We assign a technical rating of 5 out of 10 to HFXJ. In the last year, HFXJ was an average performer in the market. There are positive signs in the very recent evolution, but the medium term picture is still mixed.
HFXJ has an average technical rating and also the quality of the setup is only medium 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.
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19.39
When analyzing the support we notice one important 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.
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 HFXJ is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for HFXJ is neutral. |
| ChartMill Relative Strength | 47.41 | NEUTRAL | HFXJ is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of HFXJ is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of HFXJ is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of HFXJ is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 48.53 | NEUTRAL | The RSI value for HFXJ is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.03 | NEGATIVE | The MACD value suggests HFXJ has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 59.47 | NEUTRAL | The Stochastics value for HFXJ is a neutral value. |
| Average True Range in percent/ATR (20) | 0.97 | LOW VOLATILITY | The low ATR as a percentage value for HFXJ suggests low volalility. |
NYSEARCA:HFXJ (8/5/2020, 8:04:00 PM)
20.18
-0.1 (-0.49%)
IQ 50% Hedged FTSE Japan / HFXJ FAQ
What is the technical rating for HFXJ stock?
ChartMill assigns a technical rating of 5 / 10 to HFXJ.
What is the current trend direction of IQ 50% Hedged FTSE Japan (HFXJ) stock?
The current trend direction for IQ 50% Hedged FTSE Japan (HFXJ) is Bearish.
What is the RSI signal for HFXJ stock?
IQ 50% Hedged FTSE Japan (HFXJ) has an RSI value of 48.5296. This indicates that the stock is currently neutral.
Can you provide the MACD signal for IQ 50% Hedged FTSE Japan?
The MACD indicator for IQ 50% Hedged FTSE Japan (HFXJ) has a value of -0.0336455, indicating a bearish trend.
What is the support and resistance level for HFXJ stock?
IQ 50% Hedged FTSE Japan (HFXJ) has a support level at 20.1 and a resistance level at 20.21. Check the full technical report for our detailed analysis of HFXJ support and resistance levels.