WISDOMTREE INDIA EX-STATE FD (IXSE) Stock Technical Analysis
USA - NYSEARCA:IXSE - US97717Y7334 - ETF
33.5651 USD
-0.26 (-0.78%)
We assign a technical rating of 4 out of 10 to IXSE. In the last year, IXSE was a medium performer in the overall market. The medium term is still looking fine, but we see some doubts in the very recent evolution.
Warning: IXSE has an average volume of 1674 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
IXSE is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so IXSE is lagging the market slightly.
The long term trend is positive and the short term trend is negative. It is probably better to wait until this picture becomes clearer.
When comparing the yearly performance of all stocks, we notice that IXSE is one of the better performing stocks in the market, outperforming 79% of all stocks. However, this overall performance is mostly based on the strong move around 4 months ago.
In the last month IXSE has a been trading in a tight range between 33.35 and 34.17.
Volume is considerably higher in the last couple of days.
IXSE has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. Another positive sign is the recent Pocket Pivot signal.
- 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
29.68
35.15
When analyzing the support we can see 3 important areas.
- Support @33.32 from a horizontal line in the daily time frame.
- Support @32.27 from a horizontal line in the daily time frame.
- Support @29.98 from a horizontal line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 33.62 to 34.80. This zone is formed by a combination of multiple trend lines and important moving averages 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 | UP | POSITIVE | The long term trend for IXSE is up. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for IXSE is down. |
| ChartMill Relative Strength | 79.7 | POSITIVE | IXSE has a high relative strength, it outperformed 79.7% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of IXSE is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of IXSE is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of IXSE is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 45.15 | NEUTRAL | The RSI value for IXSE is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests IXSE has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 42.67 | NEUTRAL | The Stochastics value for IXSE is a neutral value. |
| Average True Range in percent/ATR (20) | 0.64 | LOW VOLATILITY | The low ATR as a percentage value for IXSE suggests low volalility. |
| Average Directional Index/ADX (14) | 10.88 | NEGATIVE | The low ADX value for IXSE 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)
NYSEARCA:IXSE (10/20/2023, 8:04:00 PM)
33.5651
-0.26 (-0.78%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-0.78%
1 Week-0.63%
2 Weeks-0.79%
1 Month-0.99%
3 Month-0.65%
6 Month11.57%
12 Month4.54%
2 Year-7.22%
3 Year36.29%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.25
ATR(20)%0.64%
ATR Inc13.33%
Range Today0.15
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
CRS79.7
Mansfield0.31
10 Day High34.17
10 Day Low33.47
20 Day High34.17
20 Day Low33.35
52 Week High34.79
52 Week Low28.64
CS1 End33.32
CR1 Start33.62
Volume & EV
DER(3)0%
DER(5)0.25%
Volume2.70K
Volume Incr9959.26%
Vol(5)13.58K
Vol(50)1.67K