The iShares MSCI Brazil ETF gains 1.77%, but daily MACD histogram stays negative
Photo: The Cryptonomist
The iShares MSCI Brazil ETF retains a bullish daily structure, but momentum does not offer unanimous confirmation. EWZ stands above its daily exponential averages, while a negative daily MACD histogram and an overbought 15-minute RSI qualify the upside case. Key takeaways EWZ closed at $42.59 on Friday, October 23, 2026, up 1.77% from the prior close of $41.85. The daily 20-session EMA ($41.3), 50-session EMA ($39.31), and 200-session EMA ($36.48) all sit below price, supporting a bullish structure. The daily MACD line (1.22) is below its signal (1.33), producing a negative histogram of -0.11 .
Source: The Cryptonomist
