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 0.02, suggesting MXI is Neutral.

iShares Global Materials ETF (MXI) 20-Day simple moving average is 110.68, while iShares Global Materials ETF (MXI) share price is $110.25, making it Sell.

iShares Global Materials ETF (MXI) 60-Day simple moving average is 108.9, while iShares Global Materials ETF (MXI) share price is $110.25, making it Buy.

Technical Analysis for MXI

Technical Sentiment Analysis for iShares Global Materials ETF (MXI). As of 2026-05-22, iShares Global Materials ETF (MXI) is exhibiting a Neutral technical sentiment. Our proprietary analysis, which aggregates 9 technical signals, shows that 5 indicators are flashing buy, while 4 are indicating sell.

Momentum Indicators: RSI, MACD & Overbought/Oversold Status. Currently, the Relative Strength Index (RSI) for MXI stands at 49.34, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at 0.02, providing a Buy signal for short-term momentum. Other oscillators like the Stochastic Oscillator at 36.55 and the Commodity Channel Index (CCI) at -22.04 further confirm a -2.18 outlook for the ETF.

Support, Resistance & Moving Averages. From a structural perspective, MXI is trading above its 60-day moving average of $108.9 and above its 200-day long-term moving average of $99.95. Key price levels to watch include the immediate resistance at $115.41 and strong support at $107.02. A break above $115.41 could signal a bull continuation, while falling below $107.02 may test the next Fibonacci floor at $102.71.

iShares Global Materials ETF (MXI) Support & Resistance Level

Name	S3	S2	S1	Pivot Points	R1	R2	R3
Classic	98.63	102.71	107.02	111.1	115.41	119.49	123.8
Fibonacci	102.71	105.92	107.9	111.1	114.31	116.29	119.49

iShares Global Materials ETF (MXI) Technical Indicators

2026-05-22

Name	Value
Relative Strength Index (RSI)	49.34
Stochastic Oscillator	36.55
Stochastic RSI	27.19
Commodity Channel Index (CCI)	-22.04
Awesome Oscillator	-2.25
Momentum	-2.18
MACD	0.02

iShares Global Materials ETF (MXI) Relative Strength Index (RSI) is 49.34, creating a Neutral signal.

iShares Global Materials ETF (MXI) Stochastic Oscillator is 36.55, creating a Neutral signal.

iShares Global Materials ETF (MXI) Stochastic RSI is 27.19, creating a Neutral signal.

iShares Global Materials ETF (MXI) Commodity Channel Index (CCI) is -22.04, creating a Neutral signal.

iShares Global Materials ETF (MXI) Awesome Oscillator is -2.25, creating a Sell signal.

iShares Global Materials ETF (MXI) Momentum is -2.18, creating a Sell signal.

iShares Global Materials ETF (MXI) MACD is 0.02, creating a Buy signal.

iShares Global Materials ETF (MXI) Moving Average

2026-05-22

Period	Simple	Signal
5-Day	109.3	Buy
10-Day	111.32	Sell
20-Day	110.68	Sell
60-Day	108.9	Buy
200-Day	99.95	Buy
250-Day	97.17	Buy

iShares Global Materials ETF (MXI) 5-Day simple moving average is 109.3, while iShares Global Materials ETF (MXI) share price is $110.25, making it Buy.

iShares Global Materials ETF (MXI) 10-Day simple moving average is 111.32, while iShares Global Materials ETF (MXI) share price is $110.25, making it Sell.

iShares Global Materials ETF (MXI) 20-Day simple moving average is 110.68, while iShares Global Materials ETF (MXI) share price is $110.25, making it Sell.

iShares Global Materials ETF (MXI) 60-Day simple moving average is 108.9, while iShares Global Materials ETF (MXI) share price is $110.25, making it Buy.

iShares Global Materials ETF (MXI) 200-Day simple moving average is 99.95, while iShares Global Materials ETF (MXI) share price is $110.25, making it Buy.

iShares Global Materials ETF (MXI) 250-Day simple moving average is 97.17, while iShares Global Materials ETF (MXI) share price is $110.25, making it Buy.