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Stock Trend Analysis Report

Prepared for you on Wednesday, December 6, 2023.

iShares Global Materials ETF (PACF:MXI)

Countertrend Up (+85) - MXI 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 MXI?

MarketClub looks at technical strength and momentum to determine if the timing is right for MXI.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

PACF_MXI
Open High Low MXI Price Change
82.2800 82.2800 81.8500 82.0350 -0.8456
Entry Signal

MarketClub’s Trade Triangles for MXI

long term up The long-term trend has been UP since Dec 1st, 2023 at 82.892

intermediate term up The intermediate-term trend has been UP since Nov 3rd, 2023 at 79.140

short term down The short-term trend has been DOWN since Dec 5th, 2023 at 82.370

Smart Scan Analysis for MXI

Based on our trend formula, MXI is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+85
Smart Scan Analysis for MXI
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
82.2800 82.2800 81.8500 82.0350 -0.8456
Prev. Close Volume Bid Ask Time
82.8806 6903 2023-12-05 15:45:28
Year High75.19Year High Date2018-01-29
Year Low58.55Year Low Date2018-10-24
52wk High88.7652wk High Date2023-02-01
52wk Low74.2452wk Low Date2023-10-23
Year End Close62.45Average Volume8,126
Shares Outstanding5,000Assets4,988M
Beta1.31Volatility23.71
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