GLOBAL X MSCI COLOMBIA ETF (GXG) Technical Analysis
NYSEARCA:GXG • US37954Y3273
Current stock price
GXG Technical Rating and Analysis
Overall GXG gets a technical rating of 9 out of 10. Both in the recent history as in the last year, GXG has proven to be a steady performer, scoring decent points in every aspect analyzed.
- 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 GXG is one of the better performing stocks in the market, outperforming 75% of all stocks.
- GXG 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.
- In the last month GXG has a been trading in a tight range between 28.75 and 29.94.
GXG Weekly and Daily overview Charts
GXG Setup Rating and Analysis
Besides having an excellent technical rating, GXG 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. There is a resistance zone just above the current price starting at 29.45. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 29.38, a Stop Loss order could be placed below this zone. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
GXG Support and Resistance Analysis
22.25
When analyzing the support we can see 6 important areas.
- A support zone ranging from 28.91 to 29.38. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @27.19 from a trend line in the weekly time frame.
- Support @26.03 from a trend line in the daily time frame.
- Support @25.62 from a horizontal line in the weekly time frame.
- Support @24.66 from a trend line in the weekly time frame.
- A support zone ranging from 22.47 to 22.81. This zone is formed by a combination of multiple trend lines in multiple time frames.
We found 1 important resistance area.
- A resistance zone ranging from 29.45 to 29.85. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
GXG 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 | UP | POSITIVE | The long term trend for GXG is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for GXG is up. |
| ChartMill Relative Strength | 75.66 | POSITIVE | GXG has a high relative strength, it outperformed 75.66% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of GXG is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of GXG is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of GXG is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 55.67 | NEUTRAL | The RSI value for GXG is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.08 | NEGATIVE | The MACD value suggests GXG has a negative trend. |
| Stochastics (14,3) | 56.71 | NEUTRAL | The Stochastics value for GXG is a neutral value. |
| Average True Range in percent/ATR (20) | 1.56 | LOW VOLATILITY | The low ATR as a percentage value for GXG suggests low volalility. |
| Average Directional Index/ADX (14) | 17.31 | NEGATIVE | The low ADX value for GXG suggests a weak or negative trend. |
GXG Chart- and CandleStick Pattern Analysis
GXG Example Setup
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 |
|---|---|---|---|
| 29.86 | 29.05 | 0.81 (2.71%) | 25.00% |
| An entry @29.86. This is a Buy Stop order right above the resistance zone. | An exit @29.05. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 0.81 points, which is 2.71%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.68%. |
- 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.
GXG Technicals: Chart, Performance Metrics, Trend & Indicators
NYSEARCA:GXG (6/20/2025, 8:04:01 PM)
29.41
-0.16 (-0.54%)
GLOBAL X MSCI COLOMBIA ETF / GXG TA FAQ
What is the technical rating for GXG stock?
ChartMill assigns a technical rating of 9 / 10 to GXG.
Can you provide the trend direction for GLOBAL X MSCI COLOMBIA ETF?
The current trend direction for GLOBAL X MSCI COLOMBIA ETF (GXG) is Bullish.
What is the RSI signal for GXG stock?
GLOBAL X MSCI COLOMBIA ETF (GXG) has an RSI value of 55.6713. This indicates that the stock is currently neutral.
Can you provide the MACD signal for GLOBAL X MSCI COLOMBIA ETF?
The MACD indicator for GLOBAL X MSCI COLOMBIA ETF (GXG) has a value of -0.0780394, indicating a bearish trend.
What is the short term momentum for GXG stock?
The short term momentum for GLOBAL X MSCI COLOMBIA ETF (GXG) is positive.