ISHARES MSCI CHINA USD ACC (ICGA.DE)

IE00BJ5JPG56 - ETF

4.521  +0.01 (+0.26%)

Technical Rating and Analysis

8

We assign a technical rating of 8 out of 10 to ICGA. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, ICGA is showing a nice and steady performance.

The long and short term trends are both positive. This is looking good!
Looking at the yearly performance, ICGA did better than 92% of all other stocks.
ICGA 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 ICGA is lagging the market slightly.
In the last month ICGA has a been trading in the 4.28 - 4.80 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Considerably lower volume is observed in the last couple of days.
Weekly and Daily overview Charts
ICGA Weekly chart
ICGA Daily chart
Setup Rating and Analysis

6

ICGA has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 4.48, a Stop Loss order could be placed below this zone.

Support and Resistance Analysis

3.49

4.77

When analyzing the support we can see 3 important areas.

  • A support zone ranging from 4.29 to 4.48. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Support @3.74 from a trend line in the weekly time frame.
  • Support @3.53 from a horizontal line in the daily time frame.

When analyzing the resistance we notice 2 important areas.

  • A resistance zone ranging from 4.53 to 4.54. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • A resistance zone ranging from 4.71 to 4.72. This zone is formed by a combination of multiple trend lines in the daily time frame.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS92.49
Mansfield0.61
10 Day High4.8
10 Day Low4.43
20 Day High4.8
20 Day Low4.28
52 Week High5.19
52 Week Low3.17
Performance
1 Week0.83%
2 Weeks1.86%
1 Month3.8%
3 Month20.95%
6 Month14.85%
12 Month30.76%
2 Year8.55%
3 Year-7.92%
5 YearN/A
10 YearN/A
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
RSI(14)53.09
LBB4.32
UBB4.69
Example Setup

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.

ENTRYEXITDISTANCECAPITAL
4.554.420.13 (2.86%)25.00%
An entry @4.55. This is a Buy Stop order right above the resistance zone.An exit @4.42. This is a Stop Loss order right below the 10 day low.The trade has a worst case loss of 0.13 points, which is 2.86%.For a 0.71% total portfolio risk, you can invest 25.00% of your capital in this trade.

  • The distance between exit and entry is rather small compared to the average daily movement of ICGA. 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.
ICGA Daily chart

ISHARES MSCI CHINA USD ACC

FRA:ICGA (12/20/2024, 7:00:00 PM)

4.521

+0.01 (+0.26%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg0.26%
1 Week0.83%
2 Weeks1.86%
1 Month3.8%
3 Month20.95%
6 Month14.85%
12 Month30.76%
2 Year8.55%
3 Year-7.92%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.09
ATR(20)%1.82%
ATR Inc-51.37%
Range Today0.05
ADR(20)0.04
ADR(20)%0.96%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS92.49
Mansfield0.61
10 Day High4.8
10 Day Low4.43
20 Day High4.8
20 Day Low4.28
52 Week High5.19
52 Week Low3.17
CS1 End4.48
CR1 Start4.53
Volume & EV
DER(3)0%
DER(5)0%
Volume302.52K
Volume Incr-10.25%
Vol(5)208.28K
Vol(50)391.54K