VP Pence "encouraged" by Mexican proposals on border
U.S. and Mexican officials say they are making progress as they continue to work to stop import tariffs. Vice-President Mike Pence said he was "encouraged" by Mexico's latest proposals, but that tariffs still were set to take effect on Monday.
Pence added that it would be "for the president to decide" whether Mexico was doing enough to head off the tariffs. Pence said that negotiators had been discussing a potential agreement to make it difficult for those who enter Mexico from other countries to claim asylum in the U.S.
MXF's RSI Indicator ascends from oversold territory
The RSI Indicator for MXF moved out of oversold territory on May 24, 2023. This could be a sign that the stock is shifting from a downward trend to an upward trend. Traders may want to buy the stock or call options. The A.I.dvisor looked at 28 similar instances when the indicator left oversold territory. In of the 28 cases the stock moved higher. This puts the odds of a move higher at .
Technical Analysis (Indicators)
Bullish Trend Analysis
The Momentum Indicator moved above the 0 level on June 05, 2023. You may want to consider a long position or call options on MXF as a result. In of 74 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are .
The Moving Average Convergence Divergence (MACD) for MXF just turned positive on June 05, 2023. Looking at past instances where MXF's MACD turned positive, the stock continued to rise in of 44 cases over the following month. The odds of a continued upward trend are .
MXF moved above its 50-day moving average on June 05, 2023 date and that indicates a change from a downward trend to an upward trend.
Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where MXF advanced for three days, in of 330 cases, the price rose further within the following month. The odds of a continued upward trend are .
Bearish Trend Analysis
The Stochastic Oscillator has been in the overbought zone for 2 days. Expect a price pull-back in the near future.
The 10-day moving average for MXF crossed bearishly below the 50-day moving average on May 25, 2023. This indicates that the trend has shifted lower and could be considered a sell signal. In of 19 past instances when the 10-day crossed below the 50-day, the stock continued to move higher over the following month. The odds of a continued downward trend are .
Following a 3-day decline, the stock is projected to fall further. Considering past instances where MXF declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .
MXF broke above its upper Bollinger Band on June 06, 2023. 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.
Fundamental Analysis (Ratings)
Industry description
General Information
Category Unknown
| 1 Day | |||
|---|---|---|---|
| MFs / NAME | Price $ | Chg $ | Chg % |
| PMCKX | 22.80 | 0.39 | +1.74% |
| Pioneer Mid Cap Value K | |||
| IGNIX | 16.18 | 0.22 | +1.38% |
| Delaware Ivy Natural Resources I | |||
| PGRVX | 8.81 | 0.05 | +0.57% |
| Principal Global Real Estate Sec R4 | |||
| IGFFX | 34.13 | -0.12 | -0.35% |
| American Funds Intl Gr and Inc F2 | |||
| NWAKX | 19.05 | -0.17 | -0.88% |
| Nationwide Janus Henderson Ovrs InsSvc | |||
MXF and
Correlation & Price change
A.I.dvisor indicates that over the last year, MXF has been closely correlated with EWA. These tickers have moved in lockstep 67% of the time. This A.I.-generated data suggests there is a high statistical probability that if MXF jumps, then EWA could also see price increases.
