Why is VanEck - China New Economy ETF (ASX: CNEW.AX) stock down today?

CNEW.AX on the ASX is down -0.89% at $7.77 today, with price action that suggests selling interest.

What moved VanEck - China New Economy ETF (ASX: CNEW.AX) stock today?

Today's move in CNEW.AX on the ASX came alongside volume +3.27% above average and a day range of $7.60–$7.79.

How much did VanEck - China New Economy ETF's (ASX: CNEW.AX) volume change today?

CNEW.AX's volume on the ASX was 34.97K, +3.27% above its average.

Is VanEck - China New Economy ETF (ASX: CNEW.AX) breaking a resistance level?

CNEW.AX on the ASX is trading below its 50-day MA ($7.97) and below its 200-day MA ($7.99), which points to short-term and long-term weakness.

Why Is VanEck - China New Economy ETF (ASX: CNEW.AX) Stock Up Today?

Live update on CNEW.AX's movement on the ASX, with key data on price change, volume, technical indicators, sector trends, and analyst sentiment.

CNEW.AX●ASX

Financial ServicesAsset Management - Global

$7.77

$0.07(0.89%)

Australian Market opens in 11h 11m

CNEW.AX is Down -0.89% today

You might want to check out Why is CNEW.AX Down Today?

VanEck - China New Economy ETF (ASX: CNEW.AX) Update

Volume

34.97K

↑ 3.00%

Open / Previous Close

$7.60 / $7.84

Day Range (Low / High)

$7.60 - $7.79

VanEck - China New Economy ETF (ASX: CNEW.AX) Summary

VanEck - China New Economy ETF (ASX: CNEW.AX) is trading down -0.89% at $7.77, reflecting a negative shift in investor sentiment today. The stock opened at $7.60 and has moved between $7.60 and $7.79 so far.

Trading volume is 34974, which is 3% above its average, and the price action suggests selling interest.

Technically, CNEW.AX on the ASX is trading below its 50-day moving average of $7.97 and below its 200-day moving average of $7.99, indicating short-term and long-term weakness.

Meyka's AI assigns CNEW.AX a grade of B (Overall moderate), reflecting its assessment of fundamentals and sentiment. Forecast models project potential returns of +4.25% in 1 month ($8.10), +15.03% in 1 year ($8.94), and +61.49% in 5 years ($12.55).

See full chart, check forecasting details, or see the AI grade breakdown to explore what's driving this stock's movement on the ASX.
Stay informed and make better investment decisions.

CNEW.AX (ASX) Technical Signals

Trading below 50-day moving average ($7.97)

Trading below 200-day moving average ($7.99)

Analyst Recommendations data is not available for CNEW.AXAnalyst Recommendations details for CNEW.AX are currently unavailable. We're actively monitoring for updates and will publish them as soon as they’re released. Please check back again shortly.

Price Forecast

1 Month

$8.10

1 Year

$8.94

3 Years

$10.75

5 Years

$12.55

Good60.00

Is this change significant?

5-Day:-6.74%

1-Month:+1.33%

3-Month:-7.53%

What's next?

Next earnings date: 7/30/2025