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Downtrend Broken Resist.Archive - 7/18/2025 - 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 -0.68 points, or -2.47%, and closed at 26.85 on Friday, July 18, 2025. Weekly volume was 22% 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 (16.28) 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 29.35 on July 3, 2025. EWZ gained -7.09 points, or -31.85%, in 28 weeks. The price is now at the 35.26% retracement level.
Weekly Technical Indicators: [See EWZ weekly technical indicators chart] Weekly technical indicators are neutral. During the last week, weekly Lane's Stochastic signal line (%D) has moved below overbought area. 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 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 downtrend had started on July 3, 2025 at 29.35 and reached 26.82 on July 18, 2025. EWZ lost 2.53 points, or 8.62%, in 15 days. Price is near the trend low.
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. Daily Lane's Stochastic has bullish divergence. Use the following links to access the Lane's Stochastic help, or use the Technical Stock Screener to see the list of stocks with daily Lane's Stochastic bullish divergence. The divergence between price and indicator is considering one of the most important buy/sell stocks trading signal. The daily MACD line is below its signal line since July 8, 2025. This is an indication that the short-term trend is down.
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