VANECK CHINEXT ETF (CNXT) Stock Technical Analysis
NYSEARCA:CNXT - NYSE Arca - US92189F6271 - ETF - Currency: USD
Overall CNXT gets a technical rating of 5 out of 10. CNXT has been a medium performer in the overall market. Some doubts are observed in the medium time frame, but recent action was very positive.
CNXT is currently trading in the lower part of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so CNXT is lagging the market.
Warning: CNXT has an average volume of 13388 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
The short term trend is positive, while the long term trend is neutral. So this is evolving in the right direction.
When compared to the yearly performance of all other stocks, CNXT outperforms 66% of them, which is more or less in line with the market.
CNXT is part of the Automobile Components industry. There are 81 other stocks in this industry, CNXT did better than 70% of them.
In the last month CNXT has a been trading in the 26.06 - 27.65 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
CNXT has an average technical rating and it also does not offer a high 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
19.49
30.25
We found 5 important support areas.
- A support zone ranging from 26.15 to 26.90. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @25.58 from a trend line in the weekly time frame.
- Support @24.60 from a horizontal line in the weekly time frame.
- Support @23.21 from a trend line in the daily time frame.
- Support @19.69 from a horizontal line in the weekly time frame.
3 important resistance areas can be observed.
- Resistance @27.26 from a trend line in the daily time frame.
- Resistance @28.11 from a horizontal line in the daily time frame.
- A resistance zone ranging from 29.95 to 29.95. 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 CNXT is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for CNXT is up. |
| ChartMill Relative Strength | 66.96 | NEUTRAL | CNXT is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of CNXT is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of CNXT is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of CNXT is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 56.89 | NEUTRAL | The RSI value for CNXT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.04 | POSITIVE | The MACD value suggests CNXT has a positive trend. |
| Stochastics (14,3) | 84.38 | OVERBOUGHT | The high Stochastics value suggests CNXT may be overbought. |
| Average True Range in percent/ATR (20) | 1.43 | LOW VOLATILITY | The low ATR as a percentage value for CNXT suggests low volalility. |
| Average Directional Index/ADX (14) | 14.58 | NEGATIVE | The low ADX value for CNXT 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:CNXT (6/6/2025, 4:10:03 PM)
27.24
-0.25 (-0.91%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryAutomobile Components
Performance
% Chg-0.91%
1 Week3.92%
2 Weeks1.03%
1 Month1.53%
3 Month-5.48%
6 Month-7.7%
12 Month19.85%
2 Year-3.7%
3 Year-30.69%
5 Year-23.65%
10 Year-42.6%
15 YearN/A
Volatility
ATR(14)0.35
ATR(20)%1.43%
ATR Inc28.72%
Range Today0.17
ADR(20)0.15
ADR(20)%0.56%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS66.96
Mansfield0.02
10 Day High27.57
10 Day Low26.06
20 Day High27.65
20 Day Low26.06
52 Week High46
52 Week Low19.91
CS1 End26.9
CR1 Start27.26
Volume & EV
DER(3)-1.14%
DER(5)-1.7%
Volume7.34K
Volume Incr6.28%
Vol(5)9.27K
Vol(50)13.39K