EWZ Golden Cross Trading: Maximizing Returns with IsShares MSCI Brazil ETF

Quantitative Strategies & Backtesting results for EWZ

Here are some EWZ trading strategies along with their past performance. You can validate these strategies (and many more) for free on Vestinda across thousands of assets and many years of historical data.

Quantitative Trading Strategy: Strategy for the long term portfolio on EWZ

Based on the backtesting results statistics for the trading strategy from November 2, 2016, to November 2, 2023, the performance of the strategy appears to be subpar. With a profit factor of 0.94, the strategy did not generate a significant profit compared to the initial investment. The annualized ROI was recorded at -0.53%, indicating a negative return on investment. On average, the holding time for trades was approximately 9 weeks and 1 day. With an average of only 0.05 trades per week, the activity level of the strategy was relatively low. Out of 19 closed trades, only 52.63% were successful, showing a moderate winning trades percentage. However, the strategy outperformed the buy and hold approach, generating excess returns of 11.41%.

Backtesting results

Nov 02, 2016

Nov 02, 2023

EWZ

ROI

-3.82%

End Capital

$

Profitable Trades

52.63%

Profit Factor

0.94

No trades were made during this period.

Try adjusting the interval OR Reset to initial period

No backtesting results found for selected period.

Choose another period and try again.

Invested amount

Drag handle or

Backtesting period

Reset

Drag handles or pick dates

Backtesting snapshot

The snapshot below does not reflect new Backtesting period results.

https://app.vestinda.com/share/b13273080559

Quantitative Trading Strategy: Follow the trend on EWZ

During the period from November 2, 2022, to November 2, 2023, the backtesting results of this trading strategy showed a profit factor of 0.51, indicating that for every dollar invested, only 51 cents were earned as a profit. The annualized ROI was -9.6%, suggesting a negative return on investment. On average, the holding time for trades was approximately 4 weeks and 5 days. The strategy executed an average of 0.09 trades per week, resulting in a total of 5 closed trades within the specified time frame. The return on investment matched the annualized ROI at -9.6%, and the winning trades percentage stood at 40%.

Backtesting results

Nov 02, 2022

Nov 02, 2023

EWZ

ROI

-9.6%

End Capital

$

Profitable Trades

40%

Profit Factor

0.51

No trades were made during this period.

Try adjusting the interval OR Reset to initial period

No backtesting results found for selected period.

Choose another period and try again.

Invested amount

Drag handle or

Backtesting period

Reset

Drag handles or pick dates

Backtesting snapshot

The snapshot below does not reflect new Backtesting period results.

https://app.vestinda.com/share/b1327276acb0

Mastering the Golden Cross Strategy for EWZ

1. Open a trading platform that provides technical analysis tools, like TradingView.
2. Search for the Ishares Msci Brazil Capped Etf (EWZ) on the platform.
3. Add the 50-day simple moving average (SMA) and the 200-day SMA indicators to the chart.
4. Wait for the 50-day SMA to cross above the 200-day SMA, creating a Golden Cross pattern.
5. Consider entering a buy position when the Golden Cross pattern occurs, indicating a bullish trend.
6. Set a stop-loss order below the recent swing low to manage potential losses.
7. Monitor the price action and consider exiting the position when the Golden Cross pattern becomes invalidated.

Volume's Role in Confirming EWZ Trading Signals

The role of volume is crucial in confirming signals in the world of investing. Volume refers to the number of shares or contracts traded in a particular security or market during a given time period. High volume often indicates strong market participation and can validate the significance of a price move. For instance, if a stock price increases on high volume, it suggests that a large number of buyers are actively placing trades, potentially signaling a bullish trend. On the other hand, if a price decline is accompanied by high volume, it may indicate that a large number of sellers are actively exiting their positions, suggesting a bearish trend. One example of this is seen in the EWZ, where a surge in volume during a price increase can help confirm a potential uptrend. Overall, analyzing volume is an essential tool for investors to validate and reinforce their trading decisions.

Spotting a Golden Cross on EWZ Charts

The Golden Cross is a popular chart pattern used by technical traders to identify bullish trends. It occurs when a shorter-term moving average crosses above a longer-term moving average. In the case of EWZ charts, the Golden Cross can provide insight into potential bullish movements in the Ishares Msci Brazil Capped Etf. Traders look for the 50-day moving average to cross above the 200-day moving average as a confirmation of a strong uptrend. This crossover signal is believed to indicate a shift in market sentiment and can be used as a buying opportunity for investors. However, it is important to consider other indicators and conduct further analysis before making any trading decisions based solely on the Golden Cross pattern.

Golden Cross Trading: A Primer for EWZ Investors

The Golden Cross is a popular trading strategy used by technical analysts to predict bullish market conditions. It is recognized when a short-term moving average crosses above a long-term moving average. This formation indicates a potential upward trend and encourages traders to buy. One such example is the 50-day moving average crossing over the 200-day moving average. By capturing these upward trends, traders aim to profit from bullish market conditions. The Golden Cross is often used in various markets, including stocks, commodities, and exchange-traded funds (ETFs). As an illustration, the Golden Cross pattern was identified on the EWZ chart in March 2021, signaling a potential bullish trend in the Ishares Msci Brazil Capped ETF. Traders often combine this strategy with other indicators to confirm trends and optimize their trading decisions.

'EWZ Market Sentiment and GWZ Performance'

Market sentiment is a key factor in determining the performance of the EWZ. Investors' perceptions and feelings about the overall market conditions can greatly impact the demand for this ETF. When sentiment is positive, investors tend to be more willing to invest in riskier assets like the EWZ, which focuses on the Brazilian market. In these situations, the EWZ may experience increased buying pressure, driving up its price. Conversely, negative market sentiment can lead to selling pressure on the EWZ, causing its price to decline. Factors that can influence market sentiment include economic indicators, political events, and global economic conditions. It's important for investors to closely monitor market sentiment to make informed decisions about investing in the EWZ.

Backtest EWZ & Stocks, Forex, Indices, ETFs, Commodities

• 100,000 available assets ^New
• years of historical data
• practice without risking money

Turn backtesting data into 💲 Your winning strategy might be just a backtest away. 🤫