MSCI Brazil Index (EWZ) Chart Patterns, Support & Resistance & Technical Analysis

Auto-detected technical analysis for EWZ · data as of Jun 30, 2026. The chart above is live; the read below updates daily.

$34.50last close · Jun 30, 2026
Falling Wedge · playing out now

EWZ just broke higher out of a falling wedge — a brief, tidy pause inside a strong run. That's usually a breather before another push up.

On this chart, setups like it have followed through about 46% of the time.

As long as price stays above $33.60, the setup is intact — a daily close back below there is the cue to step away.

A natural first target sits near $36.77 — but moves like this often run further. The simple way to follow the rest is to stay with the 10-day average, and only step aside when a day closes below it.

EWZ falling wedge pattern

EWZ is currently forming a Falling Wedge on the daily timeframe. Detected Jun 30, 2026.

DirectionBullishTarget$36.77Projected move+7.6%Breakout level$34.21

How falling wedges have performed

Win rate
53.9%
Avg return
+0.38R
Backtested trades
13,048

Historical pattern statistics (1986-12-19 – 2026-06-10), not a prediction.

EWZ support and resistance levels

Price was turned away at a ceiling near $36.03 about 2 weeks ago and has been sliding since. On the weekly chart, the next floor below sits near $30.30 — still about 12% away.

  • Traders commonly watch $30.30 as a target (its 61.8% retracement) — think of it as a sensible next stop, not a guarantee.
  • That floor is the first place the slide might steady — worth watching how price behaves as it gets there.
  • There's nothing to act on here — the spot to watch was the $36.03 ceiling about 2 weeks ago, when price was turned away there, but price has already pulled lower. What's left is the slide playing out, not a fresh starting point.

Nearest auto-detected support sits near $30.08, resistance near $34.66. These are chart/swing-derived levels, not formula pivots.

Resistance
$34.66$34.97$35.95
Support
$30.08$30.01$23.05

EWZ recent daily prices

DateOpenHighLowClose
Jun 30, 2026$34.11$34.59$34.01$34.50
Jun 29, 2026$34.60$34.69$34.38$34.55
Jun 26, 2026$34.14$34.84$34.10$34.67
Jun 25, 2026$34.10$34.52$33.87$34.18
Jun 24, 2026$33.99$34.08$33.61$33.85
Jun 23, 2026$33.79$34.23$33.77$34.15
Jun 22, 2026$34.22$34.42$34.03$34.27
Jun 18, 2026$33.91$34.15$33.60$33.73
Jun 17, 2026$34.76$35.17$33.96$34.11
Jun 16, 2026$34.44$34.59$34.23$34.41

EWZ frequently asked questions

What chart pattern is EWZ forming right now?
As of Jun 30, 2026, TradingPal's detector identifies a Falling Wedge on MSCI Brazil Index (EWZ) on the daily chart, with a measured-move target of $36.77.
Is a Falling Wedge bullish or bearish?
The Falling Wedge detected on EWZ is a bullish pattern, projecting a measured-move target of $36.77. See its full backtested track record above — that's the real edge, not the textbook label.
How reliable is a Falling Wedge pattern, and what is its win rate?
Across TradingPal's backtest of the Falling Wedge family (13,048 trades over 516 symbols), it resolved in the expected direction 53.9% of the time with an average of +0.38R. These are historical statistics, not a prediction.
What are the support and resistance levels for EWZ?
Based on auto-detected, swing-derived levels (as of Jun 30, 2026), EWZ's nearest support is around $30.08 and nearest resistance around $34.66.
What is the price target if EWZ's pattern breaks out?
The detected Falling Wedge has a geometry-based measured-move target of $36.77 (pattern height projected from the breakout). This is a technical target, not a recommendation.
What was EWZ's closing price on Jun 30, 2026?
MSCI Brazil Index (EWZ) last closed at $34.50 on Jun 30, 2026. For the live quote, see the chart above or a real-time quote provider.

Technical analysis for informational purposes only — not investment advice. Auto-detected patterns and levels update daily; the chart above is live.

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