Overall IAUI gets a technical rating of 7 out of 10. This is due to a decent performance in both the short and longer term time frames. Compared to the overall market however, IAUI is a bad performer.
Although IAUI has an excellent technical rating, the quality of the presented setup is not ideal 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.
47.81
3 important support areas can be observed.
We found 1 important resistance area.
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 IAUI is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for IAUI is up. |
| ChartMill Relative Strength | 0 | NEGATIVE | IAUI has a low relative strength, it was outperformed by 100% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of IAUI is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of IAUI is above the rising SMA(50). |
| Relative Strength Index/RSI (14) | 62.52 | NEUTRAL | The RSI value for IAUI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.06 | POSITIVE | The MACD value suggests IAUI has a positive trend. |
| Stochastics (14,3) | 79.71 | NEUTRAL | The Stochastics value for IAUI is a neutral value. |
| Average True Range in percent/ATR (20) | 1.21 | LOW VOLATILITY | The low ATR as a percentage value for IAUI suggests low volalility. |
| Average Directional Index/ADX (14) | 17.61 | NEGATIVE | The low ADX value for IAUI suggests a weak or negative trend. |
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 56.03 | 53.54 | 2.49 (4.44%) | 22.50% |
| An entry @56.03. This is a Buy Stop order right above the resistance zone. | An exit @53.54. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 2.49 points, which is 4.44%. | For a 1.00% total portfolio risk, you can invest 22.50% of your capital in this trade. |
55.47
+0.25 (+0.45%)
ChartMill assigns a technical rating of 7 / 10 to IAUI.
The current trend direction for NEOS GOLD HIGH INCOME ETF (IAUI) is Bullish.
NEOS GOLD HIGH INCOME ETF (IAUI) has an RSI value of 62.5194. This indicates that the stock is currently neutral.
The buy/sell signal for NEOS GOLD HIGH INCOME ETF (IAUI) is buy as both the short term and long term trends are positive.
NEOS GOLD HIGH INCOME ETF (IAUI) has a support level at 54.71 and a resistance level at 55.48. Check the full technical report for our detailed analysis of IAUI support and resistance levels.