GLOBAL X FINTECH ETF (FINX) Technical Analysis
NASDAQ:FINX • US37954Y8140
Current stock price
FINX Technical Rating and Analysis
We assign a technical rating of 0 out of 10 to FINX. 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.
- The long term trend is still negative, but the short term trend is neutral. It is advised to wait a little bit longer to see how this turns out.
- When comparing the yearly performance of all stocks, FINX is a bad performer in the overall market: 83% of all stocks are doing better.
- FINX is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
- In the last month FINX has a been trading in the 22.08 - 25.13 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
- Considerably lower volume is observed in the last couple of days.
FINX Weekly and Daily overview Charts
FINX Setup Rating and Analysis
FINX has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 24.01. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 23.14, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for FINX in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
FINX Support and Resistance Analysis
22.58
When analyzing the support we notice one important area.
- A support zone ranging from 22.81 to 23.14. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
We can see 3 important resistance areas.
- A resistance zone ranging from 24.01 to 24.24. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 24.78 to 25.46. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @34.76 from a horizontal line in the daily time frame.
FINX Technical Indicator Signal Analysis
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 | 17.7 | NEGATIVE | FINX has a low relative strength, it was outperformed by 82.3% 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) | DOWN | NEGATIVE | The current price of FINX is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 52.07 | NEUTRAL | The RSI value for FINX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.12 | POSITIVE | The MACD value suggests FINX has a positive trend. |
| Stochastics (14,3) | 53.61 | NEUTRAL | The Stochastics value for FINX is a neutral value. |
| Average True Range in percent/ATR (20) | 3.07 | MEDIUM VOLATILITY | The ATR as a percentage value for FINX suggests some volalility. |
| Average Directional Index/ADX (14) | 24.75 | NEUTRAL | The ADX value for FINX suggests a possible start of a new trend. |
FINX Chart- and CandleStick Pattern Analysis
FINX Technicals: Chart, Performance Metrics, Trend & Indicators
24
+1 (+4.35%)
GLOBAL X FINTECH ETF / FINX TA FAQ
Can you provide the ChartMill technical rating for GLOBAL X FINTECH ETF?
ChartMill assigns a technical rating of 0 / 10 to FINX.
What is the current trend direction of GLOBAL X FINTECH ETF (FINX) stock?
The current trend direction for GLOBAL X FINTECH ETF (FINX) is Bearish.
What is the RSI signal for FINX stock?
GLOBAL X FINTECH ETF (FINX) has an RSI value of 52.074. This indicates that the stock is currently neutral.
Can you provide the short term momentum for GLOBAL X FINTECH ETF?
The short term momentum for GLOBAL X FINTECH ETF (FINX) is neutral.