Taking everything into account, CNXT scores 10 out of 10 in our technical rating. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, CNXT is showing a nice and steady performance.
CNXT has an excellent technical rating and also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. A pullback is taking place, which may present a nice opportunity for an entry. There is very little resistance above the current price. We notice that large players showed an interest for CNXT in the last couple of days, which is a good sign.
29.91
3 important support areas can be observed.
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 CNXT is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for CNXT is up. |
| ChartMill Relative Strength | 90.36 | POSITIVE | CNXT has a high relative strength, it outperformed 90.36% off all stocks 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) | UP | POSITIVE | The current price of CNXT is above the rising 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) | 59.12 | NEUTRAL | The RSI value for CNXT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.07 | NEGATIVE | The MACD value suggests CNXT has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 54.96 | NEUTRAL | The Stochastics value for CNXT is a neutral value. |
| Average True Range in percent/ATR (20) | 1.65 | LOW VOLATILITY | The low ATR as a percentage value for CNXT suggests low volalility. |
| Average Directional Index/ADX (14) | 22.94 | NEUTRAL | The ADX value for CNXT suggests a possible start of a new trend. |
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 |
|---|---|---|---|
| 47.73 | 45.07 | 2.66 (5.56%) | 17.98% |
| An entry @47.73. This is a Buy Stop order right above the 10 day high. | An exit @45.07. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 2.66 points, which is 5.56%. | For a 1.00% total portfolio risk, you can invest 17.98% of your capital in this trade. |
NYSEARCA:CNXT (1/23/2026, 8:04:00 PM)
46.58
+0.28 (+0.6%)
ChartMill assigns a technical rating of 10 / 10 to CNXT.
The current trend direction for VANECK CHINEXT ETF (CNXT) is Bullish.
VANECK CHINEXT ETF (CNXT) has an RSI value of 59.1232. This indicates that the stock is currently neutral.
The buy/sell signal for VANECK CHINEXT ETF (CNXT) is buy as both the short term and long term trends are positive.
VANECK CHINEXT ETF (CNXT) has a support level at 44.62. Check the full technical report for our detailed analysis of CNXT support and resistance levels.