ISHARES U.S. OIL & GAS EXPLO (IEO) Stock Technical Analysis
NYSEARCA:IEO - NYSE Arca - US4642888519 - ETF - Currency: USD
Overall IEO gets a technical rating of 2 out of 10. IEO's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
71% of all other stocks performed better in the past year than IEO.
In the last month IEO has a been trading in the 87.83 - 93.44 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been consolidating recently, but much resistance may still be present above.
The long and short term trends are both neutral. This gives a pretty neutral overall picture!
IEO is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so IEO is lagging the market.
Although the technical rating is bad, IEO does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. A pullback is taking place, which may present a nice opportunity for an entry. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
83.92
102.85
When analyzing the support we notice one important area.
- Support @84.77 from a horizontal line in the daily time frame.
We can see 4 important resistance areas.
- A resistance zone ranging from 89.60 to 93.48. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @95.92 from a horizontal line in the daily time frame.
- Resistance @99.77 from a horizontal line in the weekly time frame.
- A resistance zone ranging from 101.83 to 101.83. 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 | NEUTRAL | NEUTRAL | The long term trend for IEO is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for IEO is neutral. |
| ChartMill Relative Strength | 29.99 | NEGATIVE | IEO has a low relative strength, it was outperformed by 70.01% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of IEO is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of IEO is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of IEO is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 47.77 | NEUTRAL | The RSI value for IEO is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.4 | NEGATIVE | The MACD value suggests IEO has a negative trend. |
| Stochastics (14,3) | 27.72 | NEUTRAL | The Stochastics value for IEO is a neutral value. |
| Average True Range in percent/ATR (20) | 1.82 | LOW VOLATILITY | The low ATR as a percentage value for IEO suggests low volalility. |
| Average Directional Index/ADX (14) | 15.17 | NEGATIVE | The low ADX value for IEO suggests a weak or negative 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)
89.54
+0.86 (+0.97%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg0.97%
1 Week-1.05%
2 Weeks-3.38%
1 Month-1.07%
3 Month7.85%
6 Month-7.17%
12 Month-9.52%
2 Year-5.79%
3 Year4.06%
5 Year177.3%
10 Year41.63%
15 Year78.58%
Volatility
ATR(14)1.71
ATR(20)%1.82%
ATR Inc-3.35%
Range Today1.32
ADR(20)1.6
ADR(20)%1.79%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS29.99
Mansfield-0.97
10 Day High93.44
10 Day Low88.56
20 Day High93.44
20 Day Low87.83
52 Week High102.45
52 Week Low73.17
CS1 End84.77
CR1 Start89.6
Volume & EV
DER(3)2.64%
DER(5)0.72%
Volume78.50K
Volume Incr-5.72%
Vol(5)98.24K
Vol(50)84.63K