ISHARES MSCI ALL COUNTRY ASI (AAXJ) Stock Technical Analysis
USA - NASDAQ:AAXJ - US4642881829 - ETF
93.08 USD
+0.2 (+0.22%)
93.08 USD
0 (0%)
We assign a technical rating of 8 out of 10 to AAXJ. Although AAXJ is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
Both the short term and long term trends are positive. This is a very positive sign.
A new 52 week high is currently being made by AAXJ, which is a very good signal! However, this is in line with the S&P500, which is also trading near new highs.
In the last month AAXJ has a been trading in the 87.36 - 93.37 range, which is quite wide. It is currently trading near the high of this range.
Looking at the yearly performance, AAXJ did better than 73% of all other stocks. However, this overall performance is mostly based on the strong move around 4 months ago.
Volume is considerably higher in the last couple of days.
Although AAXJ has an excellent technical rating, it does not offer a high quality setup at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
69.29
94.02
When analyzing the support we can see 4 important areas.
- A support zone ranging from 90.06 to 91.45. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @82.90 from a horizontal line in the daily time frame.
- Support @71.25 from a trend line in the weekly time frame.
- Support @69.99 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 93.09 to 93.09. This zone is formed by a combination of multiple trend lines 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 | UP | POSITIVE | The short term trend for AAXJ is up. |
| ChartMill Relative Strength | 73.12 | POSITIVE | AAXJ has a high relative strength, it outperformed 73.12% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of AAXJ is above 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) | 73.03 | OVERBOUGHT | The high RSI value suggests AAXJ may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.04 | POSITIVE | The MACD value suggests AAXJ has a positive trend. |
| Stochastics (14,3) | 91.49 | OVERBOUGHT | The high Stochastics value suggests AAXJ may be overbought. |
| Average True Range in percent/ATR (20) | 0.86 | LOW VOLATILITY | The low ATR as a percentage value for AAXJ suggests low volalility. |
| Average Directional Index/ADX (14) | 32.77 | POSITIVE | The high ADX value value for AAXJ suggests a strong 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)
93.08
+0.2 (+0.22%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg0.22%
1 Week3.35%
2 Weeks2.16%
1 Month7.07%
3 Month11.65%
6 Month35.11%
12 Month14.84%
2 Year51.57%
3 Year67.68%
5 Year18.42%
10 Year64.77%
15 Year49.43%
Volatility
ATR(14)0.78
ATR(20)%0.86%
ATR Inc8.16%
Range Today0.57
ADR(20)0.53
ADR(20)%0.57%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS73.12
Mansfield0.64
10 Day High93.37
10 Day Low89.49
20 Day High93.37
20 Day Low87.36
52 Week High93.37
52 Week Low64.33
CS1 End91.45
CR1 Start93.09
Volume & EV
DER(3)1.63%
DER(5)-0.16%
Volume664.30K
Volume Incr51.19%
Vol(5)645.50K
Vol(50)465.61K