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Index Trend Analysis Report
Prepared for you on Friday, May 20, 2022.
iShares MSCI China ETF (NASDAQ:MCHI)
Sidelines Mode (-55) - MCHI 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 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 May 10th, 2021 at 79.180
The intermediate-term trend has been DOWN since Apr 11th, 2022 at 52.163
The short-term trend has been UP since May 13th, 2022 at 47.904
Smart Scan Analysis for MCHI
Based on our trend formula, MCHI is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 48.692 | 49.703 | 48.609 | 49.594 | +1.044 |
| Prev. Close | Volume | Bid | Ask | Time |
| 49.570 | 0 | 2022-05-19 16:19:44 |
| Year High | 76.72 | Year High Date | 2018-01-26 |
| Year Low | 50.45 | Year Low Date | 2018-10-29 |
| 52wk High | 84.23 | 52wk High Date | 2021-06-01 |
| 52wk Low | 43.59 | 52wk Low Date | 2022-03-15 |
| Average Volume | 7,412,937 | Shares Outstanding | 123,000 |
| Market Cap | 3,748M | Volatility | 37.27 |