GLOBAL X MSCI CHINA CONSUMER (CHIQ) Stock Technical Analysis
NYSEARCA:CHIQ - NYSE Arca - US37950E4089 - ETF - Currency: USD
We assign a technical rating of 2 out of 10 to CHIQ. 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.
The long term trend is neutral, but the short term trend is negative. Better to stay away from this!
When comparing the yearly performance of all stocks, we notice that CHIQ is one of the better performing stocks in the market, outperforming 74% of all stocks. However, this overall performance is mostly based on the strong move around 10 months ago.
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.
In the last month CHIQ has a been trading in the 20.68 - 22.46 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
The technical rating of CHIQ 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
17.70
24.30
3 important support areas can be observed.
- A support zone ranging from 20.60 to 20.78. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @19.74 from a horizontal line in the weekly time frame.
- A support zone ranging from 17.88 to 18.11. This zone is formed by a combination of multiple trend lines in the daily time frame.
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 21.32 to 21.68. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 22.24 to 22.52. This zone is formed by a combination of multiple trend lines in the daily time frame.
- A resistance zone ranging from 23.89 to 24.06. 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 | 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 | 74.78 | POSITIVE | CHIQ has a high relative strength, it outperformed 74.78% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of CHIQ is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of CHIQ is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of CHIQ is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 44.29 | NEUTRAL | The RSI value for CHIQ is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.1 | NEGATIVE | The MACD value suggests CHIQ has a negative trend. |
| Stochastics (14,3) | 18.7 | OVERSOLD | The low Stochastics value suggests CHIQ may be oversold. |
| Average True Range in percent/ATR (20) | 1.51 | LOW VOLATILITY | The low ATR as a percentage value for CHIQ suggests low volalility. |
| Average Directional Index/ADX (14) | 15.24 | 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 (8/5/2025, 6:40:02 PM)
21.19
-0.08 (-0.38%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-0.38%
1 Week-2.98%
2 Weeks-4.89%
1 Month0.14%
3 Month-1.85%
6 Month2.66%
12 Month32.27%
2 Year9.62%
3 Year-0.38%
5 Year-21.31%
10 Year82.36%
15 Year18.45%
Volatility
ATR(14)0.32
ATR(20)%1.51%
ATR Inc1.14%
Range Today0.24
ADR(20)0.25
ADR(20)%1.19%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS74.78
Mansfield-0.35
10 Day High22.46
10 Day Low20.82
20 Day High22.46
20 Day Low20.68
52 Week High25
52 Week Low15.44
CS1 End20.78
CR1 Start21.32
Volume & EV
DER(3)5.83%
DER(5)2.99%
Volume30.25K
Volume Incr-45.48%
Vol(5)43.15K
Vol(50)66.12K