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Stock Trend Analysis Report
Prepared for you on Thursday, May 9, 2024.
iShares MSCI China ETF (NASDAQ:MCHI)
Countertrend Up (+85) - MCHI is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.
Is it time to buy, sell, or avoid MCHI?
MarketClub looks at technical strength and momentum to determine if the timing is right for MCHI.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for MCHI
The long-term trend has been UP since Apr 24th, 2024 at 41.266
The intermediate-term trend has been UP since Apr 24th, 2024 at 40.929
The short-term trend has been DOWN since May 8th, 2024 at 44.132
Smart Scan Analysis for MCHI
Based on our trend formula, MCHI is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 43.598 | 43.898 | 43.527 | 43.857 | -0.330 |
| Prev. Close | Volume | Bid | Ask | Time |
| 43.940 | 0 | 2024-05-08 16:18:42 |
| Year High | 76.72 | Year High Date | 2018-01-26 |
| Year Low | 50.45 | Year Low Date | 2018-10-29 |
| 52wk High | 49.94 | 52wk High Date | 2023-07-31 |
| 52wk Low | 35.58 | 52wk Low Date | 2024-01-22 |
| Average Volume | 3,188,371 | Shares Outstanding | 142,200 |
| Market Cap | 3,748M | Volatility | 37.27 |