iShares MSCI Brazil ETF (EWZ)

iShares MSCI Brazil ETF is trading at $32.46, down 2.05% on the session. The 50 day average sits at $38.47 and the 200 day at $37.20, which puts the stock in a uptrend. RSI is at 29.3, which reads as oversold, and MACD is bearish crossover. Volume is above average.

The nearest support is around $33.44 with resistance near $38.39, so that band frames the current range. Average daily movement is roughly $1.63, or about 5.0% of the share price, which is what any stop placement has to allow for. The overall health score of 42 out of 100 combines a trend score of 49, momentum of 34 and a risk score of 40.

The fund generally will invest at least 80% of its assets in the component securities of its underlying index and in investments that have economic characteristics that are substantially identical to the component securities of its underlying index. The index is a free float-adjusted market capitalization-weighted index designed to measure the performance of the large- and mid- capitalization segments of the equity market in Brazil. The fund is non-diversified.