Logo image of MCHT.MI

IVZ MSCI CHINA TECH ALL SHS (MCHT.MI) Stock Technical Analysis

BIT:MCHT - Euronext Milan - IE00BM8QS095 - ETF - Currency: EUR

28.04  +0.58 (+2.11%)

Technical Rating and Analysis

6

Taking everything into account, MCHT scores 6 out of 10 in our technical rating. MCHT 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 MCHT.
Warning: MCHT has an average volume of 4741 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.
MCHT is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.
Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
Weekly and Daily overview Charts
IVZ MSCI CHINA TECH ALL SHS / MCHT Weekly stock chart
IVZ MSCI CHINA TECH ALL SHS / MCHT Daily stock chart
Setup Rating and Analysis

5

MCHT has an average technical rating and also the quality of the setup is only medium at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.

Support and Resistance Analysis

17.78

29.53

We found 3 important support areas.

  • A support zone ranging from 27.46 to 28.03. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Support @20.05 from a trend line in the daily time frame.
  • Support @17.96 from a horizontal line in the weekly time frame.

When analyzing the resistance we notice one important area.

  • A resistance zone ranging from 28.85 to 29.24. This zone is formed by a combination of multiple trend lines in multiple time frames.
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
CRS0
Mansfield-30
10 Day High29.32
10 Day Low26
20 Day High29.32
20 Day Low22.68
52 Week HighN/A
52 Week LowN/A
Performance
1 Week-0.83%
2 Weeks13.84%
1 Month19.4%
3 Month55.86%
6 Month19.07%
12 MonthN/A
2 Year4.28%
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)0.09
RSI(14)61.89
LBB23.9
UBB29.96
IVZ MSCI CHINA TECH ALL SHS / MCHT Daily stock chart

IVZ MSCI CHINA TECH ALL SHS

BIT:MCHT (3/6/2025, 7:00:00 PM)

28.04

+0.58 (+2.11%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg2.11%
1 Week-0.83%
2 Weeks13.84%
1 Month19.4%
3 Month55.86%
6 Month19.07%
12 MonthN/A
2 Year4.28%
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)1.03
ATR(20)%3.15%
ATR Inc38.89%
Range Today0.59
ADR(20)0.4
ADR(20)%1.43%
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 High29.32
10 Day Low26
20 Day High29.32
20 Day Low22.68
52 Week HighN/A
52 Week LowN/A
CS1 End28.03
CR1 Start28.85
Volume & EV
DER(3)0%
DER(5)0%
Volume9.93K
Volume Incr162.15%
Vol(5)11.81K
Vol(50)4.74K