Xtrackers MSCI All China Equity ETF (CN) Stock Technical Analysis
USA - NYSEARCA:CN - US2330517622 - ETF
23.67 USD
+0.01 (+0.02%)
Overall CN gets a technical rating of 2 out of 10. Recently some decent action could be observed, but in the medium term time frame this is still negative. CN was also a bad performer in the overall market in the last year.
79% of all other stocks performed better in the past year than CN.
CN 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.
Warning: CN has an average volume of 942 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
CN is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.
The long term trend is still negative, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
In the last month CN has a been trading in a tight range between 22.86 and 24.10.
CN has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. A pullback is taking place, which may present a nice opportunity for an entry.
More info and screens
21.38
28.00
We found 1 important support area.
- A support zone ranging from 21.60 to 21.60. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 5 important resistance areas.
- A resistance zone ranging from 23.75 to 24.43. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @25.02 from a trend line in the weekly time frame.
- Resistance @25.60 from a trend line in the daily time frame.
- Resistance @26.90 from a horizontal line in the daily time frame.
- Resistance @27.72 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 | DOWN | NEGATIVE | The long term trend for CN is down. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for CN is up. |
| ChartMill Relative Strength | 21.95 | NEGATIVE | CN has a low relative strength, it was outperformed by 78.05% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of CN is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of CN is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of CN is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 53.1 | NEUTRAL | The RSI value for CN is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.02 | NEGATIVE | The MACD value suggests CN has a negative trend. |
| Stochastics (14,3) | 27.16 | NEUTRAL | The Stochastics value for CN is a neutral value. |
| Average True Range in percent/ATR (20) | 0.94 | LOW VOLATILITY | The low ATR as a percentage value for CN suggests low volalility. |
| Average Directional Index/ADX (14) | 13.31 | NEGATIVE | The low ADX value for CN 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)
Xtrackers MSCI All China Equity ETF
NYSEARCA:CN (3/13/2024, 8:24:39 PM)
23.67
+0.01 (+0.02%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg0.02%
1 Week-0.85%
2 Weeks0.65%
1 Month4.27%
3 Month-1.37%
6 Month-11.62%
12 Month-18.25%
2 Year-27.45%
3 Year-47.16%
5 Year-32.17%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.2
ATR(20)%0.94%
ATR Inc-80.38%
Range Today0.04
ADR(20)0.04
ADR(20)%0.16%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS21.95
Mansfield-2.26
10 Day High24.05
10 Day Low23.63
20 Day High24.1
20 Day Low22.86
52 Week High30.47
52 Week Low21.55
CS1 End21.6
CR1 Start23.75
Volume & EV
DER(3)0%
DER(5)0%
Volume100
Volume Incr-18.14%
Vol(5)880
Vol(50)942