Overall IAUI gets a technical rating of 6 out of 10. Although IAUI is a bad performer in the overall market, the technical picture looks good in both the medium and short term time frames.
IAUI has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 57.77. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 56.95, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for IAUI in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
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52.24
When analyzing the support we can see 2 important areas.
- A support zone ranging from 54.92 to 56.95. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @52.77 from a horizontal line in the daily time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 57.77 to 58.06. 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 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) | 59.61 | NEUTRAL | The RSI value for IAUI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.02 | NEGATIVE | The MACD value suggests IAUI has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 74.36 | NEUTRAL | The Stochastics value for IAUI is a neutral value. |
| Average True Range in percent/ATR (20) | 1.25 | LOW VOLATILITY | The low ATR as a percentage value for IAUI suggests low volalility. |
| Average Directional Index/ADX (14) | 26.63 | POSITIVE | The high ADX value value for IAUI suggests a strong 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 |
|---|---|---|---|
| 58.07 | 55.70 | 2.37 (4.08%) | 24.50% |
| An entry @58.07. This is a Buy Stop order right above the resistance zone. | An exit @55.70. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 2.37 points, which is 4.08%. | For a 1.00% total portfolio risk, you can invest 24.50% of your capital in this trade. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
57.4
-0.34 (-0.59%)
NEOS GOLD HIGH INCOME ETF / IAUI FAQ
Can you provide the ChartMill technical rating for NEOS GOLD HIGH INCOME ETF?
ChartMill assigns a technical rating of 6 / 10 to IAUI.
Can you provide the trend direction for NEOS GOLD HIGH INCOME ETF?
The current trend direction for NEOS GOLD HIGH INCOME ETF (IAUI) is Bullish.
What is the RSI signal for NEOS GOLD HIGH INCOME ETF (IAUI) stock?
NEOS GOLD HIGH INCOME ETF (IAUI) has an RSI value of 59.6083. This indicates that the stock is currently neutral.
What is the buy/sell signal for NEOS GOLD HIGH INCOME ETF (IAUI) stock?
The buy/sell signal for NEOS GOLD HIGH INCOME ETF (IAUI) is buy as both the short term and long term trends are positive.
What are the support and resistance levels for NEOS GOLD HIGH INCOME ETF (IAUI) stock?
NEOS GOLD HIGH INCOME ETF (IAUI) has a support level at 56.95 and a resistance level at 57.77. Check the full technical report for our detailed analysis of IAUI support and resistance levels.