IQ 50% Hedged FTSE Japan (HFXJ) Technical Analysis
NYSEARCA:HFXJ
Current stock price
HFXJ Technical Rating and Analysis
Taking everything into account, HFXJ scores 5 out of 10 in our technical rating. 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.
- 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 compared to the yearly performance of all other stocks, HFXJ outperforms 47% of them, which is more or less in line with the market.
- HFXJ is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so HFXJ is lagging the market slightly.
- 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.
HFXJ Weekly and Daily overview Charts
HFXJ Setup Rating and Analysis
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.
More info and screens
HFXJ Support and Resistance Analysis
19.39
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.
We can see 3 important resistance areas.
- 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.
HFXJ 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 | 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. |
HFXJ Chart- and CandleStick Pattern Analysis
HFXJ Technicals: Chart, Performance Metrics, Trend & Indicators
NYSEARCA:HFXJ (8/5/2020, 8:04:00 PM)
20.18
-0.1 (-0.49%)
IQ 50% Hedged FTSE Japan / HFXJ TA FAQ
What is the technical rating for HFXJ stock?
ChartMill assigns a technical rating of 5 / 10 to HFXJ.
What is the trend direction for HFXJ stock?
The current trend direction for IQ 50% Hedged FTSE Japan (HFXJ) is Bearish.
What is the RSI signal for IQ 50% Hedged FTSE Japan (HFXJ) stock?
IQ 50% Hedged FTSE Japan (HFXJ) has an RSI value of 48.5296. This indicates that the stock is currently neutral.
What are the support and resistance levels for IQ 50% Hedged FTSE Japan (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.