ISHARES MSCI GLOBAL MIN VOL (ACWV) Stock Technical Analysis
USA - NYSEARCA:ACWV - US4642865251 - ETF
119.72 USD
-0.38 (-0.32%)
119.72 USD
0 (0%)
Overall ACWV gets a technical rating of 7 out of 10. Although ACWV is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
Both the short term and long term trends are positive. This is a very positive sign.
ACWV is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
When comparing the performance of all stocks over the past year, ACWV turns out to be only a medium performer in the overall market: it outperformed 48% of all stocks.
In the last month ACWV has a been trading in a tight range between 118.81 and 121.06.
Besides having an excellent technical rating, ACWV also presents a decent setup pattern. Prices have been consolidating lately. A pullback is taking place, which may present a nice opportunity for an entry. There is a support zone below the current price at 119.09, a Stop Loss order could be placed below this zone.
More info and screens
112.12
122.13
When analyzing the support we can see 3 important areas.
- A support zone ranging from 118.61 to 119.09. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 115.32 to 115.95. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @113.25 from a horizontal line in the daily time frame.
We found 1 important resistance area.
- A resistance zone ranging from 119.73 to 120.92. 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 | UP | POSITIVE | The short term trend for ACWV is up. |
| ChartMill Relative Strength | 48.57 | NEUTRAL | ACWV is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of ACWV is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of ACWV is above 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) | 53.16 | NEUTRAL | The RSI value for ACWV is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests ACWV has a negative trend. |
| Stochastics (14,3) | 64.9 | NEUTRAL | The Stochastics value for ACWV is a neutral value. |
| Average True Range in percent/ATR (20) | 0.58 | LOW VOLATILITY | The low ATR as a percentage value for ACWV suggests low volalility. |
| Average Directional Index/ADX (14) | 20.52 | NEUTRAL | The ADX value for ACWV suggests a possible start of a new 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)
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 119.80 | 118.80 | 1.00 (0.83%) | 25.00% |
| An entry @119.80. This is a Buy Stop order right above the 10 day moving average. | An exit @118.80. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 1.00 points, which is 0.83%. | For a 0.21% total portfolio risk, you can invest 25.00% of your capital in this trade. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
119.72
-0.38 (-0.32%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-0.32%
1 Week-0.07%
2 Weeks0.26%
1 Month0.49%
3 Month3.25%
6 Month4.09%
12 Month5.28%
2 Year25.47%
3 Year35.19%
5 Year30.26%
10 Year78.79%
15 YearN/A
Volatility
ATR(14)0.62
ATR(20)%0.58%
ATR Inc10.58%
Range Today0.64
ADR(20)0.58
ADR(20)%0.49%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS48.57
Mansfield-0.66
10 Day High120.99
10 Day Low118.81
20 Day High121.06
20 Day Low118.81
52 Week High121.06
52 Week Low104.94
CS1 End119.09
CR1 Start119.73
Volume & EV
DER(3)-1.65%
DER(5)0.15%
Volume117.10K
Volume Incr27.49%
Vol(5)123.84K
Vol(50)130.77K