ISHARES MSCI CHINA ETF (MCHI) Stock Technical Analysis
NASDAQ:MCHI - Nasdaq - US46429B6719 - ETF - Currency: USD
Overall MCHI gets a technical rating of 7 out of 10. Both in the recent history as in the last year, MCHI has proven to be a steady performer, scoring decent points in every aspect analyzed.
The long and short term trends are both positive. This is looking good!
In the last month MCHI has a been trading in the 47.25 - 54.18 range, which is quite wide. It is currently trading near the high of this range.
MCHI has an average volume of 3570900 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
When comparing the yearly performance of all stocks, we notice that MCHI is one of the better performing stocks in the market, outperforming 87% of all stocks. However, this overall performance is mostly based on the strong move around 7 months ago.
MCHI is currently trading in the middle of its 52 week range. This is in line with the S&P500 Index, which is also trading in the middle of its range.
MCHI has an excellent technical rating, but 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.
More info and screens
45.46
60.28
When analyzing the support we can see 4 important areas.
- A support zone ranging from 51.32 to 53.19. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @50.49 from a trend line in the weekly time frame.
- Support @49.28 from a horizontal line in the weekly time frame.
- A support zone ranging from 45.92 to 45.98. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 3 important resistance areas.
- Resistance @53.58 from a trend line in the daily time frame.
- A resistance zone ranging from 57.00 to 57.38. This zone is formed by a combination of multiple trend lines in the weekly time frame.
- A resistance zone ranging from 59.67 to 59.68. This zone is formed by a combination of multiple trend lines in the daily time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS87.04
Mansfield1.25
10 Day High54.18
10 Day Low51.31
20 Day High54.18
20 Day Low47.25
52 Week High59.79
52 Week Low39.95
Performance
1 Week3.61%
2 Weeks2.85%
1 Month11.22%
3 Month7.48%
6 Month8.07%
12 Month18.3%
2 Year23.61%
3 Year3.21%
5 Year-12.38%
10 Year-10.69%
15 YearN/A
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)
Technical Indicators
MACD(12,26,9)0.41
RSI(14)57
LBB49.79
UBB54.42
53.45
+0.76 (+1.44%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg1.44%
1 Week3.61%
2 Weeks2.85%
1 Month11.22%
3 Month7.48%
6 Month8.07%
12 Month18.3%
2 Year23.61%
3 Year3.21%
5 Year-12.38%
10 Year-10.69%
15 YearN/A
Volatility
ATR(14)0.86
ATR(20)%1.81%
ATR Inc35%
Range Today0.61
ADR(20)0.64
ADR(20)%1.19%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS87.04
Mansfield1.25
10 Day High54.18
10 Day Low51.31
20 Day High54.18
20 Day Low47.25
52 Week High59.79
52 Week Low39.95
CS1 End53.19
CR1 Start53.58
Volume & EV
DER(3)-0.37%
DER(5)0.23%
Volume2.11M
Volume Incr-22.63%
Vol(5)2.96M
Vol(50)3.57M