ISHARES CORE MSCI DEV MKTS (IDEV) Stock Technical Analysis
USA - NYSEARCA:IDEV - US46435G3267 - ETF
Taking everything into account, IDEV scores 9 out of 10 in our technical rating. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, IDEV is showing a nice and steady performance.
Besides having an excellent technical rating, IDEV also presents a decent setup pattern. 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 81.77. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 81.11, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for IDEV 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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61.71
5 important support areas can be observed.
- A support zone ranging from 79.52 to 81.11. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @77.69 from a horizontal line in the daily time frame.
- A support zone ranging from 74.68 to 74.68. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @64.13 from a horizontal line in the weekly time frame.
- Support @62.33 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 81.77 to 81.78. 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 | UP | POSITIVE | The long term trend for IDEV is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for IDEV is up. |
| ChartMill Relative Strength | 71.89 | POSITIVE | IDEV has a high relative strength, it outperformed 71.89% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of IDEV is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of IDEV is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of IDEV is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 61.54 | NEUTRAL | The RSI value for IDEV is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.05 | POSITIVE | The MACD value suggests IDEV has a positive trend. |
| Stochastics (14,3) | 94.08 | OVERBOUGHT | The high Stochastics value suggests IDEV may be overbought. |
| Average True Range in percent/ATR (20) | 0.85 | LOW VOLATILITY | The low ATR as a percentage value for IDEV suggests low volalility. |
| Average Directional Index/ADX (14) | 15.74 | NEGATIVE | The low ADX value for IDEV suggests a weak or negative 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 |
|---|---|---|---|
| 81.79 | 80.07 | 1.72 (2.10%) | 25.00% |
| An entry @81.79. This is a Buy Stop order right above the resistance zone. | An exit @80.07. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 1.72 points, which is 2.10%. | For a 0.53% total portfolio risk, you can invest 25.00% of your capital in this trade. |
- 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.
81.76
-0.02 (-0.02%)
ISHARES CORE MSCI DEV MKTS / IDEV FAQ
Can you provide the ChartMill technical rating for ISHARES CORE MSCI DEV MKTS?
ChartMill assigns a technical rating of 9 / 10 to IDEV.
What is the current trend direction of ISHARES CORE MSCI DEV MKTS (IDEV) stock?
The current trend direction for ISHARES CORE MSCI DEV MKTS (IDEV) is Bullish.
What is the RSI signal for IDEV stock?
ISHARES CORE MSCI DEV MKTS (IDEV) has an RSI value of 61.5406. This indicates that the stock is currently neutral.
What is the MACD signal for ISHARES CORE MSCI DEV MKTS (IDEV) stock?
The MACD indicator for ISHARES CORE MSCI DEV MKTS (IDEV) has a value of 0.0526013, indicating a bearish trend.
What is the buy/sell signal for IDEV stock?
The buy/sell signal for ISHARES CORE MSCI DEV MKTS (IDEV) is buy as both the short term and long term trends are positive.