BRAZ Global X Brazil Active ETF Forecast, Technical & Fundamental Analysis
The investment seeks to achieve long-term capital growth... Show more
BRAZ in downward trend: price may decline as a result of having broken its higher Bollinger Band on June 30, 2025
BRAZ broke above its upper Bollinger Band on June 30, 2025. This could be a sign that the stock is set to drop as the stock moves back below the upper band and toward the middle band. You may want to consider selling the stock or exploring put options. The A.I.dvisor looked at 11 similar instances where the stock broke above the upper band. In of the 11 cases the stock fell afterwards. This puts the odds of success at .
Technical Analysis (Indicators)
Bearish Trend Analysis
The 10-day RSI Indicator for BRAZ moved out of overbought territory on June 18, 2025. This could be a bearish sign for the stock. Traders may want to consider selling the stock or buying put options. Tickeron's A.I.dvisor looked at 12 similar instances where the indicator moved out of overbought territory. In of the 12 cases, the stock moved lower in the following days. This puts the odds of a move lower at .
The Stochastic Oscillator demonstrated that the ticker has stayed in the overbought zone for 3 days. The longer the ticker stays in the overbought zone, the sooner a price pull-back is expected.
Bullish Trend Analysis
The Momentum Indicator moved above the 0 level on June 05, 2025. You may want to consider a long position or call options on BRAZ as a result. In of 30 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are .
The Moving Average Convergence Divergence (MACD) for BRAZ just turned positive on June 30, 2025. Looking at past instances where BRAZ's MACD turned positive, the stock continued to rise in of 15 cases over the following month. The odds of a continued upward trend are .
The Aroon Indicator entered an Uptrend today. In of 58 cases where BRAZ Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are .
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General Information
Category LatinAmericaStock
BRAZ and ETFs
Correlation & Price change
A.I.dvisor indicates that over the last year, BRAZ has been closely correlated with EWZ. These tickers have moved in lockstep 85% of the time. This A.I.-generated data suggests there is a high statistical probability that if BRAZ jumps, then EWZ could also see price increases.
| Ticker / NAME | Correlation To BRAZ | 1D Price Change % | ||
|---|---|---|---|---|
| BRAZ | 100% | N/A | ||
| EWZ - BRAZ | 85% Closely correlated | +1.38% | ||
| FLBR - BRAZ | 82% Closely correlated | +1.42% | ||
| FLLA - BRAZ | 81% Closely correlated | +1.03% | ||
| EWZS - BRAZ | 78% Closely correlated | +1.54% | ||
| ILF - BRAZ | 23% Poorly correlated | +0.49% | ||
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