BRF Stock Summary and Trading Ideas (Vaneck Brazil Small-Cap ETF | ARCA:BRF)

VanEck Brazil Small-Cap ETF (BRF) seeks to replicate as closely as possible, before fees and expenses, the price and yield performance of the MVIS Brazil Small-Cap Index (MVBRFTR), which includes securities of small capitalization companies that are incorporated in Brazil or that are incorporated outside of Brazil but have at least 50% of their revenues/related assets in Brazil.

Vaneck Brazil Small-Cap ETF trades on the ARCA stock market under the symbol BRF.

As of April 18, 2024, BRF stock price declined to $14.60 with 19,971 million shares trading.

BRF has a market cap of $24.09 million. This is considered a Sub-Micro Cap stock.

In the last 3 years, BRF stock traded as high as $25.75 and as low as $12.13.

BRF has underperformed the market in the last year with a price return of +9.3% while the SPY ETF gained +22.3%. BRF has also underperformed the stock market ETF in the last 3 month and 2 week periods returning -11.2% and -10.6%, respectively, while the SPY returned +6.1% and -3.8%, respectively.

BRF support price is $14.47 and resistance is $15.01 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that BRF stock will trade within this expected range on the day.