MXI

Technical Sentiment Analysis for iShares Global Materials ETF (MXI). As of 2026-07-07, iShares Global Materials ETF (MXI) is exhibiting a Strong sell technical sentiment. Our proprietary analysis, which aggregates 14 technical signals, shows that 4 indicators are flashing buy, while 10 are indicating sell.

Momentum Indicators: RSI, MACD & Overbought/Oversold Status. Currently, the Relative Strength Index (RSI) for MXI stands at 43.12, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at -1.09, providing a Sell signal for short-term momentum. Other oscillators like the Stochastic Oscillator at 27.14 and the Commodity Channel Index (CCI) at -62.05 further confirm a -3.16 outlook for the ETF.

Support, Resistance & Moving Averages. From a structural perspective, MXI is trading above its 60-day moving average of $110.51 and above its 200-day long-term moving average of $102.87. Key price levels to watch include the immediate resistance at $108.39 and strong support at $104.93. A break above $108.39 could signal a bull continuation, while falling below $104.93 may test the next Fibonacci floor at $103.28.