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Downtrend Broken Resist.Archive
- 4/17/2025 -
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iShares FTSE/Xinhua China 25 Index (FXI) Technical Analysis
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| Summary:
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| | It was the negative week for the iShares FTSE/Xinhua China 25 Index (FXI). During the week, the FXI dropped -0.54 points, or -1.64%, and closed at 32.40 on Thursday, April 17, 2025. Weekly volume was -9% below 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 30.09 and resistance is at 48.35. 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 technical indicators are neutral.
The weekly MACD line is below its signal line since April 4, 2025. Use the following link to access a MACD help.
 Short-term trend: [See FXI short-term trend chart]
A short-term downtrend had started on March 18, 2025 at 38.73 and reached 29.21 on April 8, 2025. FXI lost 9.52 points, or 24.58%, in 21 days. The price is now at the 33.51% retracement level.
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. This is an indication that the short-term trend is down. The distance between MACD and the signal line is low and getting smaller. It indicates that the current short-term downtrend is getting weak.
A Parabolic SAR (stop and reversal) indicator (32.1) comes close to the price (32.40). It indicates that the trend is getting weaker. 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.
The distance between the Bollinger Bands is 113.08% higher then one year average. It indicates the period of high volatility of the stock price. The Bollinger Bands are often used with a non-oscillator indicator like chart patterns or a trendline. The signals are considered more reliable if these indicators confirm the recommendation of the Bollinger Bands. Use the following links to access the Bollinger Bands Help, or use the Technical Stock Screener to see the list of stocks with the price above the Upper Bollinger Band or below the Lower Bollinger Band.
During the last week, the 20 Day Moving Average has crossed below the 50 Day Moving Average. Such crossover is considered a bearish signal. The moving average crossover signals work better when the stock develops a strong trend, but they are ineffective when the stock is in a trading range. Moving average crossover systems can be effective, but should be used in conjunction with trend patterns, momentum indicators, candlesticks and other aspects of technical analysis. Use the following links to access Moving Average Crossover trading technique, or use the Technical Stock Screener to see the list of stocks with the Moving Average close to the price level.
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