


Technical Sentiment Analysis for Global X Brazil Active ETF (BRAZ). As of 2026-05-22, Global X Brazil Active ETF (BRAZ) is exhibiting a Strong sell technical sentiment. Our proprietary analysis, which aggregates 11 technical signals, shows that 3 indicators are flashing buy, while 8 are indicating sell.
Momentum Indicators: RSI, MACD & Overbought/Oversold Status. Currently, the Relative Strength Index (RSI) for BRAZ stands at 36.97, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at -0.71, providing a Sell signal for short-term momentum. Other oscillators like the Stochastic Oscillator at 20.84 and the Commodity Channel Index (CCI) at -94.24 further confirm a -2.2 outlook for the ETF.
Support, Resistance & Moving Averages. From a structural perspective, BRAZ is trading above its 60-day moving average of $32.56 and above its 200-day long-term moving average of $29.05. Key price levels to watch include the immediate resistance at $32.68 and strong support at $30.12. A break above $32.68 could signal a bull continuation, while falling below $30.12 may test the next Fibonacci floor at $28.96.
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | 27.56 | 28.96 | 30.12 | 31.52 | 32.68 | 34.08 | 35.24 |
| Fibonacci | 28.96 | 29.93 | 30.54 | 31.52 | 32.49 | 33.1 | 34.08 |
2026-05-22
| Name | Value |
|---|---|
| Relative Strength Index (RSI) | 36.97 |
| Stochastic Oscillator | 20.84 |
| Stochastic RSI | 16.84 |
| Commodity Channel Index (CCI) | -94.24 |
| Awesome Oscillator | -2.38 |
| Momentum | -2.2 |
| MACD | -0.71 |
2026-05-22
| Period | Simple | Signal |
|---|---|---|
| 5-Day | 30.91 | Sell |
| 10-Day | 31.29 | Sell |
| 20-Day | 32.33 | Sell |
| 60-Day | 32.56 | Sell |
| 200-Day | 29.05 | Buy |
| 250-Day | 27.93 | Buy |