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iShares MSCI Brazil Index Fund (EWZ) - Buy, Sell or Hold?

Trade DateCurrent Candlestick PatternPrevious Candlestick PatternWhenPerformance Since
Fri, 17 Nov 2017NoneBearish EngulfingFri, 03 Nov 20171.32%
***Stock database and scans are updated around midnight (New York time) every trading day.
39.83 0.00 (0%) Nov 17 4:00pm EST
Open: 39.26 Range: 39.22 - 39.97 Vol: 24.02M Avg Vol: 17.54M
EPS: 8.90 P/E ratio: 0.00 EBITDA: N/A Mkt Cap: N/A
Analyze "EWZ" - FREE 30 Day Trial of Market Analyst 7
Short Term: Trend is Up
Last Trade is above the 5 day moving average at 38.76
Medium Term: Trend is Down
Last Trade is below the 20 day moving average at 39.91
Last Trade is below the 50 day moving average at 41.48
Long Term: Trend is Up
Last Trade is above the 200 day moving average at 38.24
* Data normalized for Splits & Dividends. Report data issues
How to use this info: Stock Timing With Moving Averages
Daily Chart of EWZ

ETF Trend Analysis - Buy, Sell or Hold "iShares MSCI Brazil Index Fund" (EWZ)?

EWZ is in a very strong uptrend. In the last 52 weeks, EWZ has been trading above the 200 day moving average for 85% of the time with an average daily volume of 17.5M shares being traded. The 50 day moving average, currently at 41.48, 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 is in a trading range and is generally bucking the trend with a bearish bias. EWZ was only able to maintain above the 20 SMA for 30% of the time in the last month of trading. Objectively, in a strong uptrend, the high probability strategy is to buy dips. A good area for traders who are considering taking a long position in EWZ is near the 200 SMA currently at 38.24. Click here for the latest support & resistance levels to help you finetune your entry into or exit out of "EWZ".
Objective Technical Analysis by BannRonn TA LogicEngine ver 1.1. Last Updated - Fri, 17 Nov 2017
Exchange Traded Funds Above 200 Day Moving Average
TickerNameTrend AnalysisSupport/Resistance