HSBC MSCI CHINA UCITS ETF (CNY.PA) Stock Technical Analysis
EPA:CNY - Euronext Paris - Matif - IE00B44T3H88 - ETF - Currency: EUR
We assign a technical rating of 3 out of 10 to CNY. CNY has been an average performer in the overall market, it is still ok in the medium term time frame, but very the very recent evolution is negative.
The long term trend is positive and the short term trend is neutral. The long term trend gets the benefit of the doubt for now.
In the last month CNY has a been trading in the 6.33 - 6.72 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.
When compared to the yearly performance of all other stocks, CNY outperforms 69% of them, which is more or less in line with the market.
CNY is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so CNY is lagging the market slightly.
Although the technical rating is bad, CNY does present a nice setup opportunity. 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. There is a support zone below the current price at 6.54, a Stop Loss order could be placed below this zone.
More info and screens
5.47
7.42
We found 5 important support areas.
- A support zone ranging from 6.51 to 6.54. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 6.34 to 6.39. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @6.16 from a trend line in the weekly time frame.
- A support zone ranging from 5.87 to 5.98. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @5.53 from a trend line in the weekly time frame.
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 6.58 to 6.61. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @7.13 from a horizontal line in the daily time frame.
- A resistance zone ranging from 7.35 to 7.35. 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 | UP | POSITIVE | The long term trend for CNY.PA is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for CNY.PA is neutral. |
| ChartMill Relative Strength | 69.99 | NEUTRAL | CNY.PA is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of CNY.PA is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of CNY.PA is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of CNY.PA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 50.99 | NEUTRAL | The RSI value for CNY.PA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests CNY.PA has a negative trend. |
| Stochastics (14,3) | 55.53 | NEUTRAL | The Stochastics value for CNY.PA is a neutral value. |
| Average True Range in percent/ATR (20) | 1.2 | LOW VOLATILITY | The low ATR as a percentage value for CNY.PA suggests low volalility. |
| Average Directional Index/ADX (14) | 14.43 | NEGATIVE | The low ADX value for CNY.PA 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)
EPA:CNY (6/17/2025, 7:00:00 PM)
6.557
-0.01 (-0.17%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-0.17%
1 Week-0.98%
2 Weeks1.6%
1 Month-1.91%
3 Month-7.07%
6 Month4.29%
12 Month18.57%
2 Year17.61%
3 Year-7.86%
5 Year-16.22%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.08
ATR(20)%1.2%
ATR Inc-34.54%
Range Today0.03
ADR(20)0.05
ADR(20)%0.8%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS69.99
Mansfield0.25
10 Day High6.72
10 Day Low6.5
20 Day High6.72
20 Day Low6.33
52 Week High7.42
52 Week Low4.96
CS1 End6.54
CR1 Start6.58
Volume & EV
DER(3)0%
DER(5)0%
Volume30.37K
Volume Incr40.06%
Vol(5)30.82K
Vol(50)39.74K