MXI

Technical Sentiment Analysis for iShares Global Materials ETF (MXI). As of 2026-03-03, iShares Global Materials ETF (MXI) is exhibiting a Sell technical sentiment. Our proprietary analysis, which aggregates 12 technical signals, shows that 5 indicators are flashing buy, while 7 are indicating sell.

Momentum Indicators: RSI, MACD & Overbought/Oversold Status. Currently, the Relative Strength Index (RSI) for MXI stands at 50.51, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at 2.42, providing a Buy signal for short-term momentum. Other oscillators like the Stochastic Oscillator at 75.06 and the Commodity Channel Index (CCI) at -61.36 further confirm a -0.07 outlook for the ETF.

Support, Resistance & Moving Averages. From a structural perspective, MXI is trading above its 60-day moving average of $104.43 and above its 200-day long-term moving average of $93.47. Key price levels to watch include the immediate resistance at $117.85 and strong support at $109.44. A break above $117.85 could signal a bull continuation, while falling below $109.44 may test the next Fibonacci floor at $104.61.