NYSEARCA:IAU - NYSE Arca - US4642852044 - ETF - Currency: USD
Taking everything into account, IAU scores 8 out of 10 in our technical rating. Both in the recent history as in the last year, IAU has proven to be a steady performer, scoring decent points in every aspect analyzed.
IAU has an excellent technical rating, but the quality of the setup is only medium 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.
56.33
We found 2 important support areas.
2 important resistance areas can be observed.
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 IAU is up. |
ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for IAU is neutral. |
ChartMill Relative Strength | 78.68 | POSITIVE | IAU has a high relative strength, it outperformed 78.68% off all stocks on the market. |
Simple Moving Average/SMA (20) | UP | MIXED | The current price of IAU is below the rising SMA(20). |
Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of IAU is above the rising SMA(50). |
Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of IAU is above the rising SMA(200). |
Relative Strength Index/RSI (14) | 48.14 | NEUTRAL | The RSI value for IAU is a neutral value. |
Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.03 | POSITIVE | The MACD value suggests IAU has a positive trend, although the MACD value is declining. |
Stochastics (14,3) | 53.93 | NEUTRAL | The Stochastics value for IAU is a neutral value. |
Average True Range in percent/ATR (20) | 1.16 | LOW VOLATILITY | The low ATR as a percentage value for IAU suggests low volalility. |
Average Directional Index/ADX (14) | 10.61 | NEGATIVE | The low ADX value for IAU suggests a weak or negative trend. |
62.91
-0.62 (-0.98%)