ISHARES MSCI ALL COUNTRY ASI (AAXJ) Stock Technical Analysis
NASDAQ:AAXJ - Nasdaq - US4642881829 - ETF - Currency: USD
Taking everything into account, AAXJ scores 9 out of 10 in our technical rating. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, AAXJ is showing a nice and steady performance.
The long term trend is positive and the short term trend is neutral. The long term trend may just continue or reversal may be around the corner!
Looking at the yearly performance, AAXJ did better than 74% of all other stocks. We also observe that the gains produced by AAXJ over the past year are nicely spread over this period.
AAXJ is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
In the last month AAXJ has a been trading in a tight range between 82.25 and 86.09.
Although AAXJ has an excellent technical rating, the quality of the presented setup is not ideal at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
69.29
86.93
4 important support areas can be observed.
- A support zone ranging from 81.54 to 82.90. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @76.86 from a horizontal line in the daily time frame.
- Support @73.44 from a horizontal line in the daily time frame.
- A support zone ranging from 69.99 to 70.72. This zone is formed by a combination of multiple trend lines in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 84.22 to 86.07. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | UP | POSITIVE | The long term trend for AAXJ is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for AAXJ is neutral. |
| ChartMill Relative Strength | 74.16 | POSITIVE | AAXJ has a high relative strength, it outperformed 74.16% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of AAXJ is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of AAXJ is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of AAXJ is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 54.13 | NEUTRAL | The RSI value for AAXJ is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.31 | NEGATIVE | The MACD value suggests AAXJ has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 29.87 | NEUTRAL | The Stochastics value for AAXJ is a neutral value. |
| Average True Range in percent/ATR (20) | 0.82 | LOW VOLATILITY | The low ATR as a percentage value for AAXJ suggests low volalility. |
| Average Directional Index/ADX (14) | 19.64 | NEGATIVE | The low ADX value for AAXJ suggests a weak or negative trend. |
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)
84.08
+0.28 (+0.33%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg0.33%
1 Week-1.08%
2 Weeks-1.31%
1 Month1.78%
3 Month10.6%
6 Month14.71%
12 Month19.04%
2 Year28.21%
3 Year25.57%
5 Year8.13%
10 Year57.63%
15 Year54.47%
Volatility
ATR(14)0.74
ATR(20)%0.82%
ATR Inc13.55%
Range Today0.52
ADR(20)0.53
ADR(20)%0.63%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS74.16
Mansfield0.28
10 Day High86.09
10 Day Low82.53
20 Day High86.09
20 Day Low82.25
52 Week High86.09
52 Week Low64.33
CS1 End82.9
CR1 Start84.22
Volume & EV
DER(3)-0.51%
DER(5)-2.15%
Volume360.60K
Volume Incr34.61%
Vol(5)747.72K
Vol(50)579.56K