GLOBAL X FINTECH ETF (FINX) Stock Technical Analysis
USA - NASDAQ:FINX - US37954Y8140 - ETF
Overall FINX gets a technical rating of 0 out of 10. FINX scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
The technical rating of FINX is bad and it also does not present a quality setup at the moment. Prices have been extended to the downside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
24.73
When analyzing the support we notice one important area.
- Support @24.98 from a horizontal line in the weekly time frame.
We can see 3 important resistance areas.
- A resistance zone ranging from 31.75 to 32.12. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 33.50 to 33.64. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 34.76 to 35.28. 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 | NEUTRAL | NEUTRAL | The long term trend for FINX is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for FINX is down. |
| ChartMill Relative Strength | 25.5 | NEGATIVE | FINX has a low relative strength, it was outperformed by 74.5% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of FINX is below 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) | 32.42 | NEUTRAL | The RSI value for FINX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.27 | NEGATIVE | The MACD value suggests FINX has a negative trend. |
| Stochastics (14,3) | 13.14 | OVERSOLD | The low Stochastics value suggests FINX may be oversold. |
| Average True Range in percent/ATR (20) | 2.82 | MEDIUM VOLATILITY | The ATR as a percentage value for FINX suggests some volalility. |
| Average Directional Index/ADX (14) | 31.9 | POSITIVE | The high ADX value value for FINX suggests a strong trend. |
30.1724
-0.37 (-1.2%)
GLOBAL X FINTECH ETF / FINX 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 trend direction for FINX stock?
The current trend direction for GLOBAL X FINTECH ETF (FINX) is Bearish.
Can you provide the RSI signal for GLOBAL X FINTECH ETF?
GLOBAL X FINTECH ETF (FINX) has an RSI value of 32.422. 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 negative.
What is the support and resistance level for FINX stock?
GLOBAL X FINTECH ETF (FINX) has a support level at 24.98 and a resistance level at 31.75. Check the full technical report for our detailed analysis of FINX support and resistance levels.