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ISHARES BIC 50 (BRIC.AS) Stock Technical Analysis

AMS:BRIC - Euronext Amsterdam - IE00B1W57M07 - ETF - Currency: EUR

20.485  -0.31 (-1.49%)

Technical Rating and Analysis

2

We assign a technical rating of 2 out of 10 to BRIC. BRIC has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.

In the last month BRIC has a been trading in the 20.40 - 21.76 range, which is quite wide. It is currently trading near the lows of this range.
Warning: BRIC has an average volume of 1918 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
The long term trend is neutral, but the short term trend is negative. Better to stay away from this!
When compared to the yearly performance of all other stocks, BRIC outperforms 55% of them, which is more or less in line with the market.
BRIC 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 BRIC is lagging the market slightly.
Considerably lower volume is observed in the last couple of days.
Weekly and Daily overview Charts
ISHARES BIC 50 / BRIC Weekly stock chart
ISHARES BIC 50 / BRIC Daily stock chart
Setup Rating and Analysis

1

The technical rating of BRIC is bad and it also does not present a quality setup at the moment. Prices have been extended to the downside lately. For a nice entry it is better to wait for a consolidation.

Support and Resistance Analysis

17.80

22.38

3 important support areas can be observed.

  • Support @19.70 from a trend line in the weekly time frame.
  • A support zone ranging from 18.45 to 18.99. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Support @17.98 from a trend line in the weekly time frame.

When analyzing the resistance we notice 3 important areas.

  • A resistance zone ranging from 20.72 to 21.07. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Resistance @21.61 from a horizontal line in the weekly time frame.
  • Resistance @22.16 from a horizontal line in the daily time frame.
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 BRIC.AS is neutral.
ChartMill Short Term Trend IndicatorDOWNNEGATIVEThe short term trend for BRIC.AS is down.
ChartMill Relative Strength55.76NEUTRALBRIC.AS is not amongst the best or worst performers on the market.
Simple Moving Average/SMA (20)DOWNNEGATIVEThe current price of BRIC.AS is below a declining SMA(20).
Simple Moving Average/SMA (50)UPMIXEDThe current price of BRIC.AS is below the rising SMA(50).
Simple Moving Average/SMA (200)UPPOSITIVEThe current price of BRIC.AS is above the rising SMA(200).
Relative Strength Index/RSI (14)40.52NEUTRALThe RSI value for BRIC.AS is a neutral value.
Moving Average Convergence Divergence/MACD (12, 26, 9)-0.05NEGATIVEThe MACD value suggests BRIC.AS has a negative trend.
Stochastics (14,3)28.43NEUTRALThe Stochastics value for BRIC.AS is a neutral value.
Average True Range in percent/ATR (20)1.25LOW VOLATILITYThe low ATR as a percentage value for BRIC.AS suggests low volalility.
Average Directional Index/ADX (14)11.6NEGATIVEThe low ADX value for BRIC.AS 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)
ISHARES BIC 50 / BRIC Daily stock chart

ISHARES BIC 50

AMS:BRIC (6/19/2025, 7:00:00 PM)

20.485

-0.31 (-1.49%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-1.49%
1 Week-2.91%
2 Weeks-3.28%
1 Month-4.34%
3 Month-10.84%
6 Month5.21%
12 Month15.29%
2 Year15.6%
3 Year-8.18%
5 Year-27.53%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.25
ATR(20)%1.25%
ATR Inc0.67%
Range Today0.09
ADR(20)0.14
ADR(20)%0.69%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS55.76
Mansfield-0.03
10 Day High21.76
10 Day Low20.49
20 Day High21.76
20 Day Low20.4
52 Week High24.03
52 Week Low16
CS1 End19.7
CR1 Start20.72
Volume & EV
DER(3)-3.38%
DER(5)-2.06%
Volume1.64K
Volume Incr-8.87%
Vol(5)1.03K
Vol(50)1.92K