Logo image of HFXJ

IQ 50% Hedged FTSE Japan (HFXJ) Stock Technical Analysis

USA - NYSEARCA:HFXJ -

20.18
-0.1 (-0.49%)
Last: 8/5/2020, 8:04:00 PM
Technical Rating and Analysis

5

We assign a technical rating of 5 out of 10 to HFXJ. HFXJ has been a medium performer in the overall market. Some doubts are observed in the medium time frame, but recent action was very positive.

Warning: HFXJ has an average volume of 4741 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
Both the short term and long term trends are neutral. So this is not the most entertaining stock around.
When comparing the performance of all stocks over the past year, HFXJ turns out to be only a medium performer in the overall market: it outperformed 47% of all stocks.
HFXJ is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so HFXJ is lagging the market.
In the last month HFXJ has a been trading in a tight range between 19.59 and 20.61.
Volume is considerably higher in the last couple of days.
Weekly and Daily overview Charts
IQ 50% Hedged FTSE Japan / HFXJ Weekly stock chart
IQ 50% Hedged FTSE Japan / HFXJ Daily stock chart
Setup Rating and Analysis

5

HFXJ has an average technical rating and the quality of the presented setup is also not ideal 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.

Support and Resistance Analysis

19.39

22.83

We found 1 important support area.

  • A support zone ranging from 19.59 to 20.10. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.

3 important resistance areas can be observed.

  • A resistance zone ranging from 20.21 to 20.87. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Resistance @21.24 from a horizontal line in the daily time frame.
  • A resistance zone ranging from 22.23 to 22.60. This zone is formed by a combination of multiple trend lines in multiple time frames.
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.

IndicatorValueSignalComment
ChartMill Long Term Trend IndicatorNEUTRALNEUTRALThe long term trend for HFXJ is neutral.
ChartMill Short Term Trend IndicatorNEUTRALNEUTRALThe short term trend for HFXJ is neutral.
ChartMill Relative Strength47.41NEUTRALHFXJ is not amongst the best or worst performers on the market.
Simple Moving Average/SMA (20)UPMIXEDThe current price of HFXJ is below the rising SMA(20).
Simple Moving Average/SMA (50)UPMIXEDThe current price of HFXJ is below the rising SMA(50).
Simple Moving Average/SMA (200)DOWNNEGATIVEThe current price of HFXJ is below a declining SMA(200).
Relative Strength Index/RSI (14)48.53NEUTRALThe RSI value for HFXJ is a neutral value.
Moving Average Convergence Divergence/MACD (12, 26, 9)-0.03NEGATIVEThe MACD value suggests HFXJ has a negative trend, although the MACD value is rising.
Stochastics (14,3)59.47NEUTRALThe Stochastics value for HFXJ is a neutral value.
Average True Range in percent/ATR (20)0.97LOW VOLATILITYThe low ATR as a percentage value for HFXJ suggests low volalility.
Chart- and CandleStick Pattern Analysis
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)
IQ 50% Hedged FTSE Japan / HFXJ Daily stock chart

IQ 50% Hedged FTSE Japan

NYSEARCA:HFXJ (8/5/2020, 8:04:00 PM)

20.18

-0.1 (-0.49%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-0.49%
1 Week-1.11%
2 Weeks-1.23%
1 Month0.15%
3 Month6.08%
6 Month-8.16%
12 Month5.47%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.19
ATR(20)%0.97%
ATR Inc-26.58%
Range Today0.06
ADR(20)N/A
ADR(20)%N/A
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS47.41
Mansfield-0.91
10 Day High20.57
10 Day Low19.59
20 Day High20.61
20 Day Low19.59
52 Week High22.33
52 Week Low15.44
CS1 End20.1
CR1 Start20.21
Volume & EV
DER(3)0.89%
DER(5)0.54%
Volume163.40K
Volume Incr1847.98%
Vol(5)33.70K
Vol(50)4.74K