INVESCO CURRENCYSHARES JAPAN (FXY) Stock Technical Analysis
USA - NYSEARCA:FXY - US46138W1071 - ETF
60.09 USD
-0.17 (-0.28%)
60.02 USD
-0.07 (-0.12%)
Taking everything into account, FXY scores 0 out of 10 in our technical rating. 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.
73% of all other stocks performed better in the past year than FXY.
FXY is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
The short term trend is negative, the long term trend is neutral. Not much exciting going on here.
In the last month FXY has a been trading in a tight range between 60.02 and 63.26.
Volume is considerably higher in the last couple of days.
The technical rating of FXY is bad and it also does not present a quality setup at the moment. Prices have been extended to the downside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
56.62
66.47
We found 3 important support areas.
- Support @59.76 from a horizontal line in the daily time frame.
- Support @58.65 from a horizontal line in the weekly time frame.
- 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.
3 important resistance areas can be observed.
- A resistance zone ranging from 61.53 to 62.85. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Strong resistance @64.15 from a horizontal line in the daily time frame.
- A resistance zone ranging from 65.60 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 | 27.92 | NEGATIVE | FXY has a low relative strength, it was outperformed by 72.08% off all stocks 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) | UP | MIXED | The current price of FXY is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 27.87 | OVERSOLD | The low RSI value suggests FXY may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.22 | NEGATIVE | The MACD value suggests FXY has a negative trend. |
| Stochastics (14,3) | 2.69 | OVERSOLD | The low Stochastics value suggests FXY may be oversold. |
| Average True Range in percent/ATR (20) | 0.67 | LOW VOLATILITY | The low ATR as a percentage value for FXY suggests low volalility. |
| Average Directional Index/ADX (14) | 16.97 | 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)
60.09
-0.17 (-0.28%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-0.28%
1 Week-3.81%
2 Weeks-2.21%
1 Month-3.96%
3 Month-3.79%
6 Month-6.5%
12 Month-2.96%
2 Year-1.94%
3 Year-4.33%
5 Year-33.45%
10 Year-25.21%
15 Year-51.11%
Volatility
ATR(14)0.41
ATR(20)%0.67%
ATR Inc-19.33%
Range Today0.25
ADR(20)0.22
ADR(20)%0.36%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS27.92
Mansfield-1.33
10 Day High62.74
10 Day Low60.03
20 Day High63.26
20 Day Low60.03
52 Week High65.64
52 Week Low58.25
CS1 End59.76
CR1 Start61.53
Volume & EV
DER(3)3.83%
DER(5)0.98%
Volume280.60K
Volume Incr56.03%
Vol(5)302.69K
Vol(50)212.00K