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AMUNDI MSCI BRAZIL-ETF ACC (BRA.MI) Stock Technical Analysis

BIT:BRA - Euronext Milan - LU1900066207 - ETF - Currency: EUR

18.54  +0.51 (+2.85%)

Technical Rating and Analysis

4

Taking everything into account, BRA scores 4 out of 10 in our technical rating. In the past year, BRA was a below average performing stock in the market. The medium term picture is also negative, but we see some improvement happening in recent action.

71% of all other stocks performed better in the past year than BRA.
Warning: BRA has an average volume of 12119 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
In the last month BRA has a been trading in the 16.25 - 19.18 range, which is quite wide. It is currently trading near the high of this range.
Both the short term and long term trends are neutral. So this is not the most entertaining stock around.
BRA is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so BRA is lagging the market slightly.
Considerably lower volume is observed in the last couple of days.
Weekly and Daily overview Charts
AMUNDI MSCI BRAZIL-ETF ACC / BRA Weekly stock chart
AMUNDI MSCI BRAZIL-ETF ACC / BRA Daily stock chart
Setup Rating and Analysis

3

BRA has an average technical rating and it also does not offer a high quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.

Support and Resistance Analysis

15.64

19.43

We found 3 important support areas.

  • A support zone ranging from 18.05 to 18.12. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • A support zone ranging from 16.25 to 16.40. This zone is formed by a combination of multiple trend lines in the weekly time frame.
  • A support zone ranging from 15.80 to 15.86. This zone is formed by a combination of multiple trend lines in multiple time frames.

When analyzing the resistance we notice one important area.

  • A resistance zone ranging from 18.59 to 19.24. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
Technical Indicator Signal Analysis

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.

IndicatorValueSignalComment
ChartMill Long Term Trend IndicatorNEUTRALNEUTRALThe long term trend for BRA.MI is neutral.
ChartMill Short Term Trend IndicatorNEUTRALNEUTRALThe short term trend for BRA.MI is neutral.
ChartMill Relative Strength29.46NEGATIVEBRA.MI has a low relative strength, it was outperformed by 70.54% off all stocks on the market.
Simple Moving Average/SMA (20)UPPOSITIVEThe current price of BRA.MI is above the rising SMA(20).
Simple Moving Average/SMA (50)UPPOSITIVEThe current price of BRA.MI is above the rising SMA(50).
Simple Moving Average/SMA (200)DOWNNEGATIVEThe current price of BRA.MI is below a declining SMA(200).
Relative Strength Index/RSI (14)54.24NEUTRALThe RSI value for BRA.MI is a neutral value.
Moving Average Convergence Divergence/MACD (12, 26, 9)0.03POSITIVEThe MACD value suggests BRA.MI has a positive trend, although the MACD value is declining.
Stochastics (14,3)51.49NEUTRALThe Stochastics value for BRA.MI is a neutral value.
Average True Range in percent/ATR (20)2.39MEDIUM VOLATILITYThe ATR as a percentage value for BRA.MI suggests some volalility.
Average Directional Index/ADX (14)15.41NEGATIVEThe low ADX value for BRA.MI suggests a weak or negative trend.
Chart- and CandleStick Pattern Analysis
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
AMUNDI MSCI BRAZIL-ETF ACC / BRA Daily stock chart

AMUNDI MSCI BRAZIL-ETF ACC

BIT:BRA (5/28/2025, 7:00:00 PM)

18.54

+0.51 (+2.85%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg2.85%
1 Week-2.76%
2 Weeks2.87%
1 Month17.34%
3 Month-0.69%
6 Month-1.74%
12 Month-11.99%
2 Year1.2%
3 Year-3.29%
5 Year48.58%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.4
ATR(20)%2.39%
ATR Inc108.25%
Range Today0.15
ADR(20)0.18
ADR(20)%0.99%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS29.46
Mansfield-0.48
10 Day High19.18
10 Day Low17.64
20 Day High19.18
20 Day Low16.25
52 Week High21.32
52 Week Low15.8
CS1 End18.12
CR1 Start18.59
Volume & EV
DER(3)0%
DER(5)0%
Volume4.30K
Volume Incr-89.72%
Vol(5)1.30K
Vol(50)12.12K