XTRACKERS HARVEST CSI 300 CH (ASHR) Stock Technical Analysis
USA - NYSEARCA:ASHR - US2330518794 - ETF
We assign a technical rating of 8 out of 10 to ASHR. This is due to a consistent overall performance, although we see some doubts in the very recent evolution. In the medium time frame things are still looking good.
Although ASHR has an excellent technical rating, it does not present a decent entry opportunity at the moment. Prices have been extended to the downside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
27.87
We found 2 important support areas.
- A support zone ranging from 30.87 to 32.41. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @28.15 from a trend line in the weekly time frame.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 32.79 to 33.17. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @33.93 from a horizontal line in the daily time frame.
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 | 80.37 | POSITIVE | ASHR has a high relative strength, it outperformed 80.37% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of ASHR is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of ASHR is above the rising 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) | 48.15 | NEUTRAL | The RSI value for ASHR is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.05 | NEGATIVE | The MACD value suggests ASHR has a negative trend. |
| Stochastics (14,3) | 43.69 | NEUTRAL | The Stochastics value for ASHR is a neutral value. |
| Average True Range in percent/ATR (20) | 1.42 | LOW VOLATILITY | The low ATR as a percentage value for ASHR suggests low volalility. |
| Average Directional Index/ADX (14) | 15.59 | NEGATIVE | The low ADX value for ASHR suggests a weak or negative trend. |
32.59
-0.41 (-1.24%)
XTRACKERS HARVEST CSI 300 CH / ASHR FAQ
Can you provide the ChartMill technical rating for XTRACKERS HARVEST CSI 300 CH?
ChartMill assigns a technical rating of 8 / 10 to ASHR.
What is the current trend direction of XTRACKERS HARVEST CSI 300 CH (ASHR) stock?
The current trend direction for XTRACKERS HARVEST CSI 300 CH (ASHR) is Bullish.
Can you provide the RSI signal for XTRACKERS HARVEST CSI 300 CH?
XTRACKERS HARVEST CSI 300 CH (ASHR) has an RSI value of 48.1491. This indicates that the stock is currently neutral.
Can you provide the support and resistance levels for XTRACKERS HARVEST CSI 300 CH?
XTRACKERS HARVEST CSI 300 CH (ASHR) has a support level at 32.41 and a resistance level at 32.79. Check the full technical report for our detailed analysis of ASHR support and resistance levels.