AAXJ Long 11/30/23NASDAQ:AAXJ
The break of the wave iv of (c) of ((ii)) high at 64.86 indicates the likely completion of a zig-zag correction in AAXJ. The pattern displays a perfect corrective channel and ideal Fibonacci proportions. Downside should remain corrective against the wave ((ii)) low of 60.92 as price
Key stats
About iShares MSCI All Country Asia ex Japan ETF
Home page
Inception date
Aug 13, 2008
Structure
Open-Ended Fund
Dividend treatment
Distributes
Distribution tax treatment
Qualified dividends
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Primary advisor
BlackRock Fund Advisors
Distributor
BlackRock Investments LLC
AAXJ selects its holdings from a nearly identical universe to our segment benchmark. It does diverge a bit by limiting its universe to the top 85% of companies by market cap, so it does tilt to large- and mid-caps. The fund primarily invests in Asian countries from both developed and emerging markets excluding Japan. The index is rebalanced semi-annually each May and November.
Classification
What's in the fund
Exposure type
Finance
Electronic Technology
Technology Services
Stock breakdown by region
iShares MSCI All Country Asia ex Japan ETF, here's a technical aPrice Action:
The price is currently in an uptrend, having recently bounced off support around the $68-69 level. There's a clear "Buy Points Zone" marked on the chart between approximately $69.56 and $70.09, suggesting a potential accumulation area.
Support and Resistance:
- Strong support: $68.83
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.