GLOBAL X MSCI CHINA CONSUMER (CHIQ) Stock Technical Analysis
NYSEARCA:CHIQ - NYSE Arca - US37950E4089 - ETF - Currency: USD
Taking everything into account, CHIQ scores 2 out of 10 in our technical rating. CHIQ 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.
In the last month CHIQ has a been trading in the 20.52 - 21.96 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
The long term trend is neutral, but the short term trend is negative. Better to stay away from this!
When compared to the yearly performance of all other stocks, CHIQ outperforms 60% of them, which is more or less in line with the market.
CHIQ is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so CHIQ is lagging the market.
Although the technical rating is bad, CHIQ does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 21.00. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 20.85, a Stop Loss order could be placed below this zone.
More info and screens
17.70
24.13
We found 2 important support areas.
- A support zone ranging from 20.40 to 20.85. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 17.88 to 17.94. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 4 important resistance areas.
- A resistance zone ranging from 21.00 to 21.82. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 22.52 to 22.52. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Resistance @23.37 from a trend line in the daily time frame.
- A resistance zone ranging from 23.89 to 23.89. This zone is formed by a combination of multiple trend lines in the weekly 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 | NEUTRAL | NEUTRAL | The long term trend for CHIQ is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for CHIQ is down. |
| ChartMill Relative Strength | 60.41 | NEUTRAL | CHIQ is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of CHIQ is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of CHIQ is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of CHIQ is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 44.11 | NEUTRAL | The RSI value for CHIQ is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.02 | NEGATIVE | The MACD value suggests CHIQ has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 27.08 | NEUTRAL | The Stochastics value for CHIQ is a neutral value. |
| Average True Range in percent/ATR (20) | 1.65 | LOW VOLATILITY | The low ATR as a percentage value for CHIQ suggests low volalility. |
| Average Directional Index/ADX (14) | 11.49 | NEGATIVE | The low ADX value for CHIQ 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)
NYSEARCA:CHIQ (7/11/2025, 8:04:02 PM)
20.9
+0.05 (+0.24%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg0.24%
1 Week-0.24%
2 Weeks-1.65%
1 Month-5.47%
3 Month3.52%
6 Month16.5%
12 Month18.68%
2 Year-3.37%
3 Year-0.38%
5 Year-12.88%
10 Year56.79%
15 Year20.53%
Volatility
ATR(14)0.31
ATR(20)%1.65%
ATR Inc-31.26%
Range Today0.14
ADR(20)0.25
ADR(20)%1.18%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS60.41
Mansfield-0.33
10 Day High21.29
10 Day Low20.68
20 Day High21.96
20 Day Low20.52
52 Week High25
52 Week Low15.32
CS1 End20.85
CR1 Start21
Volume & EV
DER(3)1.44%
DER(5)1.45%
Volume10.70K
Volume Incr92.7%
Vol(5)79.22K
Vol(50)64.38K