INVESCO AAA CLO F/R NOTE ETF (ICLO) Stock Technical Analysis
NYSEARCA:ICLO - NYSE Arca - US46090A7211 - ETF - Currency: USD
We assign a technical rating of 4 out of 10 to ICLO. In the last year, ICLO was a below average performer in the market. There are positive signs in the very recent evolution, but the medium term picture is still mixed.
Although the technical rating is only medium, ICLO does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 25.67. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 25.59, a Stop Loss order could be placed below this zone.
More info and screens
24.40
When analyzing the support we can see 2 important areas.
- A support zone ranging from 25.37 to 25.59. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 24.65 to 24.65. This zone is formed by a combination of multiple trend lines in multiple time frames.
We found 1 important resistance area.
- A resistance zone ranging from 25.67 to 25.78. 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 ICLO is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for ICLO is up. |
| ChartMill Relative Strength | 35.82 | NEUTRAL | ICLO is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of ICLO is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of ICLO is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of ICLO is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 55.89 | NEUTRAL | The RSI value for ICLO is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests ICLO has a positive trend. |
| Stochastics (14,3) | 84.72 | OVERBOUGHT | The high Stochastics value suggests ICLO may be overbought. |
| Average True Range in percent/ATR (20) | 0.26 | LOW VOLATILITY | The low ATR as a percentage value for ICLO suggests low volalility. |
| Average Directional Index/ADX (14) | 11.23 | NEGATIVE | The low ADX value for ICLO suggests a weak or negative trend. |
NYSEARCA:ICLO (8/13/2025, 4:10:08 PM)
25.65
+0.02 (+0.08%)