iShares MSCI Asia ex Japan Minimum Vol (AXJV) Stock Technical Analysis
USA - NYSEARCA:AXJV -
33.67
-0.13 (-0.38%)
Taking everything into account, AXJV scores 1 out of 10 in our technical rating. AXJV has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
AXJV is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
In the last month AXJV has a been trading in the 33.36 - 35.72 range, which is quite wide. It is currently trading near the lows of this range.
Warning: AXJV has an average volume of 2820 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
When comparing the performance of all stocks over the past year, AXJV turns out to be only a medium performer in the overall market: it outperformed 42% of all stocks.
Considerably lower volume is observed in the last couple of days.
Although the technical rating is bad, AXJV does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period.
More info and screens
32.36
37.06
We found 1 important support area.
- A support zone ranging from 32.69 to 32.69. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 33.87 to 36.03. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 36.69 to 36.69. 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 | DOWN | NEGATIVE | The long term trend for AXJV is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for AXJV is down. |
| ChartMill Relative Strength | 42.98 | NEUTRAL | AXJV is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of AXJV is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of AXJV is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of AXJV is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 36.44 | NEUTRAL | The RSI value for AXJV is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.03 | NEGATIVE | The MACD value suggests AXJV has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 24.74 | NEUTRAL | The Stochastics value for AXJV is a neutral value. |
| Average True Range in percent/ATR (20) | 0.96 | LOW VOLATILITY | The low ATR as a percentage value for AXJV suggests low volalility. |
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)
iShares MSCI Asia ex Japan Minimum Vol
NYSEARCA:AXJV (8/20/2019, 8:05:21 PM)
33.67
-0.13 (-0.38%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-0.38%
1 Week-0.93%
2 Weeks-0.03%
1 Month-5.8%
3 Month-3.07%
6 Month-6.03%
12 Month-5.82%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.39
ATR(20)%0.96%
ATR Inc-59.09%
Range Today0.04
ADR(20)N/A
ADR(20)%N/A
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS42.98
Mansfield-0.68
10 Day High34.32
10 Day Low33.46
20 Day High35.72
20 Day Low33.36
52 Week High36.69
52 Week Low32.7
CS1 End32.69
CR1 Start33.87
Volume & EV
DER(3)0%
DER(5)0%
Volume600
Volume Incr-64.29%
Vol(5)300
Vol(50)2.82K