MXI iShares Global Materials ETF Forecast, Technical & Fundamental Analysis
The investment seeks to track the investment results of the S&P Global 1200 Materials IndexTM composed of global equities in the materials sector... Show more
MXI saw its Stochastic Oscillator peaks and leaves the overbought zone
The Stochastic Oscillator for MXI moved out of overbought territory on June 13, 2025. This could be a bearish sign for the stock and investors may want to consider selling or taking a defensive position. A.I.dvisor looked at 61 similar instances where the indicator exited the overbought zone. In of the 61 cases the stock moved lower. This puts the odds of a downward move at .
Technical Analysis (Indicators)
Bearish Trend Analysis
The 10-day RSI Indicator for MXI moved out of overbought territory on June 11, 2025. This could be a bearish sign for the stock. Traders may want to consider selling the stock or buying put options. Tickeron's A.I.dvisor looked at 42 similar instances where the indicator moved out of overbought territory. In of the 42 cases, the stock moved lower in the following days. This puts the odds of a move lower at .
The Moving Average Convergence Divergence Histogram (MACD) for MXI turned negative on June 13, 2025. This could be a sign that the stock is set to turn lower in the coming weeks. Traders may want to sell the stock or buy put options. Tickeron's A.I.dvisor looked at 49 similar instances when the indicator turned negative. In of the 49 cases the stock turned lower in the days that followed. This puts the odds of success at .
MXI broke above its upper Bollinger Band on June 04, 2025. This could be a sign that the stock is set to drop as the stock moves back below the upper band and toward the middle band. You may want to consider selling the stock or exploring put options.
Bullish Trend Analysis
Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where MXI advanced for three days, in of 311 cases, the price rose further within the following month. The odds of a continued upward trend are .
The Aroon Indicator entered an Uptrend today. In of 273 cases where MXI Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are .
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General Information
Category NaturalResources
| 1 Day | |||
|---|---|---|---|
| MFs / NAME | Price $ | Chg $ | Chg % |
| TWEAX | 8.57 | -0.08 | -0.92% |
| American Century Equity Income A | |||
| BRGKX | 38.15 | -0.44 | -1.14% |
| iShares Russell 1000 Large-Cap Idx K | |||
| BRZAX | 12.99 | -0.20 | -1.52% |
| BlackRock Sus Adg Intl Eq Inv A | |||
| JFARX | 36.34 | -0.59 | -1.60% |
| JHancock Fundamental All Cap Core R4 | |||
| SCECX | 12.18 | -0.21 | -1.69% |
| Steward Values Enhanced SmMidCapI | |||
MXI and ETFs
Correlation & Price change
A.I.dvisor indicates that over the last year, MXI has been closely correlated with VAW. These tickers have moved in lockstep 89% of the time. This A.I.-generated data suggests there is a high statistical probability that if MXI jumps, then VAW could also see price increases.
| Ticker / NAME | Correlation To MXI | 1D Price Change % | ||
|---|---|---|---|---|
| MXI | 100% | -1.22% | ||
| VAW - MXI | 89% Closely correlated | -1.45% | ||
| XLB - MXI | 88% Closely correlated | -1.17% | ||
| GNR - MXI | 84% Closely correlated | +0.68% | ||
| GUNR - MXI | 83% Closely correlated | +0.86% | ||
| COPX - MXI | 81% Closely correlated | -1.22% | ||
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