MEXICO FUND INC (MXF)
US5928351023
Taking everything into account, MXF scores 6 out of 10 in our technical rating. In the last year, MXF was an average performer in the market. There are positive signs in the very recent evolution, but the medium term picture is still mixed.
The long and short term trends are both positive. This is looking good!
MXF is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so MXF is lagging the market slightly.
In the last month MXF has a been trading in the 17.55 - 18.93 range, which is quite wide. It is currently trading near the high of this range.
When compared to the yearly performance of all other stocks, MXF outperforms 54% of them, which is more or less in line with the market.
MXF has only a medium technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 18.57, a Stop Loss order could be placed below this zone. Another positive sign is the recent Pocket Pivot signal.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
14.59
19.78
3 important support areas can be observed.
- A support zone ranging from 17.68 to 18.57. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @15.86 from a trend line in the weekly time frame.
- Support @14.74 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 19.58 to 19.58. This zone is formed by a combination of multiple trend lines in multiple time frames.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS54.29
Mansfield-0.61
10 Day High18.93
10 Day Low18.25
20 Day High18.93
20 Day Low17.55
52 Week High19.69
52 Week Low14.77
Performance
1 Week1.05%
2 Weeks3.01%
1 Month6.5%
3 Month0.16%
6 Month9.54%
12 Month14.68%
2 Year19.03%
3 Year23.56%
5 Year42.01%
10 Year-31.97%
15 Year11.68%
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Technical Indicators
MACD(12,26,9)0.08
RSI(14)60.29
LBB17.96
UBB18.94
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 18.94 | 18.24 | 0.70 (3.70%) | 25.00% |
| An entry @18.94. This is a Buy Stop order right above the 10 day high. | An exit @18.24. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 0.70 points, which is 3.70%. | For a 0.92% total portfolio risk, you can invest 25.00% of your capital in this trade. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
MEXICO FUND INC
NYSE:MXF (5/17/2024, 7:15:19 PM)
18.83
+0.12 (+0.64%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg0.64%
1 Week1.05%
2 Weeks3.01%
1 Month6.5%
3 Month0.16%
6 Month9.54%
12 Month14.68%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.26
ATR(20)%1.55%
ATR Inc
Range Today0.07
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High18.93
10 Day Low18.25
20 Day High18.93
20 Day Low17.55
52 Week High19.69
52 Week Low14.77
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume3.70K
Volume Incr9.88%
Vol(5)35.20K
Vol(50)31.53K