ISHARES CHINA LARGE-CAP ETF (FXI) Stock Technical Analysis
USA - NYSEARCA:FXI - US4642871846 - ETF
40.51 USD
-0.54 (-1.32%)
40.43 USD
-0.08 (-0.2%)
Taking everything into account, FXI scores 8 out of 10 in our technical rating. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, FXI is showing a nice and steady performance.
Both the short term and long term trends are positive. This is a very positive sign.
When comparing the yearly performance of all stocks, we notice that FXI is one of the better performing stocks in the market, outperforming 76% of all stocks.
FXI is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
FXI has an average volume of 29304000 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
In the last month FXI has a been trading in a tight range between 40.10 and 42.00.
Besides having an excellent technical rating, FXI also presents a decent setup pattern. Prices have been consolidating lately. A pullback is taking place, which may present a nice opportunity for an entry.
More info and screens
33.90
42.18
When analyzing the support we can see 3 important areas.
- A support zone ranging from 39.10 to 39.49. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @36.82 from a horizontal line in the daily time frame.
- Support @34.24 from a trend line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 40.89 to 41.76. 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 FXI is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for FXI is up. |
| ChartMill Relative Strength | 76.99 | POSITIVE | FXI has a high relative strength, it outperformed 76.99% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of FXI is below a declining 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) | 50.26 | NEUTRAL | The RSI value for FXI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.11 | NEGATIVE | The MACD value suggests FXI has a negative trend. |
| Stochastics (14,3) | 38.42 | NEUTRAL | The Stochastics value for FXI is a neutral value. |
| Average True Range in percent/ATR (20) | 1.27 | LOW VOLATILITY | The low ATR as a percentage value for FXI suggests low volalility. |
| Average Directional Index/ADX (14) | 22.55 | NEUTRAL | The ADX value for FXI suggests a possible start of a new 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 |
|---|---|---|---|
| 41.10 | 40.09 | 1.01 (2.46%) | 25.00% |
| An entry @41.10. This is a Buy Stop order right above the 10 day moving average. | An exit @40.09. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 1.01 points, which is 2.46%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.61%. |
- 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.
40.51
-0.54 (-1.32%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-1.32%
1 Week-2.97%
2 Weeks-0.39%
1 Month-0.56%
3 Month11.05%
6 Month22.98%
12 Month21.4%
2 Year58.74%
3 Year93.37%
5 Year-8.14%
10 Year5.85%
15 Year-9.92%
Volatility
ATR(14)0.51
ATR(20)%1.27%
ATR Inc3.04%
Range Today0.74
ADR(20)0.37
ADR(20)%0.9%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS76.99
Mansfield0.38
10 Day High42
10 Day Low40.1
20 Day High42
20 Day Low40.1
52 Week High42
52 Week Low28.41
CS1 End39.49
CR1 Start40.89
Volume & EV
DER(3)-2.07%
DER(5)-1.98%
Volume45.82M
Volume Incr-2.29%
Vol(5)27.87M
Vol(50)29.30M