Fxi stock price forecast over the past month

Over the past month, volume spikes have coincided with upward revisions in the "FXI stock price forecast", suggesting improved market breadth in the underlying A-shares and Hong Kong listings. The Institute of Supply Management's benchmark survey of manufacturing activity showed the first expansive reading in sixteen months, coming in at 50.8, with a subindex of prices paid jumping to multi-year highs. "A technical 'cup and handle' formation in short interest may signal further bearish pressure. With options pricing a 9% move [up or down], and shorts already sitting on $11.5B in YTD gains, positioning remains heavily tilted against the stock," according to S3's Matthew Unterman. Quant-based analysts tracking beta coefficients expect the "FXI stock price forecast" to slightly outperform the MSCI Emerging Markets index if current macro momentum persists.