RSI low/high Values: [ 25 - 80 ]
* StockInvest.us uses dynamically calculated RSI max/min levels to determine when stock is oversold or overbought based on historical behavior.
AI Analysis of FINX
Powered by GPT-4
Upgraded!
Stock Analysis
Risk Assessment
Trading Strategy

Evaluation of GLOBAL X FINTECH THEMATIC ETF downgraded after the last trading session.
(Updated on Mar 28, 2024)

Buy or Hold candidate since Feb 14, 2024 Gain 9.43% PDF

The GLOBAL X FINTECH THEMATIC ETF price gained 0.796% on the last trading day (Thursday, 28th Mar 2024), rising from $27.64 to $27.86. During the last trading day the ETF fluctuated 1.02% from a day low at $27.65 to a day high of $27.93. The price has risen in 6 of the last 10 days and is up by 4.89% over the past 2 weeks. Volume fell on the last day by -23 thousand shares and in total, 25 thousand shares were bought and sold for approximately $705.44 thousand. You should take into consideration that falling volume on higher prices causes divergence and may be an early warning about possible changes over the next couple of days.

The ETF lies in the middle of a strong rising trend in the short term and a further rise within the trend is signaled. Given the current short-term trend, the ETF is expected to rise 14.59% during the next 3 months and, with a 90% probability hold a price between $30.62 and $33.57 at the end of this 3-month period.

Ready to grow your portfolio? Here's your beginner's guide to opening a free brokerage account.

FINX Signals & Forecast

The GLOBAL X FINTECH THEMATIC ETF holds buy signals from both short and long-term Moving Averages giving a positive forecast for the stock. Also, there is a general buy signal from the relation between the two signals where the short-term average is above the long-term average. On corrections down, there will be some support from the lines at $27.50 and $26.40. A breakdown below any of these levels will issue sell signals. A buy signal was issued from a pivot bottom point on Thursday, January 18, 2024, and so far it has risen 17.40%. Further rise is indicated until a new top pivot has been found. Some negative signals were issued as well, and these may have some influence on the near short-term development. Furthermore, there is currently a sell signal from the 3 month Moving Average Convergence Divergence (MACD). Volume fell during the last trading day while the price increased. This causes a divergence and may be considered as an early warning, but it may also not.

Support, Risk & Stop-loss for GLOBAL X FINTECH THEMATIC ETF

GLOBAL X FINTECH THEMATIC finds support from accumulated volume at $26.72 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.

In general the ETF tends to have very controlled movements and therefore the general risk is considered very low. However, be aware of low or falling volume and make sure to keep an eye on the ETF During the last day, the ETF moved $0.282 between high and low, or 1.02%. For the last week the ETF has had daily average volatility of 1.53%

Our recommended stop-loss: $26.94 (-3.32%) (This ETF has low daily movements and this gives low risk. There is a buy signal from a pivot bottom found 49 days ago.)

Trading Expectations (FINX) For The Upcoming Trading Day Of Monday 1st

For the upcoming trading day on Monday, 1st we expect GLOBAL X FINTECH THEMATIC ETF to open at $27.81, and during the day (based on 14 day Average True Range), to move between $27.35 and $28.37, which gives a possible trading interval of +/-$0.507 (+/-1.82%) up or down from last closing price. If GLOBAL X FINTECH THEMATIC ETF takes out the full calculated possible swing range there will be an estimated 3.64% move between the lowest and the highest trading price during the day.

With no resistance above and support from accumulated volume @ $26.72, some $1.14 (4.09%) from the current price of $27.86, our system finds the risk reward attractive.

Is GLOBAL X FINTECH THEMATIC ETF ETF A Buy?

Several short-term signals, along with a general good trend, are positive and we conclude that the current level may hold a buying opportunity as there is a fair chance for GLOBAL X FINTECH THEMATIC ETF to perform well in the short-term. Due to some small weaknesses in the technical picture we have downgraded our analysis conclusion for this ETF since the last evaluation from a Strong Buy to a Buy candidate.

Current score: 4.648 Buy Candidate Downgraded

Predicted Opening Price for GLOBAL X FINTECH THEMATIC ETF of Monday, April 1, 2024

Fair opening price April 1, 2024 Current price
$27.81 ( 0.170%) $27.86

The predicted opening price is based on yesterday's movements between high, low, and closing price.

Trading levels for FINX

Fibonacci Support & Resistance Levels

Level Price
Resistance R3 28.09 0.84 %
R2 27.99 0.456 %
R1 27.92 0.217 %
Current price: 27.86
Support S1 27.70 -0.557 %
S2 27.64 -0.795 %
S3 27.53 -1.18 %

Accumulated Volume Support & Resistance Levels

Level Price
Resistance R3 0 .
R2 0 .
R1 0 .
Current price 27.86
Support S1 26.72 -4.09%
S2 25.71 -7.72%
S3 23.99 -13.89%

FINX Dividend Payout History


# Declaration Date Ex-Date Pay Date Amount Yield
1 Dec 28, 2023 Dec 28, 2023 Jan 08, 2024 $0.0031 0.0123%
2 Jun 28, 2023 Jun 29, 2023 Jul 10, 2023 $0.0510 0.227%
3 Dec 28, 2022 Dec 29, 2022 Jan 09, 2023 $0.0010 0.0050%
4 Jun 28, 2022 Jun 29, 2022 Jul 08, 2022 $0.0510 0.226%
5 Dec 29, 2021 Dec 30, 2021 Jan 07, 2022 $2.16 5.83%

FAQ

What is the symbol for GLOBAL X FINTECH THEMATIC ETF ETF and on which exchange is it traded?
The symbol for GLOBAL X FINTECH THEMATIC ETF is FINX and it is traded on the NASDAQ (NASDAQ Stock Exchange).

Should I buy or sell GLOBAL X FINTECH THEMATIC ETF ETF?
Several short-term signals, along with a general good trend, are positive and we conclude that the current level may hold a buying opportunity as there is a fair chance for GLOBAL X FINTECH THEMATIC ETF to perform well in the short-term. Due to some small weaknesses in the technical picture we have downgraded our analysis conclusion for this ETF since the last evaluation from a Strong Buy to a Buy candidate.

How to buy GLOBAL X FINTECH THEMATIC ETF ETF?
GLOBAL X FINTECH THEMATIC ETF ETF can be purchased through just about any brokerage firm, including online brokerage services.
Click here for our free guide on how to buy GLOBAL X FINTECH THEMATIC ETF ETF.

What's the current price of GLOBAL X FINTECH THEMATIC ETF ETF?
As of the end of day on the 2024-03-28, the price of an GLOBAL X FINTECH THEMATIC ETF (FINX) share was $27.86.

What is the 52-week high and low for GLOBAL X FINTECH THEMATIC ETF ETF?
The 52-week high for GLOBAL X FINTECH THEMATIC ETF ETF is $27.93 and the 52-week low is $18.17.

What is the market capitalization of GLOBAL X FINTECH THEMATIC ETF ETF?
As of the 2024-03-28, the market capitalization of GLOBAL X FINTECH THEMATIC ETF is 372.004M.
Click to get the best stock tips daily for free!