$STXRES Satrix Resources getting hammered-16% and counting since 21 August. Frustrating sitting with any resource ETF's or shares right now. You need a lot of patience and a long term view, or this will be a money losing exercise almost all of the time. Always been a volatile sector of price takers. Feast or famine, and currently it looks
Key stats
About SATRIX RESI PORTFOLIO
Home page
Inception date
Apr 10, 2006
Replication method
Physical
Dividend treatment
Distributes
Primary advisor
Satrix Managers (RF) Pty Ltd.
ISIN
ZAE000078622
The mandate of the Satrix Resi ETF (Satrix Resi) is to track, as closely as possible, the value of the FTSE/JSE Capped Resources 10 index (J310).
Classification
What's in the fund
Exposure type
Non-Energy Minerals
Stock breakdown by region
Top 10 holdings
STXRES: start of wave 5?The price action seems to be at the start of wave 5 out of the Elliott wave analysis.
The 200-month appears to be acting as major support.
The conflux of the 200-day and 200-week, which is close to the 23.6% Fibonacci retracement level might act as a key indicator of upside price potential.
Wave 5 b
#STXRES #JSE - Resources bouncing off Long term levelsResource are very likely the place to be over the medium term. Satrix Resources which is a basket of the biggest resource stocks on the JSE is bouncing off a massive level of previous long term support which has now become support (Change of Polarity). This is a great area to accumulate for the long
SATRIX RESI PORTOFOLIOSATRIX RESI PORTOFOLIO
M- formation has been confirmed and we have a price breakout to the down side:
The MAS are 7<21<200 (Bear)
RSI <50 and a Target price of R47.82
SATRIX RESI PORTOFOLIO – the ETF
Satrix Resi Portfolio is an exchange-traded fund (ETF) offered by Satrix, a leading provider of ind
STXRES ETF - Back to consolidation ZoneSTXRES ETF has returned to a previous consolidation zone but is now lower then the March swing low and 200 wma .
Does the R58.50 - R61.50 horizontal support zone hold for the 3rd time, or do we break lower this time? A break below targets R54 initially. Alternatively, we start seeing some bullish s
See all ideas
Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.
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Frequently Asked Questions
An exchange-traded fund (ETF) is a collection of assets (stocks, bonds, commodities, etc.) that track an underlying index and can be bought on an exchange like individual stocks.
STXRES trades at 8,027 ZAC today, its price has risen 0.04% in the past 24 hours. Track more dynamics on STXRES price chart.
STXRES net asset value is 79.73 today — it's risen 7.89% over the past month. NAV represents the total value of the fund's assets less liabilities and serves as a gauge of the fund's performance.
STXRES assets under management is 1.32 B ZAC. AUM is an important metric as it reflects the fund's size and can serve as a gauge of how successful the fund is in attracting investors, which, in its turn, can influence decision-making.
STXRES price has risen by 8.50% over the last month, and its yearly performance shows a 30.65% increase. See more dynamics on STXRES price chart.
NAV returns, another gauge of an ETF dynamics, have risen by 7.89% over the last month, showed a 18.90% increase in three-month performance and has increased by 27.36% in a year.
NAV returns, another gauge of an ETF dynamics, have risen by 7.89% over the last month, showed a 18.90% increase in three-month performance and has increased by 27.36% in a year.
STXRES fund flows account for 21.47 B ZAC (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
Since ETFs work like an individual stock, they can be bought and sold on exchanges (e.g. NASDAQ, NYSE, EURONEXT). As it happens with stocks, you need to select a brokerage to access trading. Explore our list of available brokers to find the one to help execute your strategies. Don't forget to do your research before getting to trading. Explore ETFs metrics in our ETF screener to find a reliable opportunity.
STXRES invests in stocks. See more details in our Analysis section.
STXRES expense ratio is 0.44%. It's an important metric for helping traders understand the fund's operating costs relative to assets and how expensive it would be to hold the fund.
No, STXRES isn't leveraged, meaning it doesn't use borrowings or financial derivatives to magnify the performance of the underlying assets or index it follows.
In some ways, ETFs are safe investments, but in a broader sense, they're not safer than any other asset, so it's crucial to analyze a fund before investing. But if your research gives a vague answer, you can always refer to technical analysis.
Today, STXRES technical analysis shows the buy rating and its 1-week rating is strong buy. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1-month rating STXRES shows the strong buy signal. See more of STXRES technicals for a more comprehensive analysis.
Today, STXRES technical analysis shows the buy rating and its 1-week rating is strong buy. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1-month rating STXRES shows the strong buy signal. See more of STXRES technicals for a more comprehensive analysis.
Yes, STXRES pays dividends to its holders with the dividend yield of 2.90%.
STXRES trades at a premium (0.63%).
Premium/discount to NAV expresses the difference between the ETF’s price and its NAV value. A positive percentage indicates a premium, meaning the ETF trades at a higher price than the calculated NAV. Conversely, a negative percentage indicates a discount, suggesting the ETF trades at a lower price than NAV.
Premium/discount to NAV expresses the difference between the ETF’s price and its NAV value. A positive percentage indicates a premium, meaning the ETF trades at a higher price than the calculated NAV. Conversely, a negative percentage indicates a discount, suggesting the ETF trades at a lower price than NAV.
STXRES shares are issued by Sanlam Ltd.
STXRES follows the FTSE/JSE Resources 10 Capped Index - ZAR - Benchmark TR Gross. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
The fund started trading on Apr 10, 2006.
The fund's management style is passive, meaning it's aiming to replicate the performance of the underlying index by holding assets in the same proportions as the index. The goal is to match the index's returns.