We assign a technical rating of 7 out of 10 to IAUI. 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.
Besides having an excellent technical rating, IAUI also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 57.06, 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 55.51 to 57.06. 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.
We found 1 important resistance area.
- A resistance zone ranging from 58.61 to 58.61. 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) | 67.15 | NEUTRAL | The RSI value for IAUI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.09 | POSITIVE | The MACD value suggests IAUI has a positive trend. |
| Stochastics (14,3) | 89.55 | OVERBOUGHT | The high Stochastics value suggests IAUI may be overbought. |
| Average True Range in percent/ATR (20) | 1.27 | LOW VOLATILITY | The low ATR as a percentage value for IAUI suggests low volalility. |
| Average Directional Index/ADX (14) | 26.86 | 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 |
|---|---|---|---|
| 58.62 | 55.70 | 2.92 (4.98%) | 20.08% |
| An entry @58.62. 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 worst case loss on the trade is limited to 2.92 points, which is 4.98%. | When investing 20.08% of your capital in this trade, your total portfolio risk will be 1.00%. |
- 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.
58.6
+0.68 (+1.17%)
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 7 / 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 67.1456. 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 57.06 and a resistance level at 58.61. Check the full technical report for our detailed analysis of IAUI support and resistance levels.