Overall FINX gets a technical rating of 0 out of 10. FINX's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
FINX has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 30.75. Right above this resistance zone may be a good entry point.
24.73
When analyzing the support we can see 2 important areas.
We can see 2 important resistance areas.
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 FINX is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for FINX is neutral. |
| ChartMill Relative Strength | 23.48 | NEGATIVE | FINX has a low relative strength, it was outperformed by 76.52% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of FINX is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of FINX is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of FINX is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 46.97 | NEUTRAL | The RSI value for FINX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.22 | POSITIVE | The MACD value suggests FINX has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 89.46 | OVERBOUGHT | The high Stochastics value suggests FINX may be overbought. |
| Average True Range in percent/ATR (20) | 2.24 | MEDIUM VOLATILITY | The ATR as a percentage value for FINX suggests some volalility. |
| Average Directional Index/ADX (14) | 22.38 | NEUTRAL | The ADX value for FINX suggests a possible start of a new trend. |
30.4728
-0.28 (-0.9%)
ChartMill assigns a technical rating of 0 / 10 to FINX.
The current trend direction for GLOBAL X FINTECH ETF (FINX) is Bearish.
GLOBAL X FINTECH ETF (FINX) has an RSI value of 46.9704. This indicates that the stock is currently neutral.
The short term momentum for GLOBAL X FINTECH ETF (FINX) is neutral.
GLOBAL X FINTECH ETF (FINX) has a support level at 29.11 and a resistance level at 30.75. Check the full technical report for our detailed analysis of FINX support and resistance levels.