MXI Technical Analysis & ETF Price Forecast

Technical Sentiment

Overall Consensus

Sell

Buy

Technical Analysis Consensus

Sell

Buy

Moving Average Consensus

Sell

Buy

iShares Global Materials ETF (MXI) Moving Averages Convergence Divergence (MACD) indicator is -0.32, suggesting MXI is Strong buy.

iShares Global Materials ETF (MXI) 20-Day simple moving average is 110.64, while iShares Global Materials ETF (MXI) share price is $112.0876, making it Buy.

iShares Global Materials ETF (MXI) 60-Day simple moving average is 109.62, while iShares Global Materials ETF (MXI) share price is $112.0876, making it Buy.

Technical Analysis for MXI

Technical Sentiment Analysis for iShares Global Materials ETF (MXI). As of 2026-06-12, iShares Global Materials ETF (MXI) is exhibiting a Strong buy technical sentiment. Our proprietary analysis, which aggregates 11 technical signals, shows that 8 indicators are flashing buy, while 3 are indicating sell.

Momentum Indicators: RSI, MACD & Overbought/Oversold Status. Currently, the Relative Strength Index (RSI) for MXI stands at 53.38, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at -0.32, providing a Sell signal for short-term momentum. Other oscillators like the Stochastic Oscillator at 39.85 and the Commodity Channel Index (CCI) at 36.87 further confirm a -0.97 outlook for the ETF.

Support, Resistance & Moving Averages. From a structural perspective, MXI is trading above its 60-day moving average of $109.62 and above its 200-day long-term moving average of $101.56. Key price levels to watch include the immediate resistance at $114.8 and strong support at $106.16. A break above $114.8 could signal a bull continuation, while falling below $106.16 may test the next Fibonacci floor at $101.71.

iShares Global Materials ETF (MXI) Support & Resistance Level

Name	S3	S2	S1	Pivot Points	R1	R2	R3
Classic	97.52	101.71	106.16	110.35	114.8	118.99	123.43
Fibonacci	101.71	105.01	107.05	110.35	113.65	115.69	118.99

iShares Global Materials ETF (MXI) Technical Indicators

2026-06-12

Name	Value
Relative Strength Index (RSI)	53.38
Stochastic Oscillator	39.85
Stochastic RSI	24.82
Commodity Channel Index (CCI)	36.87
Awesome Oscillator	-2.28
Momentum	-0.97
MACD	-0.32

iShares Global Materials ETF (MXI) Relative Strength Index (RSI) is 53.38, creating a Neutral signal.

iShares Global Materials ETF (MXI) Stochastic Oscillator is 39.85, creating a Neutral signal.

iShares Global Materials ETF (MXI) Stochastic RSI is 24.82, creating a Neutral signal.

iShares Global Materials ETF (MXI) Commodity Channel Index (CCI) is 36.87, creating a Neutral signal.

iShares Global Materials ETF (MXI) Awesome Oscillator is -2.28, creating a Sell signal.

iShares Global Materials ETF (MXI) Momentum is -0.97, creating a Sell signal.

iShares Global Materials ETF (MXI) MACD is -0.32, creating a Sell signal.

iShares Global Materials ETF (MXI) Moving Average

2026-06-12

Period	Simple	Signal
5-Day	108.86	Buy
10-Day	110.61	Buy
20-Day	110.64	Buy
60-Day	109.62	Buy
200-Day	101.56	Buy
250-Day	98.59	Buy

iShares Global Materials ETF (MXI) 5-Day simple moving average is 108.86, while iShares Global Materials ETF (MXI) share price is $112.0876, making it Buy.

iShares Global Materials ETF (MXI) 10-Day simple moving average is 110.61, while iShares Global Materials ETF (MXI) share price is $112.0876, making it Buy.

iShares Global Materials ETF (MXI) 20-Day simple moving average is 110.64, while iShares Global Materials ETF (MXI) share price is $112.0876, making it Buy.

iShares Global Materials ETF (MXI) 60-Day simple moving average is 109.62, while iShares Global Materials ETF (MXI) share price is $112.0876, making it Buy.

iShares Global Materials ETF (MXI) 200-Day simple moving average is 101.56, while iShares Global Materials ETF (MXI) share price is $112.0876, making it Buy.

iShares Global Materials ETF (MXI) 250-Day simple moving average is 98.59, while iShares Global Materials ETF (MXI) share price is $112.0876, making it Buy.