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 in +0.52% Uptrend, growing for three consecutive days on January 29, 2026
Moving higher for three straight days is viewed as a bullish sign. Keep an eye on this stock for future growth. Considering data from situations where MXI advanced for three days, in of 323 cases, the price rose further within the following month. The odds of a continued upward trend are .
Technical Analysis (Indicators)
Bullish Trend Analysis
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 .
Bearish Trend Analysis
The 10-day RSI Indicator for MXI moved out of overbought territory on January 30, 2026. 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 41 similar instances where the indicator moved out of overbought territory. In of the 41 cases, the stock moved lower in the following days. This puts the odds of a move lower at .
The Stochastic Oscillator may be shifting from an upward trend to a downward trend. In of 63 cases where MXI's Stochastic Oscillator exited the overbought zone, the price fell further within the following month. The odds of a continued downward trend are .
The Moving Average Convergence Divergence Histogram (MACD) for MXI turned negative on February 02, 2026. 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 47 similar instances when the indicator turned negative. In of the 47 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 January 12, 2026. 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.
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General Information
Category NaturalResources
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 91% 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% | +0.85% | ||
| VAW - MXI | 91% Closely correlated | +0.86% | ||
| GNR - MXI | 90% Closely correlated | +0.04% | ||
| XLB - MXI | 89% Closely correlated | +0.77% | ||
| GUNR - MXI | 89% Closely correlated | -0.10% | ||
| COPX - MXI | 85% Closely correlated | +0.46% | ||
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