- IShares MSCI Brazil ETF bearish trend is facing a possible turning point at $26.94
- Upper Bollinger Band® currently at $74.03
IShares MSCI Brazil ETF's upper Bollinger Band® at $27.87, suggesting a further decline is forthcoming. Despite this, a convincing break of this target could pave the way for deeper losses.
Looking forward, iShares MSCI Brazil ETF is poised to extend its strong downtrend and continue declining.
Around $24.52, SPDR Bloomberg Barclays Short Term High Yield Bond ETF can look to establish a new bullish phase beyond its 200 day Simple Moving Average. SPDR Bloomberg Barclays Short Term High Yield Bond ETF is hovering above a known Fibonacci resistance level of $24.61. In contrast, it will be interesting to follow how SPDR Bloomberg Barclays Short Term High Yield Bond ETF's run now faces a challenge at $24.65, which is only 8 cents away.
Overall, looking at the technical analysis landscape, it seems SPDR Bloomberg Barclays Short Term High Yield Bond ETF might continue pointing upwards in the short term.
A study of iShares MSCI USA Min Vol Factor ETF's chart reveals various key levels to watch: iShares MSCI USA Min Vol Factor ETF's run now faces a challenge at $73.65, which is only 12 cents away from the line. Overcoming it might send the company towards their next major resistance line— this will surely be interesting to follow. Trend-following investors would be interested to note that iShares MSCI USA Min Vol Factor ETF's CCI indicator has broken above +100, indicating that prices are unusually high compared to the rolling average. Analysis based on the asset volatility indicates that iShares MSCI USA Min Vol Factor ETF's upper Bollinger Band® is at $74.03.
Overall, while iShares MSCI USA Min Vol Factor ETF has been on an uptrend, technical indicators suggest that it has no obvious direction for the immediate future.
Fundamental indicators – highly important Unemployment Rate data from United States beat analyst expectations of 3.6 with a reading of 3.5.