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 0.2, suggesting MXI is Strong buy.

iShares Global Materials ETF (MXI) 20-Day simple moving average is 111.2, while iShares Global Materials ETF (MXI) share price is $109.19, making it Sell.

iShares Global Materials ETF (MXI) 60-Day simple moving average is 109.28, while iShares Global Materials ETF (MXI) share price is $109.19, making it Sell.

Technical Analysis for MXI

Technical Sentiment Analysis for iShares Global Materials ETF (MXI). As of 2026-05-05, iShares Global Materials ETF (MXI) is exhibiting a Strong buy technical sentiment. Our proprietary analysis, which aggregates 13 technical signals, shows that 9 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 49.02, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at 0.2, providing a Buy signal for short-term momentum. Other oscillators like the Stochastic Oscillator at 16.98 and the Commodity Channel Index (CCI) at -106.89 further confirm a -1.59 outlook for the ETF.

Support, Resistance & Moving Averages. From a structural perspective, MXI is trading above its 60-day moving average of $109.28 and above its 200-day long-term moving average of $98.34. Key price levels to watch include the immediate resistance at $112.35 and strong support at $107.46. A break above $112.35 could signal a bull continuation, while falling below $107.46 may test the next Fibonacci floor at $105.02.

iShares Global Materials ETF (MXI) Support & Resistance Level

Name	S3	S2	S1	Pivot Points	R1	R2	R3
Classic	102.57	105.02	107.46	109.91	112.35	114.8	117.24
Fibonacci	105.02	106.88	108.04	109.91	111.77	112.93	114.8

iShares Global Materials ETF (MXI) Technical Indicators

2026-05-05

Name	Value
Relative Strength Index (RSI)	49.02
Stochastic Oscillator	16.98
Stochastic RSI	19.45
Commodity Channel Index (CCI)	-106.89
Awesome Oscillator	0.94
Momentum	-1.59
MACD	0.2

iShares Global Materials ETF (MXI) Relative Strength Index (RSI) is 49.02, creating a Neutral signal.

iShares Global Materials ETF (MXI) Stochastic Oscillator is 16.98, creating a Buy signal.

iShares Global Materials ETF (MXI) Stochastic RSI is 19.45, creating a Buy signal.

iShares Global Materials ETF (MXI) Commodity Channel Index (CCI) is -106.89, creating a Buy signal.

iShares Global Materials ETF (MXI) Awesome Oscillator is 0.94, creating a Buy signal.

iShares Global Materials ETF (MXI) Momentum is -1.59, creating a Sell signal.

iShares Global Materials ETF (MXI) MACD is 0.2, creating a Buy signal.

iShares Global Materials ETF (MXI) Moving Average

2026-05-05

Period	Simple	Signal
5-Day	108.83	Buy
10-Day	109.91	Sell
20-Day	111.2	Sell
60-Day	109.28	Sell
200-Day	98.34	Buy
250-Day	95.74	Buy

iShares Global Materials ETF (MXI) 5-Day simple moving average is 108.83, while iShares Global Materials ETF (MXI) share price is $109.19, making it Buy.

iShares Global Materials ETF (MXI) 10-Day simple moving average is 109.91, while iShares Global Materials ETF (MXI) share price is $109.19, making it Sell.

iShares Global Materials ETF (MXI) 20-Day simple moving average is 111.2, while iShares Global Materials ETF (MXI) share price is $109.19, making it Sell.

iShares Global Materials ETF (MXI) 60-Day simple moving average is 109.28, while iShares Global Materials ETF (MXI) share price is $109.19, making it Sell.

iShares Global Materials ETF (MXI) 200-Day simple moving average is 98.34, while iShares Global Materials ETF (MXI) share price is $109.19, making it Buy.

iShares Global Materials ETF (MXI) 250-Day simple moving average is 95.74, while iShares Global Materials ETF (MXI) share price is $109.19, making it Buy.