ISHARES MSCI CHINA ETF (MCHI) Stock Technical Analysis
USA - NASDAQ:MCHI - US46429B6719 - ETF
64.765 USD
+1.11 (+1.74%)
We assign a technical rating of 10 out of 10 to MCHI. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, MCHI is showing a nice and steady performance.
Both the short term and long term trends are positive. This is a very positive sign.
Looking at the yearly performance, MCHI did better than 80% of all other stocks. We also observe that the gains produced by MCHI over the past year are nicely spread over this period.
MCHI is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
In the last month MCHI has a been trading in the 59.77 - 65.95 range, which is quite wide. It is currently trading near the high of this range.
MCHI has an average volume of 2854670 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Although MCHI has an excellent technical rating, it does not present a decent entry opportunity 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
48.51
66.46
6 important support areas can be observed.
- A support zone ranging from 62.82 to 64.44. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @61.67 from a trend line in the daily time frame.
- A support zone ranging from 59.62 to 60.33. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @58.46 from a trend line in the weekly time frame.
- Support @56.51 from a horizontal line in the daily time frame.
- Support @49.00 from a trend line in the weekly time frame.
When analyzing the resistance we notice one important area.
- Resistance @65.80 from a horizontal line in the daily time frame.
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 MCHI is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for MCHI is up. |
| ChartMill Relative Strength | 80.24 | POSITIVE | MCHI has a high relative strength, it outperformed 80.24% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of MCHI is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of MCHI is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of MCHI is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 57.86 | NEUTRAL | The RSI value for MCHI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.03 | NEGATIVE | The MACD value suggests MCHI has a negative trend. |
| Stochastics (14,3) | 70.71 | NEUTRAL | The Stochastics value for MCHI is a neutral value. |
| Average True Range in percent/ATR (20) | 1.44 | LOW VOLATILITY | The low ATR as a percentage value for MCHI suggests low volalility. |
| Average Directional Index/ADX (14) | 32.76 | POSITIVE | The high ADX value value for MCHI suggests a strong 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)
NASDAQ:MCHI (9/24/2025, 11:50:08 AM)
64.765
+1.11 (+1.74%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg1.74%
1 Week-1.85%
2 Weeks1.1%
1 Month3.44%
3 Month15.37%
6 Month16.66%
12 Month24.85%
2 Year47.05%
3 Year49.58%
5 Year-14.17%
10 Year45.31%
15 YearN/A
Volatility
ATR(14)0.91
ATR(20)%1.44%
ATR Inc-38.23%
Range Today0.47
ADR(20)0.54
ADR(20)%0.84%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS80.24
Mansfield0.75
10 Day High65.95
10 Day Low62.53
20 Day High65.95
20 Day Low59.77
52 Week High65.95
52 Week Low43.7
CS1 End61.67
CR1 Start65.8
Volume & EV
DER(3)-0.53%
DER(5)0.27%
Volume1.03M
Volume Incr12.26%
Vol(5)3.31M
Vol(50)2.85M