Taking everything into account, IDIV scores 0 out of 10 in our technical rating. IDIV scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
Although the technical rating is bad, IDIV does present a nice setup opportunity. Prices have been consolidating lately. There is a support zone below the current price at 6.79, a Stop Loss order could be placed below this zone.
More info and screens
6.69
We found 1 important support area.
- A support zone ranging from 6.76 to 6.79. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 6.96 to 7.35. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 7.79 to 7.85. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @8.08 from a horizontal line in the daily time frame.
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 | DOWN | NEGATIVE | The long term trend for IDIV is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for IDIV is down. |
| ChartMill Relative Strength | 29.37 | NEGATIVE | IDIV has a low relative strength, it was outperformed by 70.63% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of IDIV is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of IDIV is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of IDIV is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 43.79 | NEUTRAL | The RSI value for IDIV is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests IDIV has a negative trend. |
| Stochastics (14,3) | 55.96 | NEUTRAL | The Stochastics value for IDIV is a neutral value. |
| Average True Range in percent/ATR (20) | 1.72 | LOW VOLATILITY | The low ATR as a percentage value for IDIV suggests low volalility. |
| Average Directional Index/ADX (14) | 22.85 | NEUTRAL | The ADX value for IDIV suggests a possible start of a new trend. |
NYSEARCA:IDIV (12/9/2022, 8:04:00 PM)
6.96
-0.1 (-1.42%)
METAURUS US EQUITY CUMULATIV / IDIV FAQ
What is the ChartMill technical rating of METAURUS US EQUITY CUMULATIV (IDIV) stock?
ChartMill assigns a technical rating of 0 / 10 to IDIV.
What is the current trend direction of METAURUS US EQUITY CUMULATIV (IDIV) stock?
The current trend direction for METAURUS US EQUITY CUMULATIV (IDIV) is Bearish.
What is the RSI signal for IDIV stock?
METAURUS US EQUITY CUMULATIV (IDIV) has an RSI value of 43.7923. This indicates that the stock is currently neutral.
What is the MACD signal for METAURUS US EQUITY CUMULATIV (IDIV) stock?
The MACD indicator for METAURUS US EQUITY CUMULATIV (IDIV) has a value of -0.00740643, indicating a bearish trend.
Can you provide the short term momentum for METAURUS US EQUITY CUMULATIV?
The short term momentum for METAURUS US EQUITY CUMULATIV (IDIV) is negative.