VANECK CHINEXT ETF (CNXT) Stock Technical Analysis
NYSEARCA:CNXT - NYSE Arca - US92189F6271 - ETF - Currency: USD
Taking everything into account, CNXT scores 7 out of 10 in our technical rating. In the last year, CNXT was one of the better performers in the market. There are positive signs in the very recent evolution, but the medium term picture is slightly mixed.
Warning: CNXT has an average volume of 18034 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.
CNXT is one of the better performing stocks in the Automobile Components industry, it outperforms 86% of 81 stocks in the same industry.
In the last month CNXT has a been trading in the 27.84 - 30.17 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.
Looking at the yearly performance, CNXT did better than 85% of all other stocks. However, this overall performance is mostly based on the strong move around 4 months ago.
CNXT is currently trading in the middle of its 52 week range. This is in line with the S&P500 Index, which is also trading in the middle of its range.
CNXT 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. There is a resistance zone just above the current price starting at 29.48. Right above this resistance zone may be a good entry point.
More info and screens
19.49
30.25
We found 4 important support areas.
- Support @28.74 from a trend line in the daily time frame.
- A support zone ranging from 27.42 to 28.22. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 25.16 to 25.16. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @19.69 from a horizontal line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 29.48 to 29.95. This zone is formed by a combination of multiple trend lines in multiple time frames.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS85.05
Mansfield1.18
10 Day High29.79
10 Day Low28.19
20 Day High30.17
20 Day Low27.84
52 Week High46
52 Week Low19.91
Performance
1 Week1.93%
2 Weeks-3.77%
1 Month4.53%
3 Month-2.35%
6 Month43.32%
12 Month25.03%
2 Year-10.08%
3 Year-24.96%
5 Year2.8%
10 Year-32.66%
15 YearN/A
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)
Technical Indicators
MACD(12,26,9)-0.05
RSI(14)52.48
LBB28.12
UBB29.94
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 |
|---|---|---|---|
| 28.97 | 28.73 | 0.24 (0.83%) | 25.00% |
| An entry @28.97. This is a Buy Stop order right above the 10 day moving average. | An exit @28.73. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 0.24 points, which is 0.83%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.21%. |
- The distance between exit and entry is rather small compared to the average daily movement of CNXT. 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.
NYSEARCA:CNXT (3/7/2025, 8:15:41 PM)
28.8201
-0.51 (-1.74%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryAutomobile Components
Performance
% Chg-1.74%
1 Week1.93%
2 Weeks-3.77%
1 Month4.53%
3 Month-2.35%
6 Month43.32%
12 Month25.03%
2 Year-10.08%
3 Year-24.96%
5 Year2.8%
10 Year-32.66%
15 YearN/A
Volatility
ATR(14)0.53
ATR(20)%2.02%
ATR Inc-10.22%
Range Today0.18
ADR(20)0.29
ADR(20)%1%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS85.05
Mansfield1.18
10 Day High29.79
10 Day Low28.19
20 Day High30.17
20 Day Low27.84
52 Week High46
52 Week Low19.91
CS1 End28.74
CR1 Start29.48
Volume & EV
DER(3)0.41%
DER(5)-1.16%
Volume6.30K
Volume Incr-29.22%
Vol(5)15.30K
Vol(50)18.03K