Global X Technical Analysis

Global X FinTech ETF -- USA Etf  

USD 19.40  0.06  0.31%

Global X FinTech ETF retains Market Risk Adjusted Performance of (0.01) and Risk Adjusted Performance of (0.0059). Global X technical analysis makes it possible for you to employ historical prices and volume momentum with intention to determine a pattern that calculates the direction of the entity future prices. In other words you can use this information to find out if the entity will indeed mirror its model of historical price patterns or the prices will eventually revert. We found nineteen technical drivers for Global X FinTech which can be compared to its competitors. Please check out Global X FinTech Coefficient Of Variation, Maximum Drawdown as well as the relationship between Maximum Drawdown and Skewness to decide if Global X is priced fairly providing market reflects its last-minute price of 19.4 per share.
Investment Horizon     30 Days    Login   to change

Global X FinTech Trend Analysis

Use this graph to draw trend lines for Global X FinTech ETF. You can use it to identify possible trend reversals for Global X as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual Global X price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.

Global X Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Global X FinTech ETF applied against its price change over selected period. The best fit line has a slop of 0.0073 % which may suggest that Global X FinTech ETF market price will keep on failing further. It has 34 observation points and a regression sum of squares at 0.04, which is the sum of squared deviations for the predicted Global X price change compared to its average price change.

Current Sentiment - FINX

Global X FinTech Investor Sentiment
Most of Macroaxis users are currently bullish on Global X FinTech ETF. What is your judgment towards investing in Global X FinTech ETF? Are you bullish or bearish?
98% Bullish
2% Bearish
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Global X FinTech ETF is rated below average in mean deviation as compared to similar ETFs. It is currently under evaluation in standard deviation as compared to similar ETFs creating about  1.36  of Standard Deviation per Mean Deviation. The ratio of Standard Deviation to Mean Deviation for Global X FinTech ETF is roughly  1.36