MSCI Brazil IndexEWZ

MSCI Brazil Index (EWZ) chart patterns, support & resistance & technical analysis

Auto-detected technical analysis for EWZ · data as of Sep 2, 2026. The chart above is live; the read below updates daily.

$37.38last close · Sep 2, 202652-week range $28.66 – $42.02 · 11.04% below the high

EWZ rising wedge pattern

EWZ is currently forming a rising wedge on the daily timeframe. Detected Sep 2, 2026.

A rising wedge is a breakdown that suggests the recent run may be rolling over. A breakout projects a measured-move target near $34.23 (−5.6%).

DirectionBearishTarget$34.23Projected move−5.6%Breakout level$36.12

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

EWZ's most recent triangle trade

EWZ's most recent completed triangle resolved as a win: it broke higher on Sep 1, 2026 near $36.76, then reached its target at $42.08 on Oct 16, 2026 — a 14.5% move (+3.01R) over 32 sessions. Across 174,480 backtested triangles, this setup wins 40.9% of the time.

OutcomeWinResult+14.5%R+3.01REntry$36.76Exit$42.08

Learn about triangle

EWZ pattern trade history

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

PatternEntryExitOutcomeResult
TriangleSep 1, 2026 @ $36.76Oct 16, 2026 @ $42.08Win+7.5% · +3.01R
Rising wedgeAug 7, 2026 @ $35.37Aug 11, 2026 @ $34.59Win+2.2% · +0.53R
Rising wedgeJul 22, 2026 @ $36.54Aug 11, 2026 @ $35.06Loss+4.2% · -1.18R
TriangleJul 9, 2026 @ $34.87Jul 20, 2026 @ $35.40Win+3.2% · +0.79R
Falling wedgeJun 11, 2026 @ $34.12Jul 20, 2026 @ $35.40Win+5.2% · +2.39R
Falling wedgeJun 2, 2026 @ $35.86Jun 3, 2026 @ $35.01Loss+5.0% · -2.31R
Rising wedgeMay 12, 2026 @ $38.19Oct 5, 2026 @ $42.78Loss+13.4% · -2.48R
Falling wedgeMar 25, 2026 @ $37.56Apr 22, 2026 @ $41.27Win+6.2% · +2.24R
TriangleMar 5, 2026 @ $36.69Mar 20, 2026 @ $35.19Win+4.1% · +0.50R
Rising wedgeMar 3, 2026 @ $36.56Mar 3, 2026 @ $35.85Win+4.1% · +0.23R
Rising wedgeMar 2, 2026 @ $37.93Apr 8, 2026 @ $40.03Loss+11.3% · -1.20R
Falling wedgeJan 5, 2026 @ $32.77Feb 5, 2026 @ $37.21Win+9.7% · +4.15R

Rising wedge examples on other charts

Historical examples from the published simulation. This selection is not a win-rate sample.

Learn about rising wedge

EWZ support and resistance levels

Price is bouncing off a floor near $34.74 and starting to climb. On the weekly chart, the next ceiling overhead sits near $42.65 — about 14% away.

  • Traders commonly watch $42.65 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 $34.74 floor about a week ago, 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
Sep 2, 2026$37.04$37.40$36.95$37.38
Sep 1, 2026$36.10$36.98$36.07$36.57
Aug 31, 2026$36.18$36.34$35.80$36.03
Aug 28, 2026$35.69$35.70$35.00$35.55
Aug 27, 2026$35.63$35.79$35.36$35.76
Aug 26, 2026$35.98$36.12$35.69$35.72
Aug 25, 2026$35.30$35.90$34.98$35.88
Aug 24, 2026$34.66$35.56$34.64$35.17
Aug 21, 2026$34.44$35.28$34.44$35.06
Aug 20, 2026$34.17$34.61$34.06$34.14

EWZ frequently asked questions

What chart pattern is EWZ forming right now?
As of Sep 2, 2026, TradingPal's detector identifies a rising wedge on MSCI Brazil Index (EWZ) on the daily chart, with a measured-move target of $34.23.
Is a rising wedge bullish or bearish?
The rising wedge detected on EWZ is a bearish pattern, projecting a measured-move target of $34.23. See its full backtested track record above — that's the real edge, not the textbook label.
What is the price target if EWZ's pattern breaks out?
The detected rising wedge has a geometry-based measured-move target of $34.23 (pattern height projected from the breakout). This is a technical target, not a recommendation.
What was EWZ's closing price on Sep 2, 2026?
MSCI Brazil Index (EWZ) last closed at $37.38 on Sep 2, 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.