Xtrackers MSCI China A Inclusion Equity ETF (ASHX) Technical Analysis
NYSEARCA:ASHX • US2330515238
Current stock price
ASHX Technical Rating and Analysis
Overall ASHX gets a technical rating of 4 out of 10. Recently some decent action could be observed, but in the medium term time frame this is still negative. ASHX was also a bad performer in the overall market in the last year.
- 76% of all other stocks performed better in the past year than ASHX.
- ASHX is currently trading in the lower part of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so ASHX is lagging the market.
- Warning: ASHX has an average volume of 3816 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
- ASHX is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.
- Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
- The long term trend is still negative, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
ASHX Weekly and Daily overview Charts
ASHX Setup Rating and Analysis
ASHX has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. A pullback is taking place, which may present a nice opportunity for an entry. There is a support zone below the current price at 18.44, a Stop Loss order could be placed below this zone.
More info and screens
ASHX Support and Resistance Analysis
17.98
We found 1 important support area.
- A support zone ranging from 18.16 to 18.44. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 18.49 to 18.62. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
ASHX Technical Indicator Signal Analysis
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 | DOWN | NEGATIVE | The long term trend for ASHX is down. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for ASHX is up. |
| ChartMill Relative Strength | 24.55 | NEGATIVE | ASHX has a low relative strength, it was outperformed by 75.45% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of ASHX is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of ASHX is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of ASHX is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 58.6 | NEUTRAL | The RSI value for ASHX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests ASHX has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 72.33 | NEUTRAL | The Stochastics value for ASHX is a neutral value. |
| Average True Range in percent/ATR (20) | 0.91 | LOW VOLATILITY | The low ATR as a percentage value for ASHX suggests low volalility. |
| Average Directional Index/ADX (14) | 18.04 | NEGATIVE | The low ADX value for ASHX suggests a weak or negative trend. |
ASHX Chart- and CandleStick Pattern Analysis
ASHX Technicals: Chart, Performance Metrics, Trend & Indicators
Xtrackers MSCI China A Inclusion Equity ETF
NYSEARCA:ASHX (3/13/2024, 4:10:00 PM)
18.4548
+0.01 (+0.03%)
Xtrackers MSCI China A Inclusion Equity ETF / ASHX TA FAQ
What is the technical rating for ASHX stock?
ChartMill assigns a technical rating of 4 / 10 to ASHX.
What is the trend direction for ASHX stock?
The current trend direction for Xtrackers MSCI China A Inclusion Equity ETF (ASHX) is Bearish.
What is the RSI signal for Xtrackers MSCI China A Inclusion Equity ETF (ASHX) stock?
Xtrackers MSCI China A Inclusion Equity ETF (ASHX) has an RSI value of 58.5984. This indicates that the stock is currently neutral.
What is the MACD signal for ASHX stock?
The MACD indicator for Xtrackers MSCI China A Inclusion Equity ETF (ASHX) has a value of 0.00834064, indicating a bearish trend.
What is the short term momentum for Xtrackers MSCI China A Inclusion Equity ETF (ASHX) stock?
The short term momentum for Xtrackers MSCI China A Inclusion Equity ETF (ASHX) is positive.