MEXICO EQUITY AND INCOME FD (MXE) Technical Analysis
NYSE:MXE • US5928341057
Current stock price
MXE Technical Rating and Analysis
We assign a technical rating of 6 out of 10 to MXE. MXE was one of the better performers in the overall market, it is still ok in the medium term time frame, but very the very recent evolution is negative.
- In the last month MXE has a been trading in the 12.12 - 14.30 range, which is quite wide. It is currently trading near the lows of this range.
- Prices have been falling strongly lately, it is better to avoid new long positions here.
- Warning: MXE has an average volume of 8270 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
- When comparing the yearly performance of all stocks, we notice that MXE is one of the better performing stocks in the market, outperforming 82% of all stocks. On top of that, MXE also shows a nice and consistent pattern of rising prices.
- The long term trend is positive and the short term trend is negative. It is probably better to wait until this picture becomes clearer.
- MXE is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so MXE is lagging the market slightly.
- Considerably lower volume is observed in the last couple of days.
MXE Weekly and Daily overview Charts
MXE Setup Rating and Analysis
MXE 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
MXE Support and Resistance Analysis
12.24
We found 1 important support area.
- A support zone ranging from 12.36 to 12.36. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 13.05 to 13.26. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 14.16 to 14.22. This zone is formed by a combination of multiple trend lines in multiple time frames.
MXE Technical Indicator Signal Analysis
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 | DOWN | NEGATIVE | The short term trend for MXE is down. |
| ChartMill Relative Strength | 82.88 | POSITIVE | MXE has a high relative strength, it outperformed 82.88% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of MXE is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of MXE is below 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) | 35.76 | NEUTRAL | The RSI value for MXE is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.19 | NEGATIVE | The MACD value suggests MXE has a negative trend. |
| Stochastics (14,3) | 30.75 | NEUTRAL | The Stochastics value for MXE is a neutral value. |
| Average True Range in percent/ATR (20) | 3.29 | MEDIUM VOLATILITY | The ATR as a percentage value for MXE suggests some volalility. |
| Average Directional Index/ADX (14) | 38.03 | POSITIVE | The high ADX value value for MXE suggests a strong trend. |
MXE Chart- and CandleStick Pattern Analysis
MXE Technicals: Chart, Performance Metrics, Trend & Indicators
NYSE:MXE (3/13/2026, 8:04:00 PM)
12.37
-0.51 (-3.96%)
MEXICO EQUITY AND INCOME FD / MXE TA FAQ
Can you provide the ChartMill technical rating for MEXICO EQUITY AND INCOME FD?
ChartMill assigns a technical rating of 6 / 10 to MXE.
What is the current trend direction of MEXICO EQUITY AND INCOME FD (MXE) stock?
The current trend direction for MEXICO EQUITY AND INCOME FD (MXE) is Bullish.
What is the RSI signal for MXE stock?
MEXICO EQUITY AND INCOME FD (MXE) has an RSI value of 35.7577. This indicates that the stock is currently neutral.
Can you provide the MACD signal for MEXICO EQUITY AND INCOME FD?
The MACD indicator for MEXICO EQUITY AND INCOME FD (MXE) has a value of -0.192495, indicating a bearish trend.
Can you provide the support and resistance levels for MEXICO EQUITY AND INCOME FD?
MEXICO EQUITY AND INCOME FD (MXE) has a support level at 12.36 and a resistance level at 13.05. Check the full technical report for our detailed analysis of MXE support and resistance levels.