VANECK CHINEXT ETF (CNXT) Stock Technical Analysis
NYSEARCA:CNXT - NYSE Arca - US92189F6271 - ETF - Currency: USD
We assign a technical rating of 1 out of 10 to CNXT. CNXT has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
CNXT is currently trading in the lower part of its 52 week range, which is not a good signal. Agreed, the S&P500 Index is also not doing fantastic, but it still sitting in the middle of its 52 week range.
Warning: CNXT has an average volume of 24656 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
In the last month CNXT has a been trading in the 22.38 - 27.57 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 compared to the yearly performance of all other stocks, CNXT outperforms 56% of them, which is more or less in line with the market.
CNXT is part of the Automobile Components industry. There are 81 other stocks in this industry, CNXT did better than 66% of them.
Considerably lower volume is observed in the last couple of days.
CNXT has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 25.56. Right above this resistance zone may be a good entry point.
More info and screens
19.49
28.68
When analyzing the support we can see 3 important areas.
- Support @24.60 from a horizontal line in the weekly time frame.
- A support zone ranging from 22.63 to 22.74. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Support @19.69 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 25.56 to 25.62. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 28.11 to 28.40. This zone is formed by a combination of multiple trend lines in the daily time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS56.06
Mansfield0.18
10 Day High25.82
10 Day Low24.6
20 Day High27.57
20 Day Low22.38
52 Week High46
52 Week Low19.91
Performance
1 Week0.82%
2 Weeks0.82%
1 Month-8.12%
3 Month-6.13%
6 Month-9.71%
12 Month3.83%
2 Year-18.06%
3 Year-20.04%
5 Year-17.17%
10 Year-47.02%
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)0.2
RSI(14)44.32
LBB23.44
UBB26.33
25.39
+0 (+0.01%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryAutomobile Components
Performance
% Chg0.01%
1 Week0.82%
2 Weeks0.82%
1 Month-8.12%
3 Month-6.13%
6 Month-9.71%
12 Month3.83%
2 Year-18.06%
3 Year-20.04%
5 Year-17.17%
10 Year-47.02%
15 YearN/A
Volatility
ATR(14)0.5
ATR(20)%2.55%
ATR Inc-72.68%
Range Today0
ADR(20)0.37
ADR(20)%1.44%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS56.06
Mansfield0.18
10 Day High25.82
10 Day Low24.6
20 Day High27.57
20 Day Low22.38
52 Week High46
52 Week Low19.91
CS1 End24.6
CR1 Start25.56
Volume & EV
DER(3)0.2%
DER(5)1.03%
Volume2
Volume Incr-50.36%
Vol(5)9.96K
Vol(50)24.66K