USA - New York Stock Exchange - NYSE:MXF - US5928351023
Taking everything into account, MXF scores 10 out of 10 in our technical rating. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, MXF is showing a nice and steady performance.
MXF has an excellent technical rating and also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. A pullback is taking place, which may present a nice opportunity for an entry. There is a resistance zone just above the current price starting at 20.34. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 20.09, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for MXF in the last couple of days, which is a good sign.
18.39
We found 3 important support areas.
When analyzing the resistance we notice one important area.
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 MXF is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for MXF is up. |
| ChartMill Relative Strength | 89.55 | POSITIVE | MXF has a high relative strength, it outperformed 89.55% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of MXF is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of MXF is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of MXF is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 56.53 | NEUTRAL | The RSI value for MXF is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.02 | NEGATIVE | The MACD value suggests MXF has a negative trend. |
| Stochastics (14,3) | 54.55 | NEUTRAL | The Stochastics value for MXF is a neutral value. |
| Average True Range in percent/ATR (20) | 2.12 | MEDIUM VOLATILITY | The ATR as a percentage value for MXF suggests some volalility. |
| Average Directional Index/ADX (14) | 19.17 | NEGATIVE | The low ADX value for MXF 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 |
|---|---|---|---|
| 20.65 | 19.65 | 1.00 (4.84%) | 20.65% |
| An entry @20.65. This is a Buy Stop order right above the resistance zone. | An exit @19.65. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 1.00 points, which is 4.84%. | When investing 20.65% of your capital in this trade, your total portfolio risk will be 1.00%. |
NYSE:MXF (1/2/2026, 8:04:00 PM)
20.24
+0.1 (+0.5%)
ChartMill assigns a technical rating of 10 / 10 to MXF.
The current trend direction for MEXICO FUND INC (MXF) is Bullish.
MEXICO FUND INC (MXF) has an RSI value of 56.5337. This indicates that the stock is currently neutral.
The buy/sell signal for MEXICO FUND INC (MXF) is buy as both the short term and long term trends are positive.
MEXICO FUND INC (MXF) has a support level at 20.09 and a resistance level at 20.34. Check the full technical report for our detailed analysis of MXF support and resistance levels.