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Stock Trend Analysis Report

Prepared for you on Thursday, June 20, 2024.

iShares Global Materials ETF (PACF:MXI)

Long-Term Downtrend (-90) - MXI is in a strong downtrend that is likely to continue. While MXI 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 MXI?

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

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PACF_MXI
Open High Low MXI Price Change
85.0500 85.3800 84.9889 85.3127 +0.3307
Entry Signal

MarketClub’s Trade Triangles for MXI

long term down The long-term trend has been DOWN since Jun 17th, 2024 at 84.22

intermediate term down The intermediate-term trend has been DOWN since May 29th, 2024 at 88.70

short term down The short-term trend has been DOWN since Jun 4th, 2024 at 88.37

Smart Scan Analysis for MXI

Based on our trend formula, MXI is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for MXI
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
85.0500 85.3800 84.9889 85.3127 +0.3307
Prev. Close Volume Bid Ask Time
85.3041 11119 2024-06-18 15:45:00
Year High75.19Year High Date2018-01-29
Year Low58.55Year Low Date2018-10-24
52wk High92.2352wk High Date2024-05-20
52wk Low74.2452wk Low Date2023-10-23
Year End Close62.45Average Volume7,117
Shares Outstanding5,000Assets4,988M
Beta1.31Volatility23.71
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