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 1.53, suggesting MXI is Strong buy.

iShares Global Materials ETF (MXI) 20-Day simple moving average is 105.81, while iShares Global Materials ETF (MXI) share price is $112.4, making it Buy.

iShares Global Materials ETF (MXI) 60-Day simple moving average is 108.44, while iShares Global Materials ETF (MXI) share price is $112.4, making it Buy.

Technical Analysis for MXI

Technical Sentiment Analysis for iShares Global Materials ETF (MXI). As of 2026-04-14, iShares Global Materials ETF (MXI) is exhibiting a Strong buy technical sentiment. Our proprietary analysis, which aggregates 15 technical signals, shows that 10 indicators are flashing buy, while 5 are indicating sell.

Momentum Indicators: RSI, MACD & Overbought/Oversold Status. Currently, the Relative Strength Index (RSI) for MXI stands at 66.65, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at 1.53, providing a Buy signal for short-term momentum. Other oscillators like the Stochastic Oscillator at 97.87 and the Commodity Channel Index (CCI) at 132.15 further confirm a 10.51 outlook for the ETF.

Support, Resistance & Moving Averages. From a structural perspective, MXI is trading above its 60-day moving average of $108.44 and above its 200-day long-term moving average of $96.52. Key price levels to watch include the immediate resistance at $114.19 and strong support at $104.88. A break above $114.19 could signal a bull continuation, while falling below $104.88 may test the next Fibonacci floor at $99.95.

iShares Global Materials ETF (MXI) Support & Resistance Level

Name	S3	S2	S1	Pivot Points	R1	R2	R3
Classic	95.57	99.95	104.88	109.26	114.19	118.57	123.51
Fibonacci	99.95	103.51	105.71	109.26	112.82	115.02	118.57

iShares Global Materials ETF (MXI) Technical Indicators

2026-04-14

Name	Value
Relative Strength Index (RSI)	66.65
Stochastic Oscillator	97.87
Stochastic RSI	98
Commodity Channel Index (CCI)	132.15
Awesome Oscillator	4.79
Momentum	10.51
MACD	1.53

iShares Global Materials ETF (MXI) Relative Strength Index (RSI) is 66.65, creating a Neutral signal.

iShares Global Materials ETF (MXI) Stochastic Oscillator is 97.87, creating a Sell signal.

iShares Global Materials ETF (MXI) Stochastic RSI is 98, creating a Sell signal.

iShares Global Materials ETF (MXI) Commodity Channel Index (CCI) is 132.15, creating a Sell signal.

iShares Global Materials ETF (MXI) Awesome Oscillator is 4.79, creating a Buy signal.

iShares Global Materials ETF (MXI) Momentum is 10.51, creating a Buy signal.

iShares Global Materials ETF (MXI) MACD is 1.53, creating a Buy signal.

iShares Global Materials ETF (MXI) Moving Average

2026-04-14

Period	Simple	Signal
5-Day	112.32	Buy
10-Day	109.81	Buy
20-Day	105.81	Buy
60-Day	108.44	Buy
200-Day	96.52	Buy
250-Day	93.97	Buy

iShares Global Materials ETF (MXI) 5-Day simple moving average is 112.32, while iShares Global Materials ETF (MXI) share price is $112.4, making it Buy.

iShares Global Materials ETF (MXI) 10-Day simple moving average is 109.81, while iShares Global Materials ETF (MXI) share price is $112.4, making it Buy.

iShares Global Materials ETF (MXI) 20-Day simple moving average is 105.81, while iShares Global Materials ETF (MXI) share price is $112.4, making it Buy.

iShares Global Materials ETF (MXI) 60-Day simple moving average is 108.44, while iShares Global Materials ETF (MXI) share price is $112.4, making it Buy.

iShares Global Materials ETF (MXI) 200-Day simple moving average is 96.52, while iShares Global Materials ETF (MXI) share price is $112.4, making it Buy.

iShares Global Materials ETF (MXI) 250-Day simple moving average is 93.97, while iShares Global Materials ETF (MXI) share price is $112.4, making it Buy.