Stock Trend Analysis Report
Prepared for you on Friday, April 23, 2021.
iShares MSCI China ETF (NASDAQ:MCHI)
Sidelines Mode (-50) - MCHI is failing to move into a strong trend and is encountering choppy trading conditions. Be cautious and consider taking a sidelines position until MCHI can gain momentum.
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.
MarketClub’s Trade Triangles for MCHI
The long-term trend has been UP since Jun 5th, 2020 at 64.478
The intermediate-term trend has been DOWN since Feb 26th, 2021 at 89.044
The short-term trend has been DOWN since Apr 21st, 2021 at 81.821
Smart Scan Analysis for MCHI
Based on our trend formula, MCHI is rated as a -50 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|Year High||76.72||Year High Date||2018-01-26|
|Year Low||50.45||Year Low Date||2018-10-29|
|52wk High||97.55||52wk High Date||2021-02-17|
|52wk Low||57.495||52wk Low Date||2020-05-04|
|Average Volume||3,290,827||Shares Outstanding||84,600|