ISHARES MSCI CHINA ETF (MCHI) Stock Technical Analysis
NASDAQ:MCHI - Nasdaq - US46429B6719 - ETF - Currency: USD
Overall MCHI gets a technical rating of 10 out of 10. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, MCHI is showing a nice and steady performance.
Both the short term and long term trends are positive. This is a very positive sign.
Looking at the yearly performance, MCHI did better than 90% of all other stocks. We also observe that the gains produced by MCHI over the past year are nicely spread over this period.
MCHI 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 MCHI is lagging the market slightly.
In the last month MCHI has a been trading in the 46.80 - 56.46 range, which is quite wide. It is currently trading near the high of this range.
MCHI has an average volume of 3362110 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
Although MCHI has an excellent technical rating, it does not offer a high quality setup at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
43.89
56.33
When analyzing the support we can see 2 important areas.
- A support zone ranging from 48.07 to 48.27. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 44.33 to 44.80. 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
CRS90.09
Mansfield1.53
10 Day High56.46
10 Day Low49.7
20 Day High56.46
20 Day Low46.8
52 Week High59.79
52 Week Low38.4
Performance
1 Week7.56%
2 Weeks13.54%
1 Month20.58%
3 Month19.99%
6 Month31.16%
12 Month39.77%
2 Year16.53%
3 Year-4.85%
5 Year-10.24%
10 Year5.11%
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)0.56
RSI(14)78.34
LBB46.77
UBB56.32
55.77
+1.04 (+1.9%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg1.9%
1 Week7.56%
2 Weeks13.54%
1 Month20.58%
3 Month19.99%
6 Month31.16%
12 Month39.77%
2 Year16.53%
3 Year-4.85%
5 Year-10.24%
10 Year5.11%
15 YearN/A
Volatility
ATR(14)1.25
ATR(20)%2.14%
ATR Inc51.15%
Range Today1.03
ADR(20)0.84
ADR(20)%1.5%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS90.09
Mansfield1.53
10 Day High56.46
10 Day Low49.7
20 Day High56.46
20 Day Low46.8
52 Week High59.79
52 Week Low38.4
CS1 End48.27
CR1 StartN/A
Volume & EV
DER(3)5.03%
DER(5)3.62%
Volume8.29M
Volume Incr23.9%
Vol(5)4.29M
Vol(50)3.36M