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VanEck - China New Economy ETF

CNEW.AX Technical Analysis Summary (ASX)

Analyze CNEW.AX on the ASX with RSI, MACD, ADX, Bollinger Bands, support, resistance, momentum, and the latest technical trading signals.

CNEW.AX●ASX
Financial ServicesAsset Management - Global
$7.77
$0.07(0.89%)
Australian Market opens in 12h 22m

Disclaimer for Technical Analysis Page

The technical indicators and trading signals shown on this page are for informational purposes only and do not constitute financial advice. Stock market investments involve risk, and past performance is not a guarantee of future results. Always conduct your own research or consult a licensed financial advisor before making investment decisions.Read our Full Disclaimer

CNEW.AX Technical Analysis Summary (ASX)

VanEck - China New Economy ETF (ASX: CNEW.AX) stock currently shows a neutral trend on the ASX, supported by momentum and balanced buying pressure.

Overall Sentiment:Neutral
Momentum:Bearish to Weak (RSI: 38.04)
Trend Strength:Moderate (ADX: 21.93)
Volatility:Medium (ATR: 0.19)
Support/Resistance:$7.51 – $8.32 (Bollinger Bands)

Technical conditions suggest VanEck - China New Economy ETF on the ASX is awaiting a decisive move. Technical conditions suggest VanEck - China New Economy ETF is consolidating, awaiting a decisive move.

Momentum Indicators

RSI (14): 38.04

Bearish
Below midpoint indicates downward pressure.

Stochastic %K: 25.40

Bearish
Momentum remains weak below midpoint.

Williams %R: -100.00

Bullish
Oversold zone suggests rebound potential.

Rate of Change (ROC): -2.69

Bearish
Selling pressure outweighs buying.

Takeaway:VanEck - China New Economy ETF shows strong bearish momentum, signaling downside pressure.

Trend & Volatility

MACD: 0.00

Neutral
Neutral, momentum shows no clear direction.

ADX: 21.93

Moderate
Moderate trend, direction gaining strength.

ATR (14): 0.19

Low
Low volatility, stable price action.

CCI (14): -189.11

Bearish
Bearish, oversold conditions may spark rebound.

Takeaway:VanEck - China New Economy ETF shows weakening trend signals, with bearish pressure building.

Support & Resistance indicators
Bollinger Bands
Upper Band
$8.32
Middle Band (SMA 20)
$7.92
Lower Band
$7.51
Current Position
Within Bands

Takeaway:VanEck - China New Economy ETF trades closer to support, showing weaker momentum within bands.

Keltner Channels
Upper Channel
$8.31
Middle Line (EMA 20)
$7.93
Lower Channel
$7.56
Squeeze Status
No Squeeze

Takeaway:VanEck - China New Economy ETF trades below the trend line, showing weaker momentum inside the channel.

Volume & Money Flow Analysis
On-Balance Volume-169.45K
Money Flow Index64.00Bullish, inflows support continued momentum.
Relative Vigor Index31.10Bearish, price momentum favors sellers.

Overall Takeaway:CNEW.AX shows mixed signals in money flow analysis.

Technical Trading Signals Summary
Based on the current technical analysis of VanEck - China New Economy ETF (ASX: CNEW.AX), here are the key trading signals and recommendations:

Bullish Signals

ADX above 20 → strong underlying trend.

MFI below 80 → room for more buying without overbought risk.

Bearish Signals

MACD below signal line → short-term caution on momentum.

RVI below 50 → vigor tilted toward sellers.

Overall Recommendation:Technical indicators for VanEck - China New Economy ETF are mixed, suggesting a Hold or wait-and-see approach.

(ASX: CNEW.AX) Technical Analysis FAQ