Direxion iBillionaire Index ETF (IBLN) Technical Analysis
NYSEARCA:IBLN
Current stock price
IBLN Technical Rating and Analysis
Overall IBLN gets a technical rating of 1 out of 10. IBLN has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
- In the last month IBLN has a been trading in the 32.18 - 35.52 range, which is quite wide. It is currently trading near the lows of this range.
- Warning: IBLN has an average volume of 6630 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
- The short term trend is negative, the long term trend is neutral. Not much exciting going on here.
- When comparing the performance of all stocks over the past year, IBLN turns out to be only a medium performer in the overall market: it outperformed 69% of all stocks.
- IBLN is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so IBLN is lagging the market.
IBLN Weekly and Daily overview Charts
IBLN Setup Rating and Analysis
Although the technical rating is bad, IBLN does present a nice setup opportunity. Prices have been consolidating lately. There is a support zone below the current price at 32.88, a Stop Loss order could be placed below this zone.
More info and screens
IBLN Support and Resistance Analysis
31.12
We found 1 important support area.
- A support zone ranging from 31.43 to 32.88. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
2 important resistance areas can be observed.
- A resistance zone ranging from 33.38 to 33.79. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 35.03 to 35.29. This zone is formed by a combination of multiple trend lines in multiple time frames.
IBLN Technical Indicator Signal Analysis
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 | NEUTRAL | NEUTRAL | The long term trend for IBLN is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for IBLN is down. |
| ChartMill Relative Strength | 69.28 | NEUTRAL | IBLN is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of IBLN is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of IBLN is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of IBLN is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 45.05 | NEUTRAL | The RSI value for IBLN is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.1 | NEGATIVE | The MACD value suggests IBLN has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 28.38 | NEUTRAL | The Stochastics value for IBLN is a neutral value. |
| Average True Range in percent/ATR (20) | 1.54 | LOW VOLATILITY | The low ATR as a percentage value for IBLN suggests low volalility. |
IBLN Chart- and CandleStick Pattern Analysis
IBLN Technicals: Chart, Performance Metrics, Trend & Indicators
Direxion iBillionaire Index ETF
NYSEARCA:IBLN (4/6/2018, 8:24:48 PM)
32.96
-0.4 (-1.2%)
Direxion iBillionaire Index ETF / IBLN TA FAQ
Can you provide the ChartMill technical rating for Direxion iBillionaire Index ETF?
ChartMill assigns a technical rating of 1 / 10 to IBLN.
Can you provide the trend direction for Direxion iBillionaire Index ETF?
The current trend direction for Direxion iBillionaire Index ETF (IBLN) is Bearish.
What is the RSI signal for IBLN stock?
Direxion iBillionaire Index ETF (IBLN) has an RSI value of 45.0462. This indicates that the stock is currently neutral.
What is the MACD signal for IBLN stock?
The MACD indicator for Direxion iBillionaire Index ETF (IBLN) has a value of -0.0983634, indicating a bearish trend.