Overall IAK gets a technical rating of 7 out of 10. Although IAK is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
Although IAK has an excellent technical rating, it does not present a decent entry opportunity 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
120.62
We found 4 important support areas.
- A support zone ranging from 131.35 to 134.46. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @128.33 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 135.10 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 | 56.26 | 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) | 48.76 | NEUTRAL | The RSI value for IAK is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.26 | NEGATIVE | The MACD value suggests IAK has a negative trend. |
| Stochastics (14,3) | 50.33 | NEUTRAL | The Stochastics value for IAK is a neutral value. |
| Average True Range in percent/ATR (20) | 1 | LOW VOLATILITY | The low ATR as a percentage value for IAK suggests low volalility. |
| Average Directional Index/ADX (14) | 19.18 | NEGATIVE | The low ADX value for IAK suggests a weak or negative trend. |
135.03
-1.12 (-0.82%)
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 7 / 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 48.76. 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 -0.264879, 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 135.1. Check the full technical report for our detailed analysis of IAK support and resistance levels.