Overall IHE gets a technical rating of 10 out of 10. Both in the recent history as in the last year, IHE has proven to be a steady performer, scoring decent points in every aspect analyzed.
IHE has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 86.16. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 85.92, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for IHE in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
62.39
When analyzing the support we can see 4 important areas.
- A support zone ranging from 81.99 to 85.92. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @73.63 from a horizontal line in the daily time frame.
- Support @71.87 from a trend line in the weekly time frame.
- Support @63.02 from a horizontal line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 86.16 to 86.21. 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 IHE is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for IHE is up. |
| ChartMill Relative Strength | 87.09 | POSITIVE | IHE has a high relative strength, it outperformed 87.09% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of IHE is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of IHE is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of IHE is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 64.84 | NEUTRAL | The RSI value for IHE is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.06 | NEGATIVE | The MACD value suggests IHE has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 91.36 | OVERBOUGHT | The high Stochastics value suggests IHE may be overbought. |
| Average True Range in percent/ATR (20) | 1.23 | LOW VOLATILITY | The low ATR as a percentage value for IHE suggests low volalility. |
| Average Directional Index/ADX (14) | 29.93 | POSITIVE | The high ADX value value for IHE suggests a strong trend. |
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 86.22 | 83.79 | 2.43 (2.82%) | 25.00% |
| An entry @86.22. This is a Buy Stop order right above the resistance zone. | An exit @83.79. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 2.43 points, which is 2.82%. | For a 0.70% total portfolio risk, you can invest 25.00% of your capital in this trade. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
86.15
-0.06 (-0.07%)
ISHARES US PHARMACEUTICALS E / IHE FAQ
What is the ChartMill technical rating of ISHARES US PHARMACEUTICALS E (IHE) stock?
ChartMill assigns a technical rating of 10 / 10 to IHE.
What is the trend direction for IHE stock?
The current trend direction for ISHARES US PHARMACEUTICALS E (IHE) is Bullish.
What is the RSI signal for IHE stock?
ISHARES US PHARMACEUTICALS E (IHE) has an RSI value of 64.8373. This indicates that the stock is currently neutral.
What is the buy/sell signal for IHE stock?
The buy/sell signal for ISHARES US PHARMACEUTICALS E (IHE) is buy as both the short term and long term trends are positive.
Can you provide the support and resistance levels for ISHARES US PHARMACEUTICALS E?
ISHARES US PHARMACEUTICALS E (IHE) has a support level at 85.92 and a resistance level at 86.16. Check the full technical report for our detailed analysis of IHE support and resistance levels.