


Technical Sentiment Analysis for iShares MSCI Brazil ETF (EWZ). As of 2026-05-07, iShares MSCI Brazil ETF (EWZ) is exhibiting a Neutral technical sentiment. Our proprietary analysis, which aggregates 12 technical signals, shows that 6 indicators are flashing buy, while 6 are indicating sell.
Momentum Indicators: RSI, MACD & Overbought/Oversold Status. Currently, the Relative Strength Index (RSI) for EWZ stands at 46.38, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at 0.14, providing a Buy signal for short-term momentum. Other oscillators like the Stochastic Oscillator at 28.67 and the Commodity Channel Index (CCI) at -93.83 further confirm a -1.08 outlook for the ETF.
Support, Resistance & Moving Averages. From a structural perspective, EWZ is trading above its 60-day moving average of $38.59 and above its 200-day long-term moving average of $33.54. Key price levels to watch include the immediate resistance at $40.36 and strong support at $38.62. A break above $40.36 could signal a bull continuation, while falling below $38.62 may test the next Fibonacci floor at $37.75.
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | 36.89 | 37.75 | 38.62 | 39.48 | 40.36 | 41.22 | 42.09 |
| Fibonacci | 37.75 | 38.41 | 38.82 | 39.48 | 40.14 | 40.55 | 41.22 |
2026-05-07
| Name | Value |
|---|---|
| Relative Strength Index (RSI) | 46.38 |
| Stochastic Oscillator | 28.67 |
| Stochastic RSI | 27.03 |
| Commodity Channel Index (CCI) | -93.83 |
| Awesome Oscillator | 0.22 |
| Momentum | -1.08 |
| MACD | 0.14 |
2026-05-07
| Period | Simple | Signal |
|---|---|---|
| 5-Day | 39.42 | Sell |
| 10-Day | 39.5 | Sell |
| 20-Day | 40.32 | Sell |
| 60-Day | 38.59 | Buy |
| 200-Day | 33.54 | Buy |
| 250-Day | 32.41 | Buy |