iShares Evolved US Consumer Staples ETF (IECS) Stock Technical Analysis
USA - NYSEARCA:IECS - US46431W6710 - ETF
34.7199 USD
+0.04 (+0.12%)
Overall IECS gets a technical rating of 9 out of 10. Both in the recent history as in the last year, IECS has proven to be a steady performer, scoring decent points in every aspect analyzed.
Warning: IECS has an average volume of 2018 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
Both the short term and long term trends are positive. This is a very positive sign.
IECS is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so IECS is lagging the market slightly.
When comparing the yearly performance of all stocks, we notice that IECS is one of the better performing stocks in the market, outperforming 87% of all stocks. However, this overall performance is mostly based on the strong move around 7 months ago.
In the last month IECS has a been trading in a tight range between 33.07 and 34.83.
Volume is considerably higher in the last couple of days.
IECS has an excellent technical rating, but the quality of the setup is only medium 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
30.78
35.96
We found 2 important support areas.
- A support zone ranging from 33.19 to 34.44. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 31.09 to 32.02. This zone is formed by a combination of multiple trend lines in multiple time frames.
2 important resistance areas can be observed.
- A resistance zone ranging from 34.84 to 34.98. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @35.60 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 | UP | POSITIVE | The long term trend for IECS is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for IECS is up. |
| ChartMill Relative Strength | 87.67 | POSITIVE | IECS has a high relative strength, it outperformed 87.67% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of IECS is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of IECS is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of IECS is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 66.43 | NEUTRAL | The RSI value for IECS is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.04 | POSITIVE | The MACD value suggests IECS has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 89.07 | OVERBOUGHT | The high Stochastics value suggests IECS may be overbought. |
| Average True Range in percent/ATR (20) | 0.7 | LOW VOLATILITY | The low ATR as a percentage value for IECS suggests low volalility. |
| Average Directional Index/ADX (14) | 23.9 | NEUTRAL | The ADX value for IECS suggests a possible start of a new 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)
iShares Evolved US Consumer Staples ETF
NYSEARCA:IECS (8/22/2022, 8:19:22 PM)
34.7199
+0.04 (+0.12%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg0.12%
1 Week0.37%
2 Weeks2.65%
1 Month4.69%
3 Month1.7%
6 Month1.23%
12 Month5.12%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.2
ATR(20)%0.7%
ATR Inc-53.47%
Range Today0.17
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
CRS87.67
Mansfield0.8
10 Day High34.83
10 Day Low33.78
20 Day High34.83
20 Day Low33.07
52 Week High35.88
52 Week Low31.06
CS1 End34.44
CR1 Start34.84
Volume & EV
DER(3)-1.73%
DER(5)-1.04%
Volume7.90K
Volume Incr37.31%
Vol(5)3.22K
Vol(50)2.02K