ISHARES GOLD TRUST (IAU) Stock Technical Analysis
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.
The long term trend is positive and the short term trend is neutral. The long term trend gets the benefit of the doubt for now.
When comparing the yearly performance of all stocks, we notice that IAU is one of the better performing stocks in the market, outperforming 78% of all stocks. We also observe that the gains produced by IAU over the past year are nicely spread over this period.
IAU 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 IAU is lagging the market slightly.
IAU has an average volume of 7707060 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
In the last month IAU has a been trading in a tight range between 61.37 and 64.72.
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.
More info and screens
56.33
65.39
We found 2 important support areas.
- A support zone ranging from 60.86 to 62.85. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @56.90 from a trend line in the weekly time frame.
2 important resistance areas can be observed.
- A resistance zone ranging from 63.05 to 63.54. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 64.59 to 64.74. 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 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. |
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)
62.91
-0.62 (-0.98%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-0.98%
1 Week-0.35%
2 Weeks-0.62%
1 Month0.18%
3 Month0.91%
6 Month20.26%
12 Month39.55%
2 Year69.11%
3 Year88.07%
5 Year66.78%
10 Year197.31%
15 Year172.1%
Volatility
ATR(14)0.7
ATR(20)%1.16%
ATR Inc10.91%
Range Today0.43
ADR(20)0.5
ADR(20)%0.79%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS78.68
Mansfield0.49
10 Day High64.72
10 Day Low62.45
20 Day High64.72
20 Day Low61.37
52 Week High65
52 Week Low44.77
CS1 End62.85
CR1 Start63.05
Volume & EV
DER(3)-1.43%
DER(5)2.6%
Volume5.51M
Volume Incr-7.2%
Vol(5)6.13M
Vol(50)7.71M