iShares South Africa ETF (EZA) rated buy for strong value and technicals, with potential breakout above $72-$74.

The iShares South Africa ETF (EZA) is recommended as a buy due to attractive valuation metrics, including a price-to-earnings ratio under 8, a PEG ratio below 1, and a dividend yield exceeding 7%. The ETF's exposure to Financials and Materials sectors, combined with a seasonal strength from November to January, supports a bullish outlook. Key resistance is identified at $72-$74, and a breakout above this range could push prices into the mid-$80s after a period of consolidation. This setup suggests potential for significant gains in the near term.

The iShares MSCI South Africa ETF (EZA) has a market cap of $472.12 million and a trading volume of 181,381 shares on Pluang as of November 9, 2026, 14:41 WIB. The ETF's price is currently $67.06, up 2.29% for the day, reflecting active investor interest. Typical holding time on Pluang is 87 days, indicating moderate-term investor engagement in this South Africa-focused ETF.