ICBCCS S&P CHINA 500 UCT ETF (CHIN.MI) Stock Technical Analysis
BIT:CHIN - Euronext Milan - IE0001QF56M0 - ETF - Currency: EUR
Overall CHIN gets a technical rating of 6 out of 10. In the last year, CHIN was a below average performer in the market. There are positive signs in the very recent evolution, but the medium term picture is still mixed.
When comparing the yearly performance of all stocks, CHIN is a bad performer in the overall market: 78% of all stocks are doing better.
Warning: CHIN has an average volume of 5097 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
The long and short term trends are both positive. This is looking good!
CHIN is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so CHIN is lagging the market slightly.
In the last month CHIN has a been trading in the 9.76 - 12.44 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Considerably lower volume is observed in the last couple of days.
Although the technical rating is only medium, CHIN does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 11.56. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 11.17, a Stop Loss order could be placed below this zone.
More info and screens
9.96
13.51
When analyzing the support we can see 3 important areas.
- A support zone ranging from 10.97 to 11.17. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 10.42 to 10.52. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 10.06 to 10.10. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 4 important areas.
- A resistance zone ranging from 11.56 to 11.70. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 12.20 to 12.29. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @12.58 from a horizontal line in the weekly time frame.
- Resistance @13.38 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 CHIN.MI is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for CHIN.MI is up. |
| ChartMill Relative Strength | 22.92 | NEGATIVE | CHIN.MI has a low relative strength, it was outperformed by 77.08% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of CHIN.MI is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of CHIN.MI is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of CHIN.MI is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 52.47 | NEUTRAL | The RSI value for CHIN.MI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.02 | POSITIVE | The MACD value suggests CHIN.MI has a positive trend. |
| Stochastics (14,3) | 58.63 | NEUTRAL | The Stochastics value for CHIN.MI is a neutral value. |
| Average True Range in percent/ATR (20) | 3.84 | MEDIUM VOLATILITY | The ATR as a percentage value for CHIN.MI suggests some volalility. |
| Average Directional Index/ADX (14) | 12.47 | NEGATIVE | The low ADX value for CHIN.MI suggests a weak or negative trend. |
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)
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 11.71 | 10.96 | 0.75 (6.40%) | 15.61% |
| An entry @11.71. This is a Buy Stop order right above the resistance zone. | An exit @10.96. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 0.75 points, which is 6.40%. | For a 1.00% total portfolio risk, you can invest 15.61% of your capital in this trade. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
BIT:CHIN (6/11/2025, 7:00:00 PM)
11.228
+0.04 (+0.34%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg0.34%
1 Week3.07%
2 Weeks11.12%
1 Month3.58%
3 Month0.23%
6 Month16.32%
12 Month-20.47%
2 Year7.61%
3 Year-5.63%
5 Year-8.64%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.45
ATR(20)%3.84%
ATR Inc-66.04%
Range Today0.16
ADR(20)0.17
ADR(20)%1.51%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS22.92
Mansfield-1.71
10 Day High11.57
10 Day Low10.46
20 Day High12.44
20 Day Low9.76
52 Week High14.82
52 Week Low8.5
CS1 End11.17
CR1 Start11.56
Volume & EV
DER(3)0%
DER(5)0%
Volume1.81K
Volume Incr-80.73%
Vol(5)1.27K
Vol(50)5.10K