VanEck Brazil Small-Cap ETF (BRF, $12.99) entered Downtrend as Momentum indicator drops below 0 level on Apr 02, 2025

@LatinAmericaStock, #TechnicalAnalysis, #Momentum, #Bearish, #ETFs
BRF - VanEck Brazil Small-Cap ETF
Momentum signal
Bearish Trend
89%
Odds of DOWN Trend
Price: $12.99
Daily change: +$0.04 (+0.33%)
Daily volume: 3.2K
Net Assets: $16.8M

This indicator may be signaling that BRF's price has further to drop, since it fell below its price logged 14 days ago. Traders may consider selling the stock, shorting the stock, or exploring put options. A.I.dvisor backtested 91 similar cases where BRF's Momentum Indicator fell below the 0 level, and 81 of them led to a successful outcome. Odds of Success: 89%.