MSCI Brazil Index(EWZ)

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

Auto-detected technical analysis for EWZ · data as of Jul 22, 2026. The chart above is live; the read below updates daily.

$36.62last close · Jul 22, 202652-week range $26.30 – $42.02 · 12.85% below the high

EWZ Falling Wedge Pattern

EWZ is currently forming a falling wedge on the daily timeframe. Detected Jul 22, 2026.

A falling wedge is a brief, tidy pause that typically continues the move higher. A breakout projects a measured-move target near $39.87 (+9.9%). Across 10,683 backtested falling wedges, the setup followed through 56.4% of the time, averaging +0.52R; EWZ's own falling wedges have hit 71.4%.

DirectionBullishTarget$39.87Projected move+9.9%Breakout level$36.30

New to this pattern? What a falling wedge is and how to trade it →

EWZ's Most Recent Falling Wedge Trade

EWZ's most recent completed falling wedge resolved as a win: it broke higher on Mar 19, 2026 near $36.81, then reached its target at $40.79 on Apr 21, 2026 — a 10.8% move (+2.00R) over 22 sessions. Across 81 backtested falling wedges, this setup wins 61.7% of the time.

OutcomeWinResult+10.8%R+2.00REntry$36.81Exit$40.79

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How Falling Wedges Have Performed

Win rate
56.4%
Avg return
+0.52R
Backtested trades
10,683
EWZ win rate
71.4%

Historical pattern statistics (1987-01-30 – 2026-07-17), not a prediction.

How these backtests work →

EWZ Pattern Trade History

Every completed pattern trade our nightly backtest found on EWZ's daily chart, newest first — wins and losses alike.

PatternEntryExitOutcomeResult
Falling WedgeMar 19, 2026 @ $36.81Apr 21, 2026 @ $40.79Win+9.9% · +2.00R
Rising WedgeMar 2, 2026 @ $37.93Mar 3, 2026 @ $35.96Win+6.0% · +1.12R
TriangleJun 30, 2025 @ $28.37Jul 14, 2025 @ $27.31Loss+7.1% · -1.15R
Rising WedgeMay 21, 2025 @ $28.00Jun 30, 2025 @ $28.85Loss+15.4% · -1.89R
Falling WedgeNov 6, 2024 @ $28.27Nov 21, 2024 @ $26.92Loss+6.0% · -1.01R
Falling WedgeOct 9, 2024 @ $28.52Nov 1, 2024 @ $27.32Win+5.6% · +0.71R
TriangleAug 12, 2024 @ $29.47Nov 29, 2024 @ $25.52Loss+10.3% · -1.22R
Rising WedgeNov 10, 2022 @ $30.30Dec 13, 2022 @ $27.48Win+14.7% · +0.66R
TriangleOct 25, 2022 @ $31.52Dec 13, 2022 @ $27.99Win+14.4% · +1.23R
Falling WedgeDec 7, 2021 @ $30.65Dec 14, 2021 @ $28.14Loss+14.8% · -1.10R
Falling WedgeAug 13, 2021 @ $36.78Sep 17, 2021 @ $33.57Win+9.0% · +1.03R
TriangleJul 30, 2021 @ $38.01Aug 19, 2021 @ $34.66Win+9.5% · +1.79R

Recent Falling Wedges on Other Charts

ALNYhit target +18.8%Jul 22, 2026BAstopped −7.9%Jul 21, 2026BDXhit target +2.8%Jul 21, 2026HIIhit target +13.1%Jul 21, 2026

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EWZ Support and Resistance Levels

Price is bouncing off a floor near $35.04 and starting to climb. On the weekly chart, the next ceiling overhead sits near $42.42 — about 16% away.

  • Traders commonly watch $42.42 as a target (its 78.6% extension) — think of it as a sensible next stop, not a guarantee.
  • That ceiling is the first place the climb might pause — worth watching how price behaves as it gets there.
  • There's nothing to act on here — the spot to watch was the $35.04 floor just now, when price bounced there, but price has already pulled higher. What's left is the climb playing out, not a fresh starting point.

EWZ Recent Daily Prices

DateOpenHighLowClose
Jul 22, 2026$36.00$36.65$36.00$36.62
Jul 21, 2026$35.49$35.67$35.29$35.62
Jul 20, 2026$35.40$35.66$35.30$35.48
Jul 17, 2026$35.08$35.40$34.97$35.23
Jul 16, 2026$35.59$35.65$35.24$35.33
Jul 15, 2026$36.01$36.07$35.74$35.88
Jul 14, 2026$35.92$36.25$35.85$36.03
Jul 13, 2026$35.82$35.91$35.38$35.39
Jul 10, 2026$35.60$35.99$35.56$35.93
Jul 9, 2026$34.48$35.07$34.37$34.96

EWZ Frequently Asked Questions

What chart pattern is EWZ forming right now?
As of Jul 22, 2026, TradingPal's detector identifies a falling wedge on MSCI Brazil Index (EWZ) on the daily chart, with a measured-move target of $39.87.
Is a falling wedge bullish or bearish?
The falling wedge detected on EWZ is a bullish pattern, projecting a measured-move target of $39.87. 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 (10,683 trades over 628 symbols), it resolved in the expected direction 56.4% of the time with an average of +0.52R. These are historical statistics, not a prediction.
What is the price target if EWZ's pattern breaks out?
The detected falling wedge has a geometry-based measured-move target of $39.87 (pattern height projected from the breakout). This is a technical target, not a recommendation.
What was EWZ's closing price on Jul 22, 2026?
MSCI Brazil Index (EWZ) last closed at $36.62 on Jul 22, 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.