MXI

Technical Sentiment Analysis for iShares Global Materials ETF (MXI). As of 2026-03-05, iShares Global Materials ETF (MXI) is exhibiting a Buy technical sentiment. Our proprietary analysis, which aggregates 14 technical signals, shows that 8 indicators are flashing buy, while 6 are indicating sell.

Momentum Indicators: RSI, MACD & Overbought/Oversold Status. Currently, the Relative Strength Index (RSI) for MXI stands at 41.58, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at 1.47, providing a Buy signal for short-term momentum. Other oscillators like the Stochastic Oscillator at 25.87 and the Commodity Channel Index (CCI) at -124.36 further confirm a -4.57 outlook for the ETF.

Support, Resistance & Moving Averages. From a structural perspective, MXI is trading above its 60-day moving average of $104.95 and above its 200-day long-term moving average of $93.72. Key price levels to watch include the immediate resistance at $117.7 and strong support at $108.69. A break above $117.7 could signal a bull continuation, while falling below $108.69 may test the next Fibonacci floor at $103.64.