Overall IAK gets a technical rating of 6 out of 10. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, IAK is only an average performer.
IAK has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is a support zone below the current price at 134.46, 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.
More info and screens
120.62
When analyzing the support we can see 5 important areas.
- A support zone ranging from 133.51 to 134.46. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @131.35 from a horizontal line in the daily time frame.
- Support @128.54 from a trend line in the weekly time frame.
- A support zone ranging from 125.36 to 125.90. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @121.84 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 135.95 to 138.65. 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 IAK is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for IAK is neutral. |
| ChartMill Relative Strength | 53.25 | NEUTRAL | IAK is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of IAK is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of IAK is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of IAK is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 48.54 | NEUTRAL | The RSI value for IAK is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.38 | NEGATIVE | The MACD value suggests IAK has a negative trend. |
| Stochastics (14,3) | 31.94 | NEUTRAL | The Stochastics value for IAK is a neutral value. |
| Average True Range in percent/ATR (20) | 1.15 | LOW VOLATILITY | The low ATR as a percentage value for IAK suggests low volalility. |
| Average Directional Index/ADX (14) | 16.58 | NEGATIVE | The low ADX value for IAK 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 |
|---|---|---|---|
| 135.96 | 133.75 | 2.21 (1.63%) | 25.00% |
| An entry @135.96. This is a Buy Stop order right above the 10 day moving average. | An exit @133.75. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 2.21 points, which is 1.63%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.41%. |
- 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.
134.97
-1.04 (-0.77%)
ISHARES U.S. INSURANCE ETF / IAK FAQ
Can you provide the ChartMill technical rating for ISHARES U.S. INSURANCE ETF?
ChartMill assigns a technical rating of 6 / 10 to IAK.
What is the current trend direction of ISHARES U.S. INSURANCE ETF (IAK) stock?
The current trend direction for ISHARES U.S. INSURANCE ETF (IAK) is Bullish.
Can you provide the RSI signal for ISHARES U.S. INSURANCE ETF?
ISHARES U.S. INSURANCE ETF (IAK) has an RSI value of 48.5449. This indicates that the stock is currently neutral.
What is the MACD signal for ISHARES U.S. INSURANCE ETF (IAK) stock?
The MACD indicator for ISHARES U.S. INSURANCE ETF (IAK) has a value of -0.38015, indicating a bearish trend.
What is the support and resistance level for IAK stock?
ISHARES U.S. INSURANCE ETF (IAK) has a support level at 134.46 and a resistance level at 135.95. Check the full technical report for our detailed analysis of IAK support and resistance levels.