Direxion iBillionaire Index ETF (IBLN) Stock Technical Analysis
NYSEARCA:IBLN - NYSE Arca -
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 long term trend is neutral, but the short term trend is negative. Better to stay away from this!
When compared to the yearly performance of all other stocks, IBLN outperforms 69% of them, which is more or less in line with the market.
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 has a bad technical rating, but it does show a decent setup pattern. 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
31.12
35.64
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.
When analyzing the resistance we notice 2 important areas.
- 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.
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. |
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)
Direxion iBillionaire Index ETF
NYSEARCA:IBLN (4/6/2018, 8:24:48 PM)
32.96
-0.4 (-1.2%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-1.2%
1 Week-0.3%
2 Weeks-1.9%
1 Month-4.46%
3 Month-1.82%
6 Month4.83%
12 Month20.03%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.59
ATR(20)%1.54%
ATR Inc16.01%
Range Today0.1
ADR(20)N/A
ADR(20)%N/A
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS69.28
Mansfield0.45
10 Day High33.64
10 Day Low32.18
20 Day High35.52
20 Day Low32.18
52 Week High35.52
52 Week Low27.08
CS1 End32.88
CR1 Start33.38
Volume & EV
DER(3)2.63%
DER(5)1.58%
Volume9.00K
Volume Incr-3.5%
Vol(5)8.54K
Vol(50)6.63K