INVESCO MSCI CHINA ALL SHS (MCHN.MI) Stock Technical Analysis
BIT:MCHN - Euronext Milan - IE00BK80XL30 - ETF - Currency: EUR
We assign a technical rating of 6 out of 10 to MCHN. MCHN has been a bad performer in the overall market. Some doubts are observed in the medium term time frame, but recent action was again very positive.
100% of all other stocks performed better in the past year than MCHN.
Warning: MCHN has an average volume of 1368 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.
Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
In the last month MCHN has a been trading in the 22.61 - 27.39 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
MCHN has an average technical rating and it also 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
19.53
27.34
We found 3 important support areas.
- A support zone ranging from 23.89 to 24.04. 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 22.63 to 23.00. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 19.73 to 19.96. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 2 important areas.
- Resistance @25.55 from a horizontal line in the weekly time frame.
- Resistance @27.07 from a horizontal line 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
CRS0
Mansfield-30
10 Day High25.82
10 Day Low22.61
20 Day High27.39
20 Day Low22.61
52 Week HighN/A
52 Week LowN/A
Performance
1 Week12.32%
2 Weeks10.76%
1 Month9.19%
3 Month30.5%
6 MonthN/A
12 MonthN/A
2 Year3.68%
3 YearN/A
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)0.06
RSI(14)62.85
LBB22.04
UBB25.46
BIT:MCHN (3/5/2025, 7:00:00 PM)
25.485
-0.04 (-0.14%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-0.14%
1 Week12.32%
2 Weeks10.76%
1 Month9.19%
3 Month30.5%
6 MonthN/A
12 MonthN/A
2 Year3.68%
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.6
ATR(20)%3.38%
ATR Inc78.16%
Range Today0.28
ADR(20)0.26
ADR(20)%1%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS0
Mansfield-30
10 Day High25.82
10 Day Low22.61
20 Day High27.39
20 Day Low22.61
52 Week HighN/A
52 Week LowN/A
CS1 End24.04
CR1 Start25.55
Volume & EV
DER(3)0%
DER(5)0%
Volume2.29K
Volume Incr251.71%
Vol(5)4.18K
Vol(50)1.37K