MEXICO EQUITY AND INCOME FD (MXE) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:MXE - US5928341057
We assign a technical rating of 10 out of 10 to MXE. Both in the recent history as in the last year, MXE has proven to be a steady performer, scoring decent points in every aspect analyzed.
Besides having an excellent technical rating, MXE also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 12.28, a Stop Loss order could be placed below this zone.
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11.24
We found 2 important support areas.
- A support zone ranging from 12.16 to 12.28. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 11.35 to 11.37. 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 12.39 to 12.40. 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 MXE is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for MXE is up. |
| ChartMill Relative Strength | 87.8 | POSITIVE | MXE has a high relative strength, it outperformed 87.8% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of MXE is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of MXE is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of MXE is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 64.65 | NEUTRAL | The RSI value for MXE is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests MXE has a positive trend. |
| Stochastics (14,3) | 70.78 | NEUTRAL | The Stochastics value for MXE is a neutral value. |
| Average True Range in percent/ATR (20) | 1.94 | LOW VOLATILITY | The low ATR as a percentage value for MXE suggests low volalility. |
| Average Directional Index/ADX (14) | 17.81 | NEGATIVE | The low ADX value for MXE suggests a weak or negative trend. |
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 12.41 | 12.15 | 0.26 (2.10%) | 25.00% |
| An entry @12.41. This is a Buy Stop order right above the resistance zone. | An exit @12.15. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 0.26 points, which is 2.10%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.52%. |
- The distance between exit and entry is rather small compared to the average daily movement of MXE. Please evaluate whether better entry and exit points can be found.
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
NYSE:MXE (12/26/2025, 8:04:27 PM)
12.3602
0 (0%)
MEXICO EQUITY AND INCOME FD / MXE FAQ
Can you provide the ChartMill technical rating for MEXICO EQUITY AND INCOME FD?
ChartMill assigns a technical rating of 10 / 10 to MXE.
Can you provide the trend direction for MEXICO EQUITY AND INCOME FD?
The current trend direction for MEXICO EQUITY AND INCOME FD (MXE) is Bullish.
What is the RSI signal for MEXICO EQUITY AND INCOME FD (MXE) stock?
MEXICO EQUITY AND INCOME FD (MXE) has an RSI value of 64.6544. This indicates that the stock is currently neutral.
What is the short term momentum for MXE stock?
The short term momentum for MEXICO EQUITY AND INCOME FD (MXE) is positive.
What is the buy/sell signal for MEXICO EQUITY AND INCOME FD (MXE) stock?
The buy/sell signal for MEXICO EQUITY AND INCOME FD (MXE) is buy as both the short term and long term trends are positive.