INVESCO MSCI CHINA ALL SHS (MCHN.MI) Stock Technical Analysis
BIT:MCHN - IE00BK80XL30 - ETF
26.98 EUR
+0.3 (+1.11%)
Taking everything into account, MCHN scores 6 out of 10 in our technical rating. In the last year, MCHN was a below average performer in the market. There are positive signs in the very recent evolution, but the medium term picture is still mixed.
100% of all other stocks performed better in the past year than MCHN.
Warning: MCHN has an average volume of 1613 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 positive. This is a very positive sign.
In the last month MCHN has a been trading in the 23.37 - 27.18 range, which is quite wide. It is currently trading near the high of this range.
Considerably lower volume is observed in the last couple of days.
MCHN has an average technical rating and it also does not offer a high quality setup 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
23.04
27.34
When analyzing the support we can see 2 important areas.
- A support zone ranging from 24.79 to 25.11. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 23.27 to 23.34. This zone is formed by a combination of multiple trend lines in multiple time frames.
We found 1 important resistance area.
- A resistance zone ranging from 26.99 to 27.07. 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 | UP | POSITIVE | The long term trend for MCHN.MI is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for MCHN.MI is up. |
| ChartMill Relative Strength | 0 | NEGATIVE | MCHN.MI has a low relative strength, it was outperformed by 100% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of MCHN.MI is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of MCHN.MI is above the rising SMA(50). |
| Relative Strength Index/RSI (14) | 67.79 | NEUTRAL | The RSI value for MCHN.MI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.22 | POSITIVE | The MACD value suggests MCHN.MI has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 91.64 | OVERBOUGHT | The high Stochastics value suggests MCHN.MI may be overbought. |
| Average True Range in percent/ATR (20) | 1.39 | LOW VOLATILITY | The low ATR as a percentage value for MCHN.MI suggests low volalility. |
| Average Directional Index/ADX (14) | 23.05 | NEUTRAL | The ADX value for MCHN.MI suggests a possible start of a new 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)
BIT:MCHN (9/10/2025, 7:00:00 PM)
26.98
+0.3 (+1.11%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg1.11%
1 Week2.18%
2 Weeks11.28%
1 Month18.05%
3 Month15.03%
6 Month45.76%
12 MonthN/A
2 Year30.09%
3 Year-11.58%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.36
ATR(20)%1.39%
ATR Inc5.39%
Range Today0.06
ADR(20)0.08
ADR(20)%0.31%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS0
Mansfield-30
10 Day High27.19
10 Day Low24.97
20 Day High27.19
20 Day Low23.37
52 Week HighN/A
52 Week LowN/A
CS1 End25.11
CR1 Start26.99
Volume & EV
DER(3)0%
DER(5)0%
Volume1.33K
Volume Incr-16.16%
Vol(5)795
Vol(50)1.61K