formed a Broadening Ascending Wedge chart pattern. The uptrend support line (30.05) is broken. Usually a broken support is considered to be a long-term bearish signal, but since daily indicators are oversold a short-term pull back is possible. EWZ may retest the broken support line. It is considered to be a resistance line now. 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 support in a short-term trend.
Daily Technical Indicators: [See EWZ daily technical indicators chart] Daily Lane's Stochastic is oversold. Use the Technical Stock Screener to see the list of stocks with daily oversold Lane's Stochastic. The daily MACD line is below its signal line since September 24, 2025. The distance between MACD and the signal line is near its high and getting bigger. The price has closed on Friday below the lower Bollinger Band. It is considered a bearish signal. The Bollinger Bands are often used with a non-oscillator indicator like chart patterns or a trendline. The signals are considered more reliable if these indicators confirm the recommendation of the Bollinger Bands. Use the following links to access the Bollinger Bands Help, or use the Technical Stock Screener to see the list of stocks with the price above the Upper Bollinger Band or below the Lower Bollinger Band. During the last week, the price has crossed below the 50 Day Moving Average. While the medium-term trend is up and daily technical indicators are oversold, the 50 Day Moving Average is considered a support level. The moving average crossover signals work better when the stock develops a strong trend, but they are ineffective when the stock is in a trading range. Moving average crossover systems can be effective, but should be used in conjunction with trend patterns, momentum indicators, candlesticks and other aspects of technical analysis. Use the following links to access Moving Average Crossover trading technique, or use the Technical Stock Screener to see the list of stocks with the Moving Average close to the price level.
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