Stock Trend Analysis Report
Prepared for you on Wednesday, January 26, 2022.
Global X MSCI China Materials ETF (PACF:CHIM)
Bear Market Rally (-75) - CHIM is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on CHIM as it may be in the beginning of a reversal.
Is it time to buy, sell, or avoid CHIM?
MarketClub looks at technical strength and momentum to determine if the timing is right for CHIM.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for CHIM
The long-term trend has been DOWN since Nov 1st, 2021 at 25.02
The intermediate-term trend has been UP since Jan 12th, 2022 at 24.25
The short-term trend has been DOWN since Jan 24th, 2022 at 24.03
Smart Scan Analysis for CHIM
Based on our trend formula, CHIM is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|Year High||24.1224||Year High Date||2018-02-05|
|Year Low||15.31||Year Low Date||2018-11-23|
|52wk High||31.53||52wk High Date||2021-09-13|
|52wk Low||22.42||52wk Low Date||2021-01-28|
|Year End Close||8.7701||Average Volume||8,829|