We assign a technical rating of 7 out of 10 to BELT. Although BELT is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
Besides having an excellent technical rating, BELT also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 34.95. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 34.71, a Stop Loss order could be placed below this zone.
32.01
2 important support areas can be observed.
When analyzing the resistance we notice one important area.
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 BELT is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for BELT is up. |
| ChartMill Relative Strength | 56.87 | NEUTRAL | BELT is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of BELT is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of BELT is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of BELT is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 58.06 | NEUTRAL | The RSI value for BELT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests BELT has a positive trend. |
| Stochastics (14,3) | 89.26 | OVERBOUGHT | The high Stochastics value suggests BELT may be overbought. |
| Average True Range in percent/ATR (20) | 0.87 | LOW VOLATILITY | The low ATR as a percentage value for BELT suggests low volalility. |
| Average Directional Index/ADX (14) | 8.56 | NEGATIVE | The low ADX value for BELT suggests a weak or negative trend. |
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 |
|---|---|---|---|
| 35.08 | 34.02 | 1.06 (3.02%) | 25.00% |
| An entry @35.08. This is a Buy Stop order right above the resistance zone. | An exit @34.02. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 1.06 points, which is 3.02%. | For a 0.76% total portfolio risk, you can invest 25.00% of your capital in this trade. |
NASDAQ:BELT (1/29/2026, 8:00:02 PM)
34.9427
-0.01 (-0.03%)
ChartMill assigns a technical rating of 7 / 10 to BELT.
The current trend direction for ISHARES U.S. SELECT EQUITY A (BELT) is Bullish.
ISHARES U.S. SELECT EQUITY A (BELT) has an RSI value of 58.058. This indicates that the stock is currently neutral.
The buy/sell signal for ISHARES U.S. SELECT EQUITY A (BELT) is buy as both the short term and long term trends are positive.
ISHARES U.S. SELECT EQUITY A (BELT) has a support level at 34.71 and a resistance level at 34.95. Check the full technical report for our detailed analysis of BELT support and resistance levels.