Taking everything into account, ASHR scores 5 out of 10 in our technical rating. In the last year, ASHR was a medium performer in the overall market. The medium term is still looking fine, but we see some doubts in the very recent evolution.
ASHR has an average technical rating and it also does not offer a high quality setup 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.
28.43
3 important support areas can be observed.
We can see 2 important resistance areas.
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 ASHR is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for ASHR is neutral. |
| ChartMill Relative Strength | 73.55 | POSITIVE | ASHR has a high relative strength, it outperformed 73.55% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of ASHR is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of ASHR is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of ASHR is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 43.24 | NEUTRAL | The RSI value for ASHR is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.03 | NEGATIVE | The MACD value suggests ASHR has a negative trend. |
| Stochastics (14,3) | 43.98 | NEUTRAL | The Stochastics value for ASHR is a neutral value. |
| Average True Range in percent/ATR (20) | 1 | LOW VOLATILITY | The low ATR as a percentage value for ASHR suggests low volalility. |
| Average Directional Index/ADX (14) | 9.21 | NEGATIVE | The low ADX value for ASHR suggests a weak or negative trend. |
32.34
-0.63 (-1.91%)
ChartMill assigns a technical rating of 5 / 10 to ASHR.
The current trend direction for XTRACKERS HARVEST CSI 300 CH (ASHR) is Bullish.
XTRACKERS HARVEST CSI 300 CH (ASHR) has an RSI value of 43.241. This indicates that the stock is currently neutral.
XTRACKERS HARVEST CSI 300 CH (ASHR) has a support level at 32.3 and a resistance level at 32.59. Check the full technical report for our detailed analysis of ASHR support and resistance levels.