ISHARES GOLD TRUST (IAU) Stock Technical Analysis
USA - NYSEARCA:IAU - US4642852044 - ETF
75.58 USD
+0.75 (+1%)
75.85 USD
+0.27 (+0.36%)
Taking everything into account, IAU scores 10 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.
Both the short term and long term trends are positive. This is a very positive sign.
Looking at the yearly performance, IAU did better than 88% of all other stocks. On top of that, IAU also shows a nice and consistent pattern of rising prices.
IAU is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
In the last month IAU has a been trading in the 68.35 - 76.49 range, which is quite wide. It is currently trading near the high of this range.
IAU has an average volume of 8064260 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Volume is considerably higher in the last couple of days.
Although IAU has an excellent technical rating, it does not offer a high quality setup 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
59.07
76.34
5 important support areas can be observed.
- A support zone ranging from 67.69 to 68.71. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @66.01 from a trend line in the daily time frame.
- A support zone ranging from 62.26 to 63.24. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Support @60.86 from a horizontal line in the daily time frame.
- Support @59.67 from a trend line in the weekly time frame.
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 | UP | POSITIVE | The short term trend for IAU is up. |
| ChartMill Relative Strength | 88.69 | POSITIVE | IAU has a high relative strength, it outperformed 88.69% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of IAU is above 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) | 75.31 | OVERBOUGHT | The high RSI value suggests IAU may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.21 | POSITIVE | The MACD value suggests IAU has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 85.61 | OVERBOUGHT | The high Stochastics value suggests IAU may be overbought. |
| Average True Range in percent/ATR (20) | 1.3 | LOW VOLATILITY | The low ATR as a percentage value for IAU suggests low volalility. |
| Average Directional Index/ADX (14) | 47.06 | POSITIVE | The high ADX value value for IAU suggests a strong 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)
75.58
+0.75 (+1%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg1%
1 Week3.22%
2 Weeks6.47%
1 Month10.05%
3 Month19.4%
6 Month23.98%
12 Month50.68%
2 Year101.06%
3 Year143.96%
5 Year111.24%
10 Year242.92%
15 Year184.56%
Volatility
ATR(14)1.05
ATR(20)%1.3%
ATR Inc60.35%
Range Today0.99
ADR(20)0.78
ADR(20)%1.04%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS88.69
Mansfield1.82
10 Day High76.49
10 Day Low71.84
20 Day High76.49
20 Day Low68.35
52 Week High76.49
52 Week Low48.29
CS1 End68.71
CR1 StartN/A
Volume & EV
DER(3)-0.75%
DER(5)-1.47%
Volume12.97M
Volume Incr42.7%
Vol(5)13.20M
Vol(50)8.06M