AMUNDI MSCI BRAZIL-ETF ACC (BRA.MI) Stock Technical Analysis
BIT:BRA - LU1900066207 - ETF
19.436 EUR
+0.08 (+0.41%)
Taking everything into account, BRA scores 8 out of 10 in our technical rating. Although BRA is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
Warning: BRA has an average volume of 12433 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
Both the short term and long term trends are positive. This is a very positive sign.
BRA is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so BRA is lagging the market slightly.
BRA is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.
Considerably lower volume is observed in the last couple of days, which is a good thing during a pullback.
When comparing the performance of all stocks over the past year, BRA turns out to be only a medium performer in the overall market: it outperformed 41% of all stocks.
Although BRA has an excellent technical rating, the quality of the presented setup is not ideal 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.
More info and screens
15.70
20.39
When analyzing the support we can see 4 important areas.
- A support zone ranging from 18.66 to 19.09. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 17.69 to 18.29. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 16.45 to 16.60. This zone is formed by a combination of multiple trend lines in the weekly time frame.
- Support @15.86 from a horizontal line in the weekly time frame.
We can see 2 important resistance areas.
- Resistance @19.55 from a trend line in the daily time frame.
- Resistance @20.19 from a horizontal line in the daily time frame.
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 BRA.MI is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for BRA.MI is up. |
| ChartMill Relative Strength | 41.6 | NEUTRAL | BRA.MI is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of BRA.MI is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of BRA.MI is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of BRA.MI is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 61.06 | NEUTRAL | The RSI value for BRA.MI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.09 | POSITIVE | The MACD value suggests BRA.MI has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 82.84 | OVERBOUGHT | The high Stochastics value suggests BRA.MI may be overbought. |
| Average True Range in percent/ATR (20) | 1.66 | LOW VOLATILITY | The low ATR as a percentage value for BRA.MI suggests low volalility. |
| Average Directional Index/ADX (14) | 20.16 | NEUTRAL | The ADX value for BRA.MI suggests a possible start of a new trend. |
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)
BIT:BRA (9/9/2025, 9:05:24 AM)
19.436
+0.08 (+0.41%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg0.41%
1 Week-0.87%
2 Weeks5.4%
1 Month3.27%
3 Month4.65%
6 Month3.59%
12 Month0.56%
2 Year-1.85%
3 Year5.05%
5 Year50.43%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.25
ATR(20)%1.66%
ATR Inc-22.79%
Range Today0.05
ADR(20)0.17
ADR(20)%0.88%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS41.6
Mansfield-0.54
10 Day High19.65
10 Day Low18.22
20 Day High19.65
20 Day Low17.73
52 Week High20.33
52 Week Low15.8
CS1 End19.09
CR1 Start19.55
Volume & EV
DER(3)0%
DER(5)-0.02%
Volume60
Volume Incr-76.42%
Vol(5)3.91K
Vol(50)12.43K