GLOBAL X BRAZIL ACTIVE ETF (BRAZ) Stock Technical Analysis
NYSEARCA:BRAZ - NYSE Arca - US37960A5609 - ETF - Currency: USD
Overall BRAZ gets a technical rating of 8 out of 10. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, BRAZ is only an average performer.
Warning: BRAZ has an average volume of 994 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.
BRAZ 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 BRAZ is lagging the market slightly.
When compared to the yearly performance of all other stocks, BRAZ outperforms 50% of them, which is more or less in line with the market.
In the last month BRAZ has a been trading in a tight range between 23.28 and 24.44.
Considerably lower volume is observed in the last couple of days.
BRAZ has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately. We notice that large players showed an interest for BRAZ in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
19.52
24.64
We found 3 important support areas.
- A support zone ranging from 23.85 to 24.07. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 23.03 to 23.28. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @19.72 from a horizontal line in the daily time frame.
We found 1 important resistance area.
- A resistance zone ranging from 24.31 to 24.40. 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 BRAZ is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for BRAZ is up. |
| ChartMill Relative Strength | 50.57 | NEUTRAL | BRAZ is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of BRAZ is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of BRAZ is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of BRAZ is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 59.23 | NEUTRAL | The RSI value for BRAZ is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests BRAZ has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 74.75 | NEUTRAL | The Stochastics value for BRAZ is a neutral value. |
| Average True Range in percent/ATR (20) | 1.15 | LOW VOLATILITY | The low ATR as a percentage value for BRAZ suggests low volalility. |
| Average Directional Index/ADX (14) | 13.52 | NEGATIVE | The low ADX value for BRAZ suggests a weak or negative 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)
NYSEARCA:BRAZ (7/1/2025, 9:30:59 PM)
24.3
-0.09 (-0.39%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-0.39%
1 Week0.7%
2 Weeks-0.21%
1 Month5.26%
3 Month18.31%
6 Month24.51%
12 Month-0.14%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.31
ATR(20)%1.15%
ATR Inc23.86%
Range Today0
ADR(20)0.14
ADR(20)%0.59%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS50.57
Mansfield-0.08
10 Day High24.44
10 Day Low23.7
20 Day High24.44
20 Day Low23.28
52 Week High26.26
52 Week Low19.41
CS1 End23.15
CR1 Start23.84
Volume & EV
DER(3)97.22%
DER(5)58.33%
Volume200
Volume Incr-33.7%
Vol(5)600
Vol(50)994