Mexico Fund Technical Analysis (NYSE:MXF)
Technical analysis is the study of Price and volume data through technical charts. This analysis does not take into account the intrinsic value of a stock. The MXF Chart pattern can give those who understand technical analysis an indication of which way MXF stock is headed, but cannot predict with 100% certainty as to what can happen to the Mexico Fund Price.
You can view Simple Moving Average - SMA 20 day, 50 day & 100 day, Exponential Moving Average - EMA 20 day, 50 day & 100 day charts, and Bollinger Bands for Mexico Fund. The technical analysis form of Mexico Fund Analysis tries to understand the market by studying the stock market trend itself as opposed to other aspects like the company's fundamentals.
Mexico Fund Moving Average
Moving averages show the MXF Price trend. The two most popular types of moving averages are the Simple Moving Average or SMA and the Exponential Moving Average or EMA. A key factor that impacts moving averages is the lag factor. The 20 day moving average of $15.59 is below the price of $15.97.
Mexico Fund Bollinger Bands
Bollinger bands consist of two price bands above and below a center line for any company stock like Mexico Fund. The tightening of bands is considered by most traders to be a precursor to sudden increase in volatility. The Price is trading between the average and the upper band in the context of Mexico Fund bollinger bands.
Mexico Fund Moving Average Convergence Divergence or MACD
Two important concepts with respect to moving average convergence divergence or MACD are: crossovers and divergence. When the MACD rises above the signal line, it typically indicates a bullish trend and most likely the Prices will go up. The Mexico Fund MACD line is below the signal line.
Mexico Fund Relative Strength Index
The relative strength index compares the magnitude of recent gains to recent losses and is a momentum indicator. It attempts to assess overbought and oversold conditions of a stock. 67.54 is the RSI value of MXF stock.