ISHARES MSCI GLOBAL MIN VOL (ACWV) Stock Technical Analysis
NYSEARCA:ACWV - NYSE Arca - US4642865251 - ETF - Currency: USD
Taking everything into account, ACWV scores 5 out of 10 in our technical rating. ACWV has been an average performer in the overall market. We also notice some doubts in the very recent evolution, but in the medium term things are still fine.
The long term trend is positive and the short term trend is neutral. The long term trend gets the benefit of the doubt for now.
ACWV is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so ACWV is lagging the market slightly.
When compared to the yearly performance of all other stocks, ACWV outperforms 49% of them, which is more or less in line with the market.
In the last month ACWV has a been trading in a tight range between 115.80 and 119.21.
Volume is considerably higher in the last couple of days.
Although the technical rating is only medium, ACWV does present a nice setup opportunity. Prices have been consolidating lately. There is a support zone below the current price at 117.60, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for ACWV in the last couple of days, which is a good sign. Another positive sign is the recent Pocket Pivot signal.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
106.17
120.28
2 important support areas can be observed.
- A support zone ranging from 113.25 to 117.60. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 107.24 to 107.24. This zone is formed by a combination of multiple trend lines in multiple time frames.
We found 1 important resistance area.
- A resistance zone ranging from 117.79 to 119.09. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | UP | POSITIVE | The long term trend for ACWV is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for ACWV is neutral. |
| ChartMill Relative Strength | 49.01 | NEUTRAL | ACWV is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of ACWV is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of ACWV is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of ACWV is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 49.14 | NEUTRAL | The RSI value for ACWV is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.06 | NEGATIVE | The MACD value suggests ACWV has a negative trend. |
| Stochastics (14,3) | 44.34 | NEUTRAL | The Stochastics value for ACWV is a neutral value. |
| Average True Range in percent/ATR (20) | 0.68 | LOW VOLATILITY | The low ATR as a percentage value for ACWV suggests low volalility. |
| Average Directional Index/ADX (14) | 11.98 | NEGATIVE | The low ADX value for ACWV suggests a weak or negative trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
117.64
+0.51 (+0.44%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg0.44%
1 Week-0.52%
2 Weeks-0.08%
1 Month-1.16%
3 Month2.88%
6 Month7.51%
12 Month9.87%
2 Year18.11%
3 Year20.45%
5 Year29.27%
10 Year65.39%
15 YearN/A
Volatility
ATR(14)0.75
ATR(20)%0.68%
ATR Inc6.96%
Range Today0.66
ADR(20)0.69
ADR(20)%0.59%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS49.01
Mansfield-0.43
10 Day High119.21
10 Day Low117
20 Day High119.21
20 Day Low115.8
52 Week High119.21
52 Week Low104.94
CS1 End117.6
CR1 Start117.79
Volume & EV
DER(3)3.59%
DER(5)1.71%
Volume134.60K
Volume Incr63.26%
Vol(5)259.56K
Vol(50)177.28K