NASDAQ:IEF - Nasdaq - US4642874402 - ETF - Currency: USD
Taking everything into account, IEF scores 4 out of 10 in our technical rating. IEF has been an average performer in the overall market, it is still ok in the medium term time frame, but very the very recent evolution is negative.
Although the technical rating is only medium, IEF does present a nice setup opportunity. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 95.27. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 94.33, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for IEF in the last couple of days, which is a good sign.
88.58
We found 3 important support areas.
2 important resistance areas can be observed.
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 IEF is neutral. |
ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for IEF is neutral. |
ChartMill Relative Strength | 41.43 | NEUTRAL | IEF is not amongst the best or worst performers on the market. |
Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of IEF is above the rising SMA(20). |
Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of IEF is above a declining SMA(50). |
Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of IEF is below a declining SMA(200). |
Relative Strength Index/RSI (14) | 53.85 | NEUTRAL | The RSI value for IEF is a neutral value. |
Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.08 | POSITIVE | The MACD value suggests IEF has a positive trend. |
Stochastics (14,3) | 69.61 | NEUTRAL | The Stochastics value for IEF is a neutral value. |
Average True Range in percent/ATR (20) | 0.53 | LOW VOLATILITY | The low ATR as a percentage value for IEF suggests low volalility. |
Average Directional Index/ADX (14) | 8.69 | NEGATIVE | The low ADX value for IEF suggests a weak or negative trend. |
94.54
+0.06 (+0.06%)