EZA Stock Summary and Trading Ideas (iShares MSCI South Africa ETF | ARCA:EZA)

The iShares MSCI South Africa Index Fund seeks to provide investment results that correspond generally to the price and yield performance before fees and expenses of publicly traded securities in the South African equity market as measured by the MSCI South Africa 25/50 Index.

iShares MSCI South Africa ETF trades on the ARCA stock market under the symbol EZA.

As of April 19, 2024, EZA stock price climbed to $38.40 with 92,483 million shares trading.

EZA has a beta of 1.30, meaning it tends to be more sensitive to market movements. EZA has a correlation of 0.32 to the broad based SPY ETF.

EZA has a market cap of $253.44 million. This is considered a Small Cap stock.

In the last 3 years, EZA stock traded as high as $56.60 and as low as $35.63.

EZA has underperformed the market in the last year with a price return of -8.1% while the SPY ETF gained +21.2%. EZA has also underperformed the stock market ETF in the last 3 month and 2 week periods returning +0.8% and -4.6%, respectively, while the SPY returned +3.0% and -4.5%, respectively.

EZA support price is $37.70 and resistance is $38.82 (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 EZA stock will trade within this expected range on the day.