ISHARES U.S. TECH INDEPENDEN (IETC) Stock Technical Analysis
NYSEARCA:IETC - NYSE Arca - US46431W6488 - ETF - Currency: USD
We assign a technical rating of 10 out of 10 to IETC. Both in the recent history as in the last year, IETC has proven to be a steady performer, scoring decent points in every aspect analyzed.
Both the short term and long term trends are positive. This is a very positive sign.
Looking at the yearly performance, IETC did better than 85% of all other stocks. On top of that, IETC also shows a nice and consistent pattern of rising prices.
IETC is currently making a new 52 week high. This is a strong signal. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
In the last month IETC has a been trading in the 92.08 - 98.87 range, which is quite wide. It is currently trading near the high of this range.
Although IETC has an excellent technical rating, it does not present a decent entry opportunity 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
65.09
99.80
When analyzing the support we can see 4 important areas.
- A support zone ranging from 94.49 to 97.02. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 89.13 to 89.13. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @70.89 from a trend line in the weekly time frame.
- Support @65.75 from a horizontal line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 98.47 to 98.81. 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 IETC is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for IETC is up. |
| ChartMill Relative Strength | 85.31 | POSITIVE | IETC has a high relative strength, it outperformed 85.31% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of IETC is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of IETC is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of IETC is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 74.25 | OVERBOUGHT | The high RSI value suggests IETC may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.05 | POSITIVE | The MACD value suggests IETC has a positive trend. |
| Stochastics (14,3) | 97.12 | OVERBOUGHT | The high Stochastics value suggests IETC may be overbought. |
| Average True Range in percent/ATR (20) | 1.08 | LOW VOLATILITY | The low ATR as a percentage value for IETC suggests low volalility. |
| Average Directional Index/ADX (14) | 27.9 | POSITIVE | The high ADX value value for IETC 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)
NYSEARCA:IETC (7/29/2025, 4:15:00 PM)
98.32
-0.48 (-0.49%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-0.49%
1 Week1.8%
2 Weeks3.96%
1 Month6.27%
3 Month21.41%
6 Month13.64%
12 Month39.76%
2 Year73.93%
3 Year108.79%
5 Year142.99%
10 YearN/A
15 YearN/A
Volatility
ATR(14)1
ATR(20)%1.08%
ATR Inc-30.61%
Range Today1.42
ADR(20)0.94
ADR(20)%0.96%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS85.31
Mansfield0.89
10 Day High98.87
10 Day Low94.42
20 Day High98.87
20 Day Low92.08
52 Week High98.87
52 Week Low64.06
CS1 End98.47
CR1 Start98.81
Volume & EV
DER(3)-1.73%
DER(5)-0.42%
Volume95.82K
Volume Incr6.82%
Vol(5)70.64K
Vol(50)64.93K