INVESCO CURRENCYSHARES JAPAN (FXY) Stock Technical Analysis
NYSEARCA:FXY - NYSE Arca - US46138W1071 - ETF - Currency: USD
Overall FXY gets a technical rating of 0 out of 10. FXY scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
When comparing the yearly performance of all stocks, FXY is a bad performer in the overall market: 62% of all stocks are doing better.
The long term trend is neutral, but the short term trend is negative. Better to stay away from this!
FXY is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so FXY is lagging the market.
In the last month FXY has a been trading in a tight range between 61.80 and 64.41.
Volume is considerably higher in the last couple of days.
FXY has a poor technical rating and the quality of the setup is also not perfect 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
56.62
66.47
We found 3 important support areas.
- A support zone ranging from 61.00 to 62.40. 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 58.65 to 59.03. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 57.19 to 57.52. This zone is formed by a combination of multiple trend lines in multiple time frames.
2 important resistance areas can be observed.
- A resistance zone ranging from 62.99 to 64.15. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 65.52 to 65.81. 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 FXY is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for FXY is down. |
| ChartMill Relative Strength | 38.8 | NEUTRAL | FXY is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of FXY is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of FXY is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of FXY is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 48.16 | NEUTRAL | The RSI value for FXY is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.03 | NEGATIVE | The MACD value suggests FXY has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 24.65 | NEUTRAL | The Stochastics value for FXY is a neutral value. |
| Average True Range in percent/ATR (20) | 0.71 | LOW VOLATILITY | The low ATR as a percentage value for FXY suggests low volalility. |
| Average Directional Index/ADX (14) | 13.42 | NEGATIVE | The low ADX value for FXY 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)
62.81
+0.33 (+0.53%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg0.53%
1 Week1.55%
2 Weeks-0.02%
1 Month-0.35%
3 Month-2.12%
6 Month6.1%
12 Month4.43%
2 Year-3.8%
3 Year-10.49%
5 Year-29.77%
10 Year-19.8%
15 Year-45.19%
Volatility
ATR(14)0.44
ATR(20)%0.71%
ATR Inc35.45%
Range Today0.21
ADR(20)0.26
ADR(20)%0.42%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS38.8
Mansfield-0.68
10 Day High62.99
10 Day Low61.8
20 Day High64.41
20 Day Low61.8
52 Week High65.88
52 Week Low58.25
CS1 End62.4
CR1 Start62.99
Volume & EV
DER(3)6.85%
DER(5)4.07%
Volume231.10K
Volume Incr301.32%
Vol(5)869.46K
Vol(50)337.13K