iShares MSCI Brazil ETF technical analysis
Technical analysis of iShares MSCI Brazil ETF (stock) with the Montbon Method — Elliott Waves, moving averages and a 0–100 score.
What is iShares MSCI Brazil ETF
The iShares MSCI Brazil ETF is a financial instrument that tracks the performance of the Brazilian equity market by investing at least 80% of its assets in securities that compose the MSCI Brazil Index. The index measures large- and mid-capitalization companies listed in Brazil, weighted by market capitalization.
Description generated automatically from public sources; it may be inaccurate or out of date.
iShares MSCI Brazil ETF: latest session data
Closing values for October 16, 2026, computed on the last 12 months of prices.
Moving averages
21 sessions
39.86 $
+4.94%
50 sessions
37.66 $
+11.06%
200 sessions
36.74 $
+13.85%
Session levels
s2
40.80
Support
s1
41.19
Support
pivot
41.84
Pivot
r1
42.23
Resistance
r2
42.88
Resistance
How to read it
In the October 16, 2026 session iShares MSCI Brazil ETF closed higher at 41.83 $, +0.60% versus the previous session.
The price sits above every moving average observed: +4.94% against the 21-session average, +11.06% against the 50 and +13.85% against the 200.
The 14-period RSI reads 61.7, in neutral territory.
MACD stands at 1.484 against a signal line at 1.385: the histogram is positive (+0.098).
ADX reads 30.9, indicating a marked directionality.
Levels computed on the latest session place supports at 41.19 and 40.80 $ and resistances at 42.23 and 42.88 $, around a pivot of 41.84.
The average daily range (ATR) is 1.012 $, or 2.42% of price.
Turnover was 52.5M shares, 113% of the 20-session average.
Over the last twelve months the price ranged between 33.21 and 43.90 $, and today stands −4.72% from the period high.
Measures computed on closing prices. They describe the past; they are not forecasts.
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How Montbon’s technical analysis works
Montbon analyses markets with Elliott Waves, multi-timeframe moving averages and a 0–100 score summarising the technical setup. It is an informational screening tool.
Elliott Waves
Wave counting to frame the price structure.
MTF moving averages
Moving averages across timeframes to read the trend.
0–100 score
A technical summary of the setup, updated daily.
FAQ about iShares MSCI Brazil ETF
How is iShares MSCI Brazil ETF analysed technically?
Technical analysis of iShares MSCI Brazil ETF is based on price charts and indicators such as moving averages, RSI and MACD, to observe trend, momentum and volatility across different time horizons.
Which timeframes are used for iShares MSCI Brazil ETF?
The daily and weekly charts are typically used for medium-to-long-term trends, while intraday charts (for example 1-hour or 15-minute) are used for short-term movements.
What are Elliott Waves applied to iShares MSCI Brazil ETF?
Elliott Wave theory describes price moves as sequences of impulsive and corrective waves; applied to iShares MSCI Brazil ETF it helps frame the technical structure of the historical chart and is not a forecast.
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