ISHARES CORE MSCI EMERGING (IEMG) Technical Analysis
NYSEARCA:IEMG • US46434G1031
Current stock price
IEMG Technical Rating and Analysis
Taking everything into account, IEMG scores 3 out of 10 in our technical rating. Although IEMG is scoring some points because its good overall performance in the market in the past year, recent evolutions are not that positive. Both the medium and short term picture give negative signs.
- In the last month IEMG has a been trading in the 68.16 - 77.68 range, which is quite wide. It is currently trading near the lows of this range.
- Looking at the yearly performance, IEMG did better than 79% of all other stocks. On top of that, IEMG also shows a nice and consistent pattern of rising prices.
- IEMG is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so IEMG is performing more or less in line with the market.
- IEMG has an average volume of 20367000 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- The long term trend is neutral, but the short term trend is negative. Better to stay away from this!
IEMG Weekly and Daily overview Charts
IEMG Setup Rating and Analysis
IEMG has a poor technical rating and the quality of the setup is also not perfect 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
IEMG Support and Resistance Analysis
64.54
We found 2 important support areas.
- A support zone ranging from 68.32 to 68.36. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @65.19 from a horizontal line in the daily time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 76.76 to 77.57. This zone is formed by a combination of multiple trend lines in multiple time frames.
IEMG Technical Indicator Signal Analysis
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 IEMG is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for IEMG is down. |
| ChartMill Relative Strength | 79.44 | POSITIVE | IEMG has a high relative strength, it outperformed 79.44% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of IEMG is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of IEMG is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of IEMG is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 35.68 | NEUTRAL | The RSI value for IEMG is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.41 | NEGATIVE | The MACD value suggests IEMG has a negative trend. |
| Stochastics (14,3) | 15.88 | OVERSOLD | The low Stochastics value suggests IEMG may be oversold. |
| Average True Range in percent/ATR (20) | 2.74 | MEDIUM VOLATILITY | The ATR as a percentage value for IEMG suggests some volalility. |
| Average Directional Index/ADX (14) | 26.76 | POSITIVE | The high ADX value value for IEMG suggests a strong trend. |
IEMG Chart- and CandleStick Pattern Analysis
IEMG Technicals: Chart, Performance Metrics, Trend & Indicators
68.37
-2.37 (-3.35%)
ISHARES CORE MSCI EMERGING / IEMG TA FAQ
What is the ChartMill technical rating of ISHARES CORE MSCI EMERGING (IEMG) stock?
ChartMill assigns a technical rating of 3 / 10 to IEMG.
What is the trend direction for IEMG stock?
The current trend direction for ISHARES CORE MSCI EMERGING (IEMG) is Bearish.
Can you provide the RSI signal for ISHARES CORE MSCI EMERGING?
ISHARES CORE MSCI EMERGING (IEMG) has an RSI value of 35.6767. This indicates that the stock is currently neutral.
Can you provide the short term momentum for ISHARES CORE MSCI EMERGING?
The short term momentum for ISHARES CORE MSCI EMERGING (IEMG) is negative.
What is the support and resistance level for IEMG stock?
ISHARES CORE MSCI EMERGING (IEMG) has a support level at 68.36 and a resistance level at 76.76. Check the full technical report for our detailed analysis of IEMG support and resistance levels.