ISHARES ESG ADV INV GR CB (ELQD) Stock Technical Analysis
NYSEARCA:ELQD - NYSE Arca - US46436E4373 - ETF - Currency: USD
We assign a technical rating of 4 out of 10 to ELQD. In the last year, ELQD was a below average performer in the market. There are positive signs in the very recent evolution, but the medium term picture is still mixed.
Although the technical rating is only medium, ELQD does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is very little resistance above the current price. There is a support zone below the current price at 81.71, a Stop Loss order could be placed below this zone. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- 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.
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78.09
When analyzing the support we notice one important area.
- A support zone ranging from 78.88 to 81.71. 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 83.20 to 85.61. 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 ELQD is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for ELQD is up. |
| ChartMill Relative Strength | 36.21 | NEUTRAL | ELQD is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of ELQD is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of ELQD is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of ELQD is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 57.65 | NEUTRAL | The RSI value for ELQD is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests ELQD has a positive trend. |
| Stochastics (14,3) | 85.82 | OVERBOUGHT | The high Stochastics value suggests ELQD may be overbought. |
| Average True Range in percent/ATR (20) | 0.27 | LOW VOLATILITY | The low ATR as a percentage value for ELQD suggests low volalility. |
| Average Directional Index/ADX (14) | 11.45 | NEGATIVE | The low ADX value for ELQD suggests a weak or negative trend. |
NYSEARCA:ELQD (7/25/2025, 8:04:00 PM)
81.985
+0.22 (+0.27%)