ISHARES U.S. INSURANCE ETF (IAK) Stock Technical Analysis
NYSEARCA:IAK • US4642887867
Overall IAK gets a technical rating of 5 out of 10. This is due to a decent performance in both the short and longer term time frames. Compared to the overall market however, IAK is a bad performer.
- When comparing the yearly performance of all stocks, IAK is a bad performer in the overall market: 67% of all stocks are doing better.
- The short term is neutral, but the long term trend is still positive. Not much to worry about for now.
- IAK is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so IAK is lagging the market slightly.
- In the last month IAK has a been trading in the 129.91 - 138.65 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
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 133.96, a Stop Loss order could be placed below this zone.
More info and screens
120.62
3 important support areas can be observed.
- A support zone ranging from 130.02 to 133.96. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 125.36 to 127.07. 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.
We can see 2 important resistance areas.
- A resistance zone ranging from 134.25 to 135.07. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 137.31 to 138.64. 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 IAK is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for IAK is neutral. |
| ChartMill Relative Strength | 33.7 | 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 | MIXED | The current price of IAK is below 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) | 49.35 | NEUTRAL | The RSI value for IAK is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.03 | POSITIVE | The MACD value suggests IAK has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 35.87 | NEUTRAL | The Stochastics value for IAK is a neutral value. |
| Average True Range in percent/ATR (20) | 1.54 | LOW VOLATILITY | The low ATR as a percentage value for IAK suggests low volalility. |
| Average Directional Index/ADX (14) | 19.35 | NEGATIVE | The low ADX value for IAK suggests a weak or negative trend. |
134.151
-1.51 (-1.11%)
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 5 / 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 49.3547. 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 0.0300292, 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 133.96 and a resistance level at 134.25. Check the full technical report for our detailed analysis of IAK support and resistance levels.