Taking everything into account, FXI scores 6 out of 10 in our technical rating. FXI was one of the better performers in the overall market, it is still ok in the medium term time frame, but very the very recent evolution is negative.
FXI has an average technical rating and it also does not offer a high quality setup at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
36.46
When analyzing the support we can see 2 important areas.
- A support zone ranging from 37.84 to 39.47. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @36.83 from a horizontal line in the daily time frame.
We found 1 important resistance area.
- 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.
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 | NEUTRAL | NEUTRAL | The long term trend for FXI is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for FXI is neutral. |
| ChartMill Relative Strength | 78.52 | POSITIVE | FXI has a high relative strength, it outperformed 78.52% 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) | DOWN | MIXED | The current price of FXI is above a declining 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) | 58.42 | NEUTRAL | The RSI value for FXI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.11 | POSITIVE | The MACD value suggests FXI has a positive trend. |
| Stochastics (14,3) | 61.78 | NEUTRAL | The Stochastics value for FXI is a neutral value. |
| Average True Range in percent/ATR (20) | 1.4 | LOW VOLATILITY | The low ATR as a percentage value for FXI suggests low volalility. |
| Average Directional Index/ADX (14) | 15.86 | NEGATIVE | The low ADX value for FXI suggests a weak or negative trend. |
39.82
+1.53 (+4%)
ISHARES CHINA LARGE-CAP ETF / FXI FAQ
What is the technical rating for FXI stock?
ChartMill assigns a technical rating of 6 / 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 FXI stock?
ISHARES CHINA LARGE-CAP ETF (FXI) has an RSI value of 58.4175. This indicates that the stock is currently neutral.
What is the short term momentum for FXI stock?
The short term momentum for ISHARES CHINA LARGE-CAP ETF (FXI) is neutral.
Can you provide the support and resistance levels for ISHARES CHINA LARGE-CAP ETF?
ISHARES CHINA LARGE-CAP ETF (FXI) has a support level at 39.47 and a resistance level at 41.43. Check the full technical report for our detailed analysis of FXI support and resistance levels.