Stock Trend Analysis Report
Prepared for you on Wednesday, October 27, 2021.
Global X MSCI China Financials ETF (PACF:CHIX)
Sidelines Mode (+55) - CHIX is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid CHIX?
MarketClub looks at technical strength and momentum to determine if the timing is right for CHIX.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for CHIX
The long-term trend has been DOWN since May 3rd, 2021 at 15.70
The intermediate-term trend has been UP since Oct 11th, 2021 at 14.61
The short-term trend has been DOWN since Oct 26th, 2021 at 14.77
Smart Scan Analysis for CHIX
Based on our trend formula, CHIX is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|Year High||21.04||Year High Date||2018-01-26|
|Year Low||15||Year Low Date||2018-10-29|
|52wk High||16.909||52wk High Date||2021-02-23|
|52wk Low||13.9||52wk Low Date||2021-09-20|
|Year End Close||13.66||Average Volume||32,587|