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 7450 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
The long and short term trends are both positive. This is looking good!
FBZ 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 FBZ is lagging the market slightly.
Looking at the yearly performance, FBZ did better than 75% of all other stocks. However, this relatively good performance is mostly due to a recent big move.
In the last month FBZ has a been trading in a tight range between 11.06 and 11.68.
Volume is considerably higher in the last couple of days.
Besides having an excellent technical rating, FBZ 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 11.60. Right above this resistance zone may be a good entry point.
More info and screens
9.32
11.82
We found 4 important support areas.
- A support zone ranging from 11.35 to 11.49. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 10.64 to 10.94. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @9.67 from a trend line in the daily time frame.
- Support @9.41 from a horizontal line in the daily time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 11.60 to 11.70. 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 FBZ is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for FBZ is up. |
| ChartMill Relative Strength | 75.9 | POSITIVE | FBZ has a high relative strength, it outperformed 75.9% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of FBZ is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of FBZ is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of FBZ is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 62.16 | NEUTRAL | The RSI value for FBZ is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.02 | NEGATIVE | The MACD value suggests FBZ has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 85.55 | OVERBOUGHT | The high Stochastics value suggests FBZ may be overbought. |
| Average True Range in percent/ATR (20) | 1.49 | LOW VOLATILITY | The low ATR as a percentage value for FBZ suggests low volalility. |
| Average Directional Index/ADX (14) | 15.37 | NEGATIVE | The low ADX value for FBZ 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)
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 |
|---|---|---|---|
| 11.71 | 11.34 | 0.37 (3.16%) | 25.00% |
| An entry @11.71. This is a Buy Stop order right above the resistance zone. | An exit @11.34. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 0.37 points, which is 3.16%. | For a 0.79% total portfolio risk, you can invest 25.00% 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 (6/10/2025, 8:00:02 PM)
11.585
+0.01 (+0.04%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg0.04%
1 Week0.39%
2 Weeks0.13%
1 Month6.09%
3 Month15.22%
6 Month18.87%
12 Month9.91%
2 Year5.03%
3 Year17.38%
5 Year7.17%
10 Year-13.42%
15 YearN/A
Volatility
ATR(14)0.18
ATR(20)%1.49%
ATR Inc-6.09%
Range Today0.1
ADR(20)0.13
ADR(20)%1.09%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS75.9
Mansfield0.45
10 Day High11.68
10 Day Low11.24
20 Day High11.68
20 Day Low11.06
52 Week High11.97
52 Week Low8.9
CS1 End11.49
CR1 Start11.6
Volume & EV
DER(3)2.07%
DER(5)2.67%
Volume1.50K
Volume Incr79.72%
Vol(5)14.18K
Vol(50)7.45K