INVESCO CURRENCYSHARES SWISS (FXF) Stock Technical Analysis
USA - NYSEARCA:FXF - US46138R1086 - ETF
We assign a technical rating of 3 out of 10 to FXF. In the last year, FXF was a medium performer in the overall market. We are getting mixed signals now in both the short and medium term picture.
The technical rating of FXF 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
95.76
When analyzing the support we can see 2 important areas.
- Strong support @106.98 from a horizontal line in the daily time frame.
- A support zone ranging from 96.73 to 97.25. This zone is formed by a combination of multiple trend lines in multiple time frames.
We found 1 important resistance area.
- A resistance zone ranging from 109.87 to 112.69. This zone is formed by a combination of multiple trend lines and important moving averages 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 FXF is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for FXF is neutral. |
| ChartMill Relative Strength | 67.75 | NEUTRAL | FXF is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of FXF is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of FXF is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of FXF is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 41.56 | NEUTRAL | The RSI value for FXF is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.04 | POSITIVE | The MACD value suggests FXF has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 50.07 | NEUTRAL | The Stochastics value for FXF is a neutral value. |
| Average True Range in percent/ATR (20) | 0.48 | LOW VOLATILITY | The low ATR as a percentage value for FXF suggests low volalility. |
| Average Directional Index/ADX (14) | 15.26 | NEGATIVE | The low ADX value for FXF suggests a weak or negative trend. |
109.75
-0.92 (-0.83%)
INVESCO CURRENCYSHARES SWISS / FXF FAQ
What is the ChartMill technical rating of INVESCO CURRENCYSHARES SWISS (FXF) stock?
ChartMill assigns a technical rating of 3 / 10 to FXF.
What is the trend direction for FXF stock?
The current trend direction for INVESCO CURRENCYSHARES SWISS (FXF) is Bullish.
What is the RSI signal for FXF stock?
INVESCO CURRENCYSHARES SWISS (FXF) has an RSI value of 41.5637. This indicates that the stock is currently neutral.
What is the MACD signal for INVESCO CURRENCYSHARES SWISS (FXF) stock?
The MACD indicator for INVESCO CURRENCYSHARES SWISS (FXF) has a value of 0.0409162, indicating a bearish trend.