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Global X Brazil Consumer ETF (BRAQ) - Buy, Sell or Hold?

Trade DateCurrent Candlestick PatternPrevious Candlestick PatternWhenPerformance Since
Fri, 06 Oct 2017Bullish EngulfingShooting StarMon, 02 Oct 20170.58%
***Stock database and scans are updated around midnight (New York time) every trading day.
17.35 0.00 (0%) Oct 06 3:43pm EST
Open: 17.3468 Range: N/A Vol: 0K Avg Vol: 6.95K
EPS: 0.00 P/E ratio: 0.00 EBITDA: N/A Mkt Cap: N/A
Analyze "BRAQ" - FREE 30 Day Trial of Market Analyst 7
Short Term: Trend is Up
Last Trade is above the 5 day moving average at 17.28
Medium Term: Trading is Range Bound
Last Trade is below the 20 day moving average at 17.85
Last Trade is above the 50 day moving average at 16.77
Long Term: Trend is Up
Last Trade is above the 200 day moving average at 14.46
* Data normalized for Splits & Dividends. Report data issues
How to use this info: Stock Timing With Moving Averages
Daily Chart of BRAQ

ETF Trend Analysis - Buy, Sell or Hold "Global X Brazil Consumer ETF" (BRAQ)?

BRAQ is in a very strong uptrend. In the last 52 weeks, BRAQ has been trading above the 200 day moving average for 88% of the time with an average daily volume of 6.9K shares being traded. The 50 day moving average, currently at 16.77, although still maintaining a bullish inclination, is however exhibiting characteristics of a medium term trading range. As the dominant long term trend is still up strongly, the high probability trade is still buying the dips. The 20 day moving average, although in a trading range, generally confirms this view as the underlying strength in BRAQ still has a bullish bias with price maintaining above the 20 SMA for 77.5% of the time in the last two months of trading. Traders who are thinking of going long BRAQ shares should consider patiently waiting for price to be near the 50 or 200 SMAs, currently at 16.77 and 14.46 respectively. Click here for the latest support & resistance levels to help you finetune your entry into or exit out of "BRAQ".
Objective Technical Analysis by BannRonn TA LogicEngine ver 1.1. Last Updated - Fri, 06 Oct 2017

News on "BRAQ" ETF

    Exchange Traded Funds Above 200 Day Moving Average
    TickerNameTrend AnalysisSupport/Resistance