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 0 out of 10 to FXI. FXI scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
- Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
- 69% of all other stocks performed better in the past year than FXI.
- FXI has an average volume of 35365500 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 trading in the upper part of its 52 week range, so FXI is lagging the market slightly.
- In the last month FXI has a been trading in the 34.77 - 37.11 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
FXI Weekly and Daily overview Charts
FXI Setup Rating and Analysis
Although the technical rating is bad, FXI does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 35.41, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for FXI in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
FXI Support and Resistance Analysis
34.49
When analyzing the support we notice one important area.
- A support zone ranging from 34.84 to 35.41. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
5 important resistance areas can be observed.
- A resistance zone ranging from 36.84 to 37.43. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Strong resistance @38.22 from a horizontal line in the daily time frame.
- A resistance zone ranging from 39.62 to 39.89. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @40.79 from a horizontal line in the daily time frame.
- Resistance @41.62 from a horizontal line in the daily time frame.
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 | DOWN | NEGATIVE | The short term trend for FXI is down. |
| ChartMill Relative Strength | 31.66 | NEUTRAL | FXI is not amongst the best or worst performers 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) | DOWN | NEGATIVE | The current price of FXI is below 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) | 42.91 | NEUTRAL | The RSI value for FXI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.09 | POSITIVE | The MACD value suggests FXI has a positive trend. |
| Stochastics (14,3) | 33.62 | NEUTRAL | The Stochastics value for FXI is a neutral value. |
| Average True Range in percent/ATR (20) | 1.7 | LOW VOLATILITY | The low ATR as a percentage value for FXI suggests low volalility. |
| Average Directional Index/ADX (14) | 26 | POSITIVE | The high ADX value value for FXI suggests a strong trend. |
FXI Chart- and CandleStick Pattern Analysis
FXI Technicals: Chart, Performance Metrics, Trend & Indicators
35.55
-0.01 (-0.03%)
ISHARES CHINA LARGE-CAP ETF / FXI TA FAQ
What is the technical rating for FXI stock?
ChartMill assigns a technical rating of 0 / 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 42.9052. 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 0.091461, indicating a bearish trend.
Can you provide the buy/sell signal for ISHARES CHINA LARGE-CAP ETF?
The buy/sell signal for ISHARES CHINA LARGE-CAP ETF (FXI) is sell as both the short term and long term trends are negative.