Stock Trend Analysis Report
Prepared for you on Sunday, October 17, 2021.
iShares MSCI China ETF (NASDAQ:MCHI)
Bull Market Weakness (+75) - MCHI is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on MCHI as it may be in the beginning stages of a reversal.
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.
MarketClub’s Trade Triangles for MCHI
The long-term trend has been DOWN since May 10th, 2021 at 79.180
The intermediate-term trend has been UP since Oct 11th, 2021 at 69.787
The short-term trend has been UP since Oct 7th, 2021 at 66.909
Smart Scan Analysis for MCHI
Based on our trend formula, MCHI is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|Year High||76.72||Year High Date||2018-01-26|
|Year Low||50.45||Year Low Date||2018-10-29|
|52wk High||97.55||52wk High Date||2021-02-17|
|52wk Low||64.95||52wk Low Date||2021-10-04|
|Average Volume||4,549,662||Shares Outstanding||90,000|