ISHARES GOLD TRUST MICRO (IAUM) Stock Technical Analysis
USA - NYSEARCA:IAUM - US46436F1030 - ETF
36.34 USD
+0.08 (+0.22%)
36.44 USD
+0.1 (+0.28%)
Overall IAUM gets a technical rating of 10 out of 10. Both in the recent history as in the last year, IAUM 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.
When comparing the yearly performance of all stocks, we notice that IAUM is one of the better performing stocks in the market, outperforming 81% of all stocks. On top of that, IAUM also shows a nice and consistent pattern of rising prices.
IAUM 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 IAUM has a been trading in the 33.05 - 36.64 range, which is quite wide. It is currently trading near the high of this range.
IAUM has an average volume of 2521570 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Although IAUM has an excellent technical rating, it does not present a decent entry opportunity 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
30.70
36.71
We found 3 important support areas.
- A support zone ranging from 33.90 to 34.09. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 32.18 to 32.93. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @31.01 from a trend line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 36.35 to 36.35. 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 IAUM is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for IAUM is up. |
| ChartMill Relative Strength | 81.51 | POSITIVE | IAUM has a high relative strength, it outperformed 81.51% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of IAUM is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of IAUM is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of IAUM is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 76.84 | OVERBOUGHT | The high RSI value suggests IAUM may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.19 | POSITIVE | The MACD value suggests IAUM has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 90.01 | OVERBOUGHT | The high Stochastics value suggests IAUM may be overbought. |
| Average True Range in percent/ATR (20) | 0.89 | LOW VOLATILITY | The low ATR as a percentage value for IAUM suggests low volalility. |
| Average Directional Index/ADX (14) | 34.62 | POSITIVE | The high ADX value value for IAUM 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)
36.34
+0.08 (+0.22%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg0.22%
1 Week1.37%
2 Weeks6.51%
1 Month9.23%
3 Month6.13%
6 Month22.07%
12 Month41.02%
2 Year96.96%
3 Year119.05%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.35
ATR(20)%0.89%
ATR Inc-41.95%
Range Today0.13
ADR(20)0.25
ADR(20)%0.69%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS81.51
Mansfield0.87
10 Day High36.64
10 Day Low34.07
20 Day High36.64
20 Day Low33.06
52 Week High36.64
52 Week Low25.41
CS1 End34.09
CR1 Start36.35
Volume & EV
DER(3)-2.18%
DER(5)-3.14%
Volume1.08M
Volume Incr-17.2%
Vol(5)2.01M
Vol(50)2.52M