ISHARES CHINA TECH USD ACC (CTEC.AS) Stock Technical Analysis
AMS:CTEC - Euronext Amsterdam - IE000NFR7C63 - ETF - Currency: USD
We assign a technical rating of 2 out of 10 to CTEC. CTEC 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.
In the last month CTEC has a been trading in the 4.18 - 4.53 range, which is quite wide. It is currently trading near the lows of this range.
The short term trend is negative, but the long term trend is still positive. So although the long term is still positive, this may be a trend turning.
When compared to the yearly performance of all other stocks, CTEC outperforms 64% of them, which is more or less in line with the market.
CTEC 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 CTEC is lagging the market slightly.
The technical rating of CTEC 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
3.17
4.55
6 important support areas can be observed.
- Support @4.08 from a trend line in the weekly time frame.
- Support @3.88 from a trend line in the daily time frame.
- Support @3.76 from a horizontal line in the daily time frame.
- A support zone ranging from 3.65 to 3.67. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @3.34 from a trend line in the weekly time frame.
- Support @3.20 from a horizontal line in the weekly time frame.
We can see 2 important resistance areas.
- A resistance zone ranging from 4.28 to 4.40. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @4.50 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 | UP | POSITIVE | The long term trend for CTEC.AS is up. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for CTEC.AS is down. |
| ChartMill Relative Strength | 64.51 | NEUTRAL | CTEC.AS is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of CTEC.AS is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of CTEC.AS is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of CTEC.AS is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 42.5 | NEUTRAL | The RSI value for CTEC.AS is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.02 | NEGATIVE | The MACD value suggests CTEC.AS has a negative trend. |
| Stochastics (14,3) | 6.23 | OVERSOLD | The low Stochastics value suggests CTEC.AS may be oversold. |
| Average True Range in percent/ATR (20) | 1.82 | LOW VOLATILITY | The low ATR as a percentage value for CTEC.AS suggests low volalility. |
| Average Directional Index/ADX (14) | 12.47 | NEGATIVE | The low ADX value for CTEC.AS 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)
AMS:CTEC (5/30/2025, 7:00:00 PM)
4.21
-0.08 (-1.75%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-1.75%
1 Week-3.3%
2 Weeks-4.24%
1 Month-2.84%
3 Month-7.49%
6 Month11.08%
12 Month14.4%
2 Year30.68%
3 Year8.72%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.07
ATR(20)%1.82%
ATR Inc51.79%
Range Today0.08
ADR(20)0.05
ADR(20)%1.27%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS64.51
Mansfield0.41
10 Day High4.47
10 Day Low4.18
20 Day High4.53
20 Day Low4.18
52 Week High5.04
52 Week Low3.09
CS1 End4.08
CR1 Start4.28
Volume & EV
DER(3)0%
DER(5)0%
Volume45.73K
Volume Incr-4.25%
Vol(5)56.60K
Vol(50)49.83K