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Archive - 3/21/2025 - Sign In to see current Signals. |
iShares FTSE/Xinhua China 25 Index (FXI) Technical Analysis
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| Summary:
| | Weekly :   | | Daily :  Move cursor over the icon to see details.
| | It was the negative week for the iShares FTSE/Xinhua China 25 Index (FXI). During the week, the FXI dropped -1.10 points, or -2.92%, and closed at 36.56 on Friday, March 21, 2025. Weekly volume was 8% above average.
Long-term trend: [See FXI long-term trend chart] A long-term downtrend had started on February 17, 2021 at 54.53 and reached 20.86 on January 22, 2024. FXI lost 33.67 points, or 61.75%, in 152 weeks. The chart has formed a Descending Triangle chart pattern. The downtrend resistance line (20.85) is broken. A broken support is considered to be a long-term bullish signal. Use the following links to access Trend Support/Resistance Help, or use the Technical Stock Screener to see the list of stocks with broken trend resistance line in a long-term trend.
Medium-term trend: [See FXI medium-term trend chart] A medium-term uptrend had started on January 22, 2024 at 20.86 and reached 38.73 on March 18, 2025. FXI gained -17.87 points, or -85.67%, in 60 weeks. The chart has formed a Broadening Ascending Wedge chart pattern. The trend support level is at 29.52 and resistance is at 46.78. A Broadening Ascending Wedge pattern is considered to be a reversal formation. It usually appears in a mature trend, characterized by overbought/oversold long-term and short-term indicators, and often generates divergence on long-term indicators. Use the following link to access a Broadening Ascending Wedge chart pattern help, or use a Technical Stock Screener to see the list of stocks with Broadening Ascending Wedge pattern in a medium-term trend.
Weekly Technical Indicators: [See FXI weekly technical indicators chart] Weekly Lane's Stochastic is overbought. Use the Technical Stock Screener to see the list of stocks with overbought weekly Lane's Stochastic. During the last week, weekly Lane's Stochastic main line (%K) has declined below the overbought signal line (%D). Such crossover is considered a bearish signal. Oscillators are designed to signal a possible trend reversal. They can act as alerts and should be taken in conjunction with other technical analysis tools. Oscillators can be used to confirm other technical signals. Use the following link to access Lane's Stochastic help. The weekly MACD line is above its signal line since February 7, 2025. This is an indication that the medium-term trend is up. Use the following link to access a MACD help.
Short-term trend: [See FXI short-term trend chart] A short-term uptrend had started on March 3, 2025 at 34.38 and reached 38.73 on March 18, 2025. FXI gained -4.35 points, or -12.65%, in 15 days. The chart has formed a Rising Wedge chart pattern. The uptrend support line (38.08) is broken. A broken support is considered to be a long-term bearish signal. Use the following links to access Trend Support/Resistance Help, or use the Technical Stock Screener to see the list of stocks with broken trend support in a short-term trend.
Daily Technical Indicators: [See FXI daily technical indicators chart] Daily technical indicators are neutral. The daily MACD line is below its signal line since March 20, 2025. The distance between MACD and the signal line is low, but getting bigger. During the last week, the price has fallen below the Parabolic SAR (stop and reversal). A Parabolic SAR above the price is a bearish signal, and it indicates that momentum is likely to remain in the downward direction. A Parabolic SAR is used as a trailing stop loss for long or short positions. It works best during strong trending periods. Use the following links to access Parabolic SAR Help, or use the Technical Stock Screener to see the list of stocks with the Parabolic SAR close to the price level.
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