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CHIQ
ETF ticker:
NYSE ARCA
AS OF
Jul 1 closing price
Price
$23.82
Change
+$0.17 (+0.72%)
Net Assets
369.78M

CHIQ Price Prediction, Global X MSCI China Consumer Disc ETF AI Recommendations

ETF market charts, price targets, analyst ratings and a financial calendar
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A.I.Advisor
a Summary for AAPL with price predictions
12:00 AM EDT Jul 01, 2022

CHIQ in +1.43% Uptrend, growing for three consecutive days on June 28, 2022

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 CHIQ advanced for three days, in 290 of 331 cases, the price rose further within the following month. The odds of a continued upward trend are 88%.

Price Prediction Chart

Technical Analysis (Indicators)

Bullish Trend Analysis

The Momentum Indicator moved above the 0 level on June 24, 2022. You may want to consider a long position or call options on CHIQ as a result. In of 69 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are .

CHIQ moved above its 50-day moving average on May 26, 2022 date and that indicates a change from a downward trend to an upward trend.

The 10-day moving average for CHIQ crossed bullishly above the 50-day moving average on June 01, 2022. This indicates that the trend has shifted higher and could be considered a buy signal. In of 12 past instances when the 10-day crossed above the 50-day, the stock continued to move higher over the following month. The odds of a continued upward trend are .

The Aroon Indicator entered an Uptrend today. In of 314 cases where CHIQ 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 CHIQ moved out of overbought territory on June 09, 2022. 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 53 similar instances where the indicator moved out of overbought territory. In of the 53 cases, the stock moved lower in the following days. This puts the odds of a move lower at .

The Stochastic Oscillator demonstrated that the ticker has stayed in the overbought zone for 7 days. The longer the ticker stays in the overbought zone, the sooner a price pull-back is expected.

Following a 3-day decline, the stock is projected to fall further. Considering past instances where CHIQ declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .

CHIQ broke above its upper Bollinger Band on June 24, 2022. 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)

Fear & Greed
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A.I.Advisor
published price charts
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published Highlights

Notable companies

The most notable companies in this group are Pinduoduo (NASDAQ:PDD), NIO (NYSE:NIO), Yum China Holdings (NYSE:YUMC), Trip.com Group Limited (NASDAQ:TCOM), Huazhu Group Limited (NASDAQ:HTHT), Vipshop Holdings Limited (NYSE:VIPS), TAL Education Group (NYSE:TAL).

Industry description

The investment seeks to provide investment results that correspond generally to the price and yield performance of the MSCI China Consumer Discretionary 10/50 Index. The fund invests at least 80% of its total assets in the securities of the underlying index and in ADRs and GDRs based on the securities in the underlying index. The underlying index tracks the performance of companies in the MSCI China Index (the "parent index") that are classified in the consumer discretionary sector, as defined by the index provider. The fund is non-diversified.

Market Cap

The average market capitalization across the Global X MSCI China Consumer Disc ETF ETF is 43.87B. The market cap for tickers in the group ranges from 3.12B to 81.96B. PDD holds the highest valuation in this group at 81.96B. The lowest valued company is TAL at 3.12B.

High and low price notable news

The average weekly price growth across all stocks in the Global X MSCI China Consumer Disc ETF ETF was 0%. For the same ETF, the average monthly price growth was 18%, and the average quarterly price growth was -8%. TCOM experienced the highest price growth at 18%, while XPEV experienced the biggest fall at -14%.

Volume

The average weekly volume growth across all stocks in the Global X MSCI China Consumer Disc ETF ETF was -29%. For the same stocks of the ETF, the average monthly volume growth was -17% and the average quarterly volume growth was -57%

Fundamental Analysis Ratings

The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows

Valuation Rating: 75
P/E Growth Rating: 46
Price Growth Rating: 41
SMR Rating: 18
Profit Risk Rating: 90
Seasonality Score: -41 (-100 ... +100)
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published General Information

General Information

Category PacificAsiaexJapanStk

Profile
Fundamentals
Details
Category
China Region
Address
Global X Funds600 Lexington Avenue, 20th FloorNew York
Phone
+1 8884938631
Web
www.globalxfunds.com

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CHIQ and

Correlation & Price change

A.I.dvisor indicates that over the last year, CHIQ has been closely correlated with MCHI. These tickers have moved in lockstep 97% of the time. This A.I.-generated data suggests there is a high statistical probability that if CHIQ jumps, then MCHI could also see price increases.

1D
1W
1M
1Q
6M
1Y
5Y
Ticker /
NAME
Correlation
To CHIQ
1D Price
Change %
CHIQ100%
+0.30%
MCHI - CHIQ
97%
Closely correlated
+0.04%
FXI - CHIQ
96%
Closely correlated
+0.09%
KWEB - CHIQ
95%
Closely correlated
+1.28%
ASHR - CHIQ
76%
Closely correlated
-0.47%
EWT - CHIQ
52%
Loosely correlated
-2.66%