ISHARES FLEX I A ETF-USD INC (BINC) Stock Technical Analysis
USA - NYSEARCA:BINC - US0925286033 - ETF
53.32 USD
+0.03 (+0.06%)
53.22 USD
-0.1 (-0.19%)
We assign a technical rating of 6 out of 10 to BINC. Although BINC is a bad performer in the overall market, the technical picture looks good in both the medium and short term time frames.
When comparing the yearly performance of all stocks, BINC is a bad performer in the overall market: 64% of all stocks are doing better.
Both the short term and long term trends are positive. This is a very positive sign.
BINC 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.
BINC has an average volume of 1879790 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
In the last month BINC has a been trading in a tight range between 52.77 and 53.48.
Volume is considerably higher in the last couple of days.
BINC has an average technical rating and the quality of the presented setup is also not ideal at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
50.61
54.10
When analyzing the support we notice one important area.
- A support zone ranging from 51.12 to 53.30. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 53.33 to 53.56. This zone is formed by a combination of multiple trend lines 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 BINC is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for BINC is up. |
| ChartMill Relative Strength | 36.59 | NEUTRAL | BINC is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of BINC is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of BINC is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of BINC is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 64.35 | NEUTRAL | The RSI value for BINC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests BINC has a negative trend. |
| Stochastics (14,3) | 73.61 | NEUTRAL | The Stochastics value for BINC is a neutral value. |
| Average True Range in percent/ATR (20) | 0.18 | LOW VOLATILITY | The low ATR as a percentage value for BINC suggests low volalility. |
| Average Directional Index/ADX (14) | 31.65 | POSITIVE | The high ADX value value for BINC suggests a strong 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 |
|---|---|---|---|
| 53.49 | 53.17 | 0.32 (0.60%) | 25.00% |
| An entry @53.49. This is a Buy Stop order right above the 10 day high. | An exit @53.17. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 0.32 points, which is 0.60%. | For a 0.15% 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.
53.32
+0.03 (+0.06%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg0.06%
1 Week-0.06%
2 Weeks0.23%
1 Month0.62%
3 Month1.06%
6 Month1.85%
12 Month-0.43%
2 Year5.71%
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.09
ATR(20)%0.18%
ATR Inc-60.59%
Range Today0.04
ADR(20)0.07
ADR(20)%0.13%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS36.59
Mansfield-0.88
10 Day High53.48
10 Day Low53.18
20 Day High53.48
20 Day Low52.77
52 Week High53.56
52 Week Low50.84
CS1 End53.3
CR1 Start53.33
Volume & EV
DER(3)0.83%
DER(5)1.62%
Volume2.25M
Volume Incr14.93%
Vol(5)2.65M
Vol(50)1.88M