Global X Central Asia & Mongolia ETF (AZIA) Technical Analysis
NYSEARCA:AZIA
Current stock price
AZIA Technical Rating and Analysis
We assign a technical rating of 0 out of 10 to AZIA. AZIA scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
- The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
- When comparing the yearly performance of all stocks, AZIA is a bad performer in the overall market: 89% of all stocks are doing better.
- AZIA is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
- In the last month AZIA has a been trading in the 7.83 - 9.16 range, which is quite wide. It is currently trading near the lows of this range.
- Warning: AZIA has an average volume of 2938 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
AZIA Weekly and Daily overview Charts
AZIA Setup Rating and Analysis
The technical rating of AZIA is bad and it also does not present a 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.
More info and screens
AZIA Support and Resistance Analysis
8.27
When analyzing the resistance we notice 3 important areas.
- Resistance @8.66 from a trend line in the daily time frame.
- A resistance zone ranging from 8.85 to 9.02. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @9.17 from a horizontal line in the daily time frame.
AZIA 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 AZIA is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for AZIA is down. |
| ChartMill Relative Strength | 11.19 | NEGATIVE | AZIA has a low relative strength, it was outperformed by 88.81% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of AZIA is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of AZIA is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of AZIA is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 44.28 | NEUTRAL | The RSI value for AZIA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.04 | POSITIVE | The MACD value suggests AZIA has a positive trend. |
| Stochastics (14,3) | 40.13 | NEUTRAL | The Stochastics value for AZIA is a neutral value. |
| Average True Range in percent/ATR (20) | 2.11 | MEDIUM VOLATILITY | The ATR as a percentage value for AZIA suggests some volalility. |
AZIA Chart- and CandleStick Pattern Analysis
AZIA Technicals: Chart, Performance Metrics, Trend & Indicators
Global X Central Asia & Mongolia ETF
NYSEARCA:AZIA (10/8/2015, 7:56:35 PM)
8.35
-0.06 (-0.71%)
Global X Central Asia & Mongolia ETF / AZIA TA FAQ
What is the ChartMill technical rating of Global X Central Asia & Mongolia ETF (AZIA) stock?
ChartMill assigns a technical rating of 0 / 10 to AZIA.
What is the current trend direction of Global X Central Asia & Mongolia ETF (AZIA) stock?
The current trend direction for Global X Central Asia & Mongolia ETF (AZIA) is Bearish.
What is the RSI signal for AZIA stock?
Global X Central Asia & Mongolia ETF (AZIA) has an RSI value of 44.2792. This indicates that the stock is currently neutral.
What is the short term momentum for Global X Central Asia & Mongolia ETF (AZIA) stock?
The short term momentum for Global X Central Asia & Mongolia ETF (AZIA) is negative.
Can you provide the support and resistance levels for Global X Central Asia & Mongolia ETF?
Global X Central Asia & Mongolia ETF (AZIA) has a resistance level at 8.66. Check the full technical report for our detailed analysis of AZIA support and resistance levels.