FIRST TRUST BRAZIL (FBZ) Stock Technical Analysis
NASDAQ:FBZ - Nasdaq - US33737J1337 - ETF - Currency: USD
We assign a technical rating of 8 out of 10 to FBZ. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, FBZ is only an average performer.
Warning: FBZ has an average volume of 4508 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.
FBZ is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so FBZ is performing more or less in line with the market.
In the last month FBZ has a been trading in the 10.65 - 11.39 range, which is quite wide. It is currently trading near the high of this range.
Prices have been consolidating recently, this may present a good entry opportunity.
Looking at the yearly performance, FBZ did better than 75% of all other stocks. However, this overall performance is mostly based on the strong move around 4 months ago.
Volume is considerably higher in the last couple of days.
FBZ has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 11.27. Right above this resistance zone may be a good entry point. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
9.32
11.51
We found 5 important support areas.
- A support zone ranging from 10.51 to 10.75. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @10.16 from a trend line in the weekly time frame.
- Support @9.80 from a horizontal line in the weekly time frame.
- Support @9.57 from a trend line in the daily time frame.
- Support @9.41 from a horizontal line in the daily time frame.
We found 1 important resistance area.
- A resistance zone ranging from 11.27 to 11.40. This zone is formed by a combination of multiple trend lines in multiple time frames.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS75.21
Mansfield0.48
10 Day High11.4
10 Day Low10.86
20 Day High11.4
20 Day Low10.65
52 Week High11.97
52 Week Low8.9
Performance
1 Week0.36%
2 Weeks5.63%
1 Month5.04%
3 Month13.41%
6 Month6.33%
12 Month-1.62%
2 Year11.94%
3 Year-14.77%
5 Year12.05%
10 Year-18.77%
15 YearN/A
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)
Technical Indicators
MACD(12,26,9)0.01
RSI(14)60.88
LBB10.67
UBB11.49
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 11.41 | 10.85 | 0.56 (4.91%) | 20.37% |
| An entry @11.41. This is a Buy Stop order right above the resistance zone. | An exit @10.85. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 0.56 points, which is 4.91%. | For a 1.00% total portfolio risk, you can invest 20.37% of your capital in this trade. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
NASDAQ:FBZ (5/21/2025, 8:00:02 PM)
11.25
-0.14 (-1.27%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-1.27%
1 Week0.36%
2 Weeks5.63%
1 Month5.04%
3 Month13.41%
6 Month6.33%
12 Month-1.62%
2 Year11.94%
3 Year-14.77%
5 Year12.05%
10 Year-18.77%
15 YearN/A
Volatility
ATR(14)0.18
ATR(20)%1.57%
ATR Inc-15.66%
Range Today0.06
ADR(20)0.11
ADR(20)%0.95%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS75.21
Mansfield0.48
10 Day High11.4
10 Day Low10.86
20 Day High11.4
20 Day Low10.65
52 Week High11.97
52 Week Low8.9
CS1 End10.75
CR1 Start11.27
Volume & EV
DER(3)0%
DER(5)0%
Volume200
Volume Incr50.55%
Vol(5)10.26K
Vol(50)4.51K