ISHARES US UTILITIES ETF (IDU) Stock Technical Analysis
NYSEARCA:IDU - NYSE Arca - US4642876977 - ETF - Currency: USD
Taking everything into account, IDU scores 8 out of 10 in our technical rating. Although IDU is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
The long and short term trends are both positive. This is looking good!
IDU is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
In the last month IDU has a been trading in the 103.52 - 111.38 range, which is quite wide. It is currently trading near the high of this range.
When compared to the yearly performance of all other stocks, IDU outperforms 68% of them, which is more or less in line with the market.
Volume is considerably higher in the last couple of days.
Although IDU has an excellent technical rating, it does not offer a high quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
93.04
112.28
When analyzing the support we can see 3 important areas.
- A support zone ranging from 105.47 to 108.77. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 101.55 to 101.72. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 93.98 to 96.25. 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 110.04 to 111.17. 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 IDU is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for IDU is up. |
| ChartMill Relative Strength | 68.89 | NEUTRAL | IDU is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of IDU is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of IDU is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of IDU is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 64.88 | NEUTRAL | The RSI value for IDU is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.28 | POSITIVE | The MACD value suggests IDU has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 89.01 | OVERBOUGHT | The high Stochastics value suggests IDU may be overbought. |
| Average True Range in percent/ATR (20) | 1.18 | LOW VOLATILITY | The low ATR as a percentage value for IDU suggests low volalility. |
| Average Directional Index/ADX (14) | 26.57 | POSITIVE | The high ADX value value for IDU suggests a strong trend. |
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)
110.03
-1.14 (-1.03%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-1.03%
1 Week1.51%
2 Weeks1.44%
1 Month6.1%
3 Month6.61%
6 Month10.11%
12 Month17.24%
2 Year40.56%
3 Year20.3%
5 Year50.36%
10 Year108.11%
15 Year195.42%
Volatility
ATR(14)1.32
ATR(20)%1.18%
ATR Inc45.17%
Range Today1.51
ADR(20)1.21
ADR(20)%1.1%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS68.89
Mansfield0.09
10 Day High111.38
10 Day Low106.71
20 Day High111.38
20 Day Low103.52
52 Week High111.38
52 Week Low91.91
CS1 End108.77
CR1 Start110.04
Volume & EV
DER(3)-1.63%
DER(5)0.19%
Volume543.90K
Volume Incr113.33%
Vol(5)202.00K
Vol(50)138.18K