
ISHARES CHINA LARGE-CAP ETF (FXI) Technical Analysis
NYSEARCA:FXI • US4642871846
Current stock price
FXI Technical Rating and Analysis
We assign a technical rating of 1 out of 10 to FXI. FXI'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.
- 70% of all other stocks performed better in the past year than FXI.
- In the last month FXI has a been trading in the 35.05 - 37.88 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
- FXI has an average volume of 31426300 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- FXI is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so FXI is lagging the market.
FXI Weekly and Daily overview Charts
FXI Setup Rating and Analysis
Although the technical rating is bad, FXI does present a nice setup opportunity. Prices have been consolidating lately. A pullback is taking place, which may present a nice opportunity for an entry.
More info and screens
FXI Support and Resistance Analysis
34.49
We found 3 important support areas.
- A support zone ranging from 36.48 to 36.77. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 35.41 to 35.58. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 34.84 to 34.84. This zone is formed by a combination of multiple trend lines in multiple time frames.
3 important resistance areas can be observed.
- A resistance zone ranging from 36.98 to 37.15. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 38.22 to 39.89. This zone is formed by a combination of multiple trend lines in the daily time frame.
- A resistance zone ranging from 41.43 to 41.76. This zone is formed by a combination of multiple trend lines in multiple time frames.
FXI 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 FXI is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for FXI is neutral. |
| ChartMill Relative Strength | 30.8 | NEUTRAL | FXI is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of FXI is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of FXI is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of FXI is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 52.88 | NEUTRAL | The RSI value for FXI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests FXI has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 34.13 | NEUTRAL | The Stochastics value for FXI is a neutral value. |
| Average True Range in percent/ATR (20) | 1.32 | LOW VOLATILITY | The low ATR as a percentage value for FXI suggests low volalility. |
| Average Directional Index/ADX (14) | 12.75 | NEGATIVE | The low ADX value for FXI suggests a weak or negative trend. |
FXI Chart- and CandleStick Pattern Analysis
FXI Technicals: Chart, Performance Metrics, Trend & Indicators
36.81
+0.02 (+0.05%)
ISHARES CHINA LARGE-CAP ETF / FXI TA FAQ
What is the technical rating for FXI stock?
ChartMill assigns a technical rating of 1 / 10 to FXI.
What is the current trend direction of ISHARES CHINA LARGE-CAP ETF (FXI) stock?
The current trend direction for ISHARES CHINA LARGE-CAP ETF (FXI) is Bearish.
What is the RSI signal for ISHARES CHINA LARGE-CAP ETF (FXI) stock?
ISHARES CHINA LARGE-CAP ETF (FXI) has an RSI value of 52.8824. This indicates that the stock is currently neutral.
Can you provide the MACD signal for ISHARES CHINA LARGE-CAP ETF?
The MACD indicator for ISHARES CHINA LARGE-CAP ETF (FXI) has a value of -0.00405081, indicating a bearish trend.