Technical Analysis for CHIS - Global X Funds Global X MSCI China Consumer Staples ETF

Grade Last Price % Change Price Change
D 34.55 -2.07% -0.73
CHIS closed down 2.92 percent on Wednesday, February 24, 2021, on 1.15 times normal volume. The stock fell below its 50 day moving average, damaging its intermediate-term outlook by crossing under that important trendline. The price action carved out a bullish hammer (or hammer-like) candlestick pattern. That may indicate an upside reversal. Look for price to trade above the high of the hammer for confirmation. Due to the stock's strong downtrend, it may remain oversold for a while. So, if you're looking for a reason to buy, don't put too much weight on it being oversold.

Trend Table & Recent EOD Signals

ADX Long Term Intermediate Term Short Term
Strong Up Down Down
Historical CHIS trend table...

Date Alert Name Type % Chg
Fell Below 50 DMA Bearish -2.07%
Hammer Candlestick Bullish -2.07%
Lizard Bullish Bullish Day Trade Setup -2.07%
Calm After Storm Range Contraction -2.07%
Stochastic Reached Oversold Weakness -2.07%
Down 3 Days in a Row Weakness -2.07%
Gapped Down Weakness -2.07%
Lower Bollinger Band Touch Weakness -2.07%
Oversold Stochastic Weakness -2.07%
50 DMA Support Bullish -4.92%
Older End-of-Day Signals for CHIS ...

   Recent Intraday Alerts -- Get these alerts pushed to you via our Mobile App

Alert Time
50 DMA Support 2 days ago
2x Volume Pace 2 days ago
1.5x Volume Pace 2 days ago
Down 2 % 2 days ago
Down 1% 2 days ago
View Earlier Intraday Alerts

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Profile

The investment seeks to provide investment results that correspond generally to the price and yield performance, before fees and expenses, of the MSCI China Consumer Staples 10/50 Index. The fund invests at least 80% of its total assets in the securities of the underlying index and in American Depositary Receipts and Global Depositary Receipts based on the securities in the underlying index. The underlying index tracks the performance of companies in the MSCI China Index (the "parent index") that are classified in the consumer staples sector, as defined by MSCI, Inc. the provider of the underlying index ("index provider"). It is non-diversified.
Classification

Keywords: Exchange Traded Fund ETF American Depositary Receipt

Is CHIS a Buy, Sell or Hold?

Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength

Indicators

Indicator Value
52 Week High 39.85
52 Week Low 18.4
Average Volume 13,617
200-Day Moving Average 30.03
50-Day Moving Average 35.93
20-Day Moving Average 37.53
10-Day Moving Average 38.18
Average True Range 1.03
ADX 38.64
+DI 25.56
-DI 43.56
Chandelier Exit (Long, 3 ATRs ) 36.75
Chandelier Exit (Short, 3 ATRs ) 37.11
Upper Bollinger Band 40.27
Lower Bollinger Band 34.78
Percent B (%b) 0.09
BandWidth 14.64
MACD Line 0.33
MACD Signal Line 0.77
MACD Histogram -0.4371
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 37.20
Resistance 3 (R3) 36.99 36.14 36.88
Resistance 2 (R2) 36.14 35.65 36.25 36.77
Resistance 1 (R1) 35.71 35.35 35.93 35.92 36.67
Pivot Point 34.86 34.86 34.97 34.97 34.86
Support 1 (S1) 34.43 34.37 34.65 34.64 33.89
Support 2 (S2) 33.58 34.07 33.69 33.79
Support 3 (S3) 33.15 33.58 33.68
Support 4 (S4) 33.36