ISHARES CHINA LARGE-CAP ETF (FXI) Stock Technical Analysis
NYSEARCA:FXI - NYSE Arca - US4642871846 - ETF - Currency: USD
Overall FXI gets a technical rating of 10 out of 10. Both in the recent history as in the last year, FXI has proven to be a steady performer, scoring decent points in every aspect analyzed.
The long and short term trends are both positive. This is looking good!
When comparing the yearly performance of all stocks, we notice that FXI is one of the better performing stocks in the market, outperforming 84% of all stocks. On top of that, FXI also shows a nice and consistent pattern of rising prices.
FXI is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so FXI is lagging the market slightly.
In the last month FXI has a been trading in the 34.79 - 37.62 range, which is quite wide. It is currently trading near the high of this range.
Prices have been consolidating recently, this may present a good entry opportunity.
FXI has an average volume of 35053800 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
FXI has an excellent technical rating, but the quality of the setup is only medium 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
29.22
38.95
5 important support areas can be observed.
- A support zone ranging from 36.11 to 36.50. 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 34.99 to 35.46. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 32.05 to 32.39. This zone is formed by a combination of multiple trend lines in the weekly time frame.
- Support @30.45 from a trend line in the daily time frame.
- Support @29.52 from a horizontal line in the daily time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 38.55 to 38.56. This zone is formed by a combination of multiple trend lines in the daily time frame.
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 FXI is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for FXI is up. |
| ChartMill Relative Strength | 84.33 | POSITIVE | FXI has a high relative strength, it outperformed 84.33% off all stocks 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) | UP | POSITIVE | The current price of FXI is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of FXI is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 55.74 | NEUTRAL | The RSI value for FXI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests FXI has a negative trend. |
| Stochastics (14,3) | 71.09 | 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) | 15.78 | NEGATIVE | The low ADX value for FXI suggests a weak or negative trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 37.30 | 36.10 | 1.20 (3.22%) | 25.00% |
| An entry @37.30. This is a Buy Stop order right above the 10 day high. | An exit @36.10. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 1.20 points, which is 3.22%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.80%. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
36.81
-0.35 (-0.94%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-0.94%
1 Week3.63%
2 Weeks-1.21%
1 Month3.34%
3 Month2.71%
6 Month19.32%
12 Month41.63%
2 Year35.38%
3 Year8.55%
5 Year-7.28%
10 Year-20.15%
15 Year-5.93%
Volatility
ATR(14)0.46
ATR(20)%1.32%
ATR Inc-11.3%
Range Today0.25
ADR(20)0.32
ADR(20)%0.86%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS84.33
Mansfield0.87
10 Day High37.29
10 Day Low35.51
20 Day High37.62
20 Day Low34.79
52 Week High38.73
52 Week Low24.59
CS1 End36.5
CR1 Start38.55
Volume & EV
DER(3)4.49%
DER(5)4.27%
Volume27.90M
Volume Incr-12.49%
Vol(5)30.14M
Vol(50)35.05M