MEXICO FUND INC (MXF) Stock Technical Analysis
NYSE:MXF - New York Stock Exchange, Inc. - US5928351023 - Currency: USD
We assign a technical rating of 7 out of 10 to MXF. Although MXF is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
The long term trend is positive and the short term trend is neutral. The long term trend may just continue or reversal may be around the corner!
MXF is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so MXF is lagging the market slightly.
In the last month MXF has a been trading in the 16.22 - 17.51 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
When comparing the performance of all stocks over the past year, MXF turns out to be only a medium performer in the overall market: it outperformed 69% of all stocks.
Considerably lower volume is observed in the last couple of days.
Although MXF has an excellent technical rating, it 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
12.90
17.42
We found 4 important support areas.
- A support zone ranging from 16.45 to 16.45. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @14.31 from a trend line in the weekly time frame.
- Support @13.48 from a horizontal line in the daily time frame.
- Support @13.03 from a horizontal line in the daily time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 17.12 to 17.25. 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 MXF is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for MXF is neutral. |
| ChartMill Relative Strength | 69.88 | NEUTRAL | MXF is not amongst the best or worst performers 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) | 46.84 | NEUTRAL | The RSI value for MXF is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.13 | NEGATIVE | The MACD value suggests MXF has a negative trend. |
| Stochastics (14,3) | 12.23 | OVERSOLD | The low Stochastics value suggests MXF may be oversold. |
| Average True Range in percent/ATR (20) | 1.6 | LOW VOLATILITY | The low ATR as a percentage value for MXF suggests low volalility. |
| Average Directional Index/ADX (14) | 18.19 | NEGATIVE | The low ADX value for MXF suggests a weak or negative 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)
NYSE:MXF (6/24/2025, 4:15:00 PM)
16.985
+0.45 (+2.75%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg2.75%
1 Week-3.45%
2 Weeks-3.28%
1 Month0.85%
3 Month14.87%
6 Month21.37%
12 Month3.31%
2 Year-1.49%
3 Year14.55%
5 Year68.56%
10 Year-21.92%
15 Year-27.31%
Volatility
ATR(14)0.23
ATR(20)%1.6%
ATR Inc22.47%
Range Today0.43
ADR(20)0.23
ADR(20)%1.38%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS69.88
Mansfield0.61
10 Day High17.51
10 Day Low16.43
20 Day High17.51
20 Day Low16.22
52 Week High17.51
52 Week Low12.99
CS1 End16.45
CR1 Start16.91
Volume & EV
DER(3)-1.99%
DER(5)-4%
Volume37.97K
Volume Incr-75.58%
Vol(5)19.44K
Vol(50)78.01K