iShares MSCI China ETF (MCHI)

iShares MSCI China ETF is trading at $49.00, down 0.04% on the session. The 50 day average sits at $53.28 and the 200 day at $56.21, which puts the stock in a downtrend. RSI is at 32.5, which reads as weak, and MACD is bearish crossover. Volume is below average.

The nearest support is around $49.84 with resistance near $52.67, so that band frames the current range. Average daily movement is roughly $0.67, or about 1.4% of the share price, which is what any stop placement has to allow for. The overall health score of 33 out of 100 combines a trend score of 3, momentum of 26 and a risk score of 92.

The fund generally will invest at least 80% of its assets in the component securities of the underlying index and in investments that have economic characteristics that are substantially identical to the component securities of the underlying index. The index is a free float-adjusted market capitalization-weighted index that is designed to measure the performance of equity securities in the top 85% in market capitalization of the Chinese equity securities markets, as represented by the H-shares and B-shares markets. The fund is non-diversified.