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Stock Trend Analysis Report
Prepared for you on Friday, April 19, 2024.
iShares MSCI China ETF (NASDAQ:MCHI)
Long-Term Downtrend (-90) - MCHI is in a strong downtrend that is likely to continue. While MCHI is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.
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 DOWN since Apr 25th, 2023 at 46.034
The intermediate-term trend has been DOWN since Apr 16th, 2024 at 39.351
The short-term trend has been DOWN since Apr 12th, 2024 at 40.229
Smart Scan Analysis for MCHI
Based on our trend formula, MCHI is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 39.446 | 39.578 | 39.387 | 39.535 | -0.060 |
| Prev. Close | Volume | Bid | Ask | Time |
| 39.540 | 0 | 2024-04-19 16:19:15 |
| 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 | 3,082,902 | Shares Outstanding | 142,200 |
| Market Cap | 3,748M | Volatility | 37.27 |