ISHARES MSCI BRAZIL UCITS DE (4BRZ.MI) Stock Technical Analysis
BIT:4BRZ - Euronext Milan - DE000A0Q4R85 - ETF - Currency: EUR
We assign a technical rating of 4 out of 10 to 4BRZ. In the last year, 4BRZ was a below average performer in the market. There are positive signs in the very recent evolution, but the medium term picture is still mixed.
Although the technical rating is only medium, 4BRZ does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 32.66. Right above this resistance zone may be a good entry point.
More info and screens
28.46
2 important support areas can be observed.
- Support @30.82 from a horizontal line in the weekly time frame.
- Support @28.75 from a horizontal line in the daily time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 32.66 to 32.70. This zone is formed by a combination of multiple trend lines in multiple time frames.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | UP | POSITIVE | The long term trend for 4BRZ.MI is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for 4BRZ.MI is up. |
| ChartMill Relative Strength | 0 | NEGATIVE | 4BRZ.MI has a low relative strength, it was outperformed by 100% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of 4BRZ.MI is above the rising SMA(20). |
| Relative Strength Index/RSI (14) | 57.35 | NEUTRAL | The RSI value for 4BRZ.MI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -1.01 | NEGATIVE | The MACD value suggests 4BRZ.MI has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 77.73 | NEUTRAL | The Stochastics value for 4BRZ.MI is a neutral value. |
| Average True Range in percent/ATR (20) | 3.52 | MEDIUM VOLATILITY | The ATR as a percentage value for 4BRZ.MI suggests some volalility. |
| Average Directional Index/ADX (14) | 13.56 | NEGATIVE | The low ADX value for 4BRZ.MI suggests a weak or negative trend. |
BIT:4BRZ (7/9/2025, 7:00:00 PM)
32.655
+0.74 (+2.32%)