ISHARES US REGIONAL BANKS ET (IAT) Stock Technical Analysis
USA - NYSEARCA:IAT - US4642887784 - ETF
48.96 USD
-2.31 (-4.51%)
49.5 USD
+0.54 (+1.1%)
We assign a technical rating of 0 out of 10 to IAT. IAT's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
68% of all other stocks performed better in the past year than IAT.
In the last month IAT has a been trading in the 48.96 - 54.06 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been falling strongly lately, it is better to avoid new long positions here.
Volume is considerably higher in the last couple of days. In combination with the strong move down this is a bad signal.
The short term trend is negative, the long term trend is neutral. Not much exciting going on here.
IAT is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so IAT is lagging the market.
The technical rating of IAT is bad and it also does not present a quality setup at the moment. Prices have been extended to the downside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
39.33
55.06
When analyzing the support we can see 2 important areas.
- A support zone ranging from 48.95 to 48.95. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @39.73 from a horizontal line in the weekly time frame.
2 important resistance areas can be observed.
- A resistance zone ranging from 51.58 to 52.41. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 53.56 to 54.51. 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 | NEUTRAL | NEUTRAL | The long term trend for IAT is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for IAT is down. |
| ChartMill Relative Strength | 32.56 | NEUTRAL | IAT is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of IAT is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of IAT is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of IAT is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 24.58 | OVERSOLD | The low RSI value suggests IAT may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.37 | NEGATIVE | The MACD value suggests IAT has a negative trend. |
| Stochastics (14,3) | 4.26 | OVERSOLD | The low Stochastics value suggests IAT may be oversold. |
| Average True Range in percent/ATR (20) | 2.06 | MEDIUM VOLATILITY | The ATR as a percentage value for IAT suggests some volalility. |
| Average Directional Index/ADX (14) | 15.43 | NEGATIVE | The low ADX value for IAT suggests a weak or negative 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)
48.96
-2.31 (-4.51%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-4.51%
1 Week-6.38%
2 Weeks-7.87%
1 Month-8.67%
3 Month-6.28%
6 Month20.86%
12 Month0.37%
2 Year53.72%
3 Year-2.7%
5 Year34.03%
10 Year41.14%
15 Year125.41%
Volatility
ATR(14)0.99
ATR(20)%2.06%
ATR Inc85.14%
Range Today2.59
ADR(20)0.98
ADR(20)%1.99%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS32.56
Mansfield-1
10 Day High53.41
10 Day Low48.96
20 Day High54.06
20 Day Low48.96
52 Week High57.69
52 Week Low38.3
CS1 End48.95
CR1 Start51.58
Volume & EV
DER(3)-5.03%
DER(5)-2.32%
Volume849.60K
Volume Incr26.19%
Vol(5)480.54K
Vol(50)334.40K