ISHARES U.S. MEDICAL DEVICES (IHI) Stock Technical Analysis
USA - NYSEARCA:IHI - US4642888105 - ETF
61.27 USD
-0.51 (-0.83%)
61.27 USD
0 (0%)
We assign a technical rating of 3 out of 10 to IHI. In the last year, IHI was a medium performer in the overall market. We are getting mixed signals now in both the short and medium term picture.
The long and short term trends are both neutral. This gives a pretty neutral overall picture!
When compared to the yearly performance of all other stocks, IHI outperforms 41% of them, which is more or less in line with the market.
IHI is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so IHI is lagging the market.
In the last month IHI has a been trading in a tight range between 60.61 and 62.93.
Although the technical rating is bad, IHI does present a nice setup opportunity. Prices have been consolidating lately. There is a support zone below the current price at 60.46, a Stop Loss order could be placed below this zone.
More info and screens
53.72
65.74
We found 3 important support areas.
- A support zone ranging from 60.23 to 60.46. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Support @58.23 from a trend line in the weekly time frame.
- A support zone ranging from 54.26 to 54.99. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 61.30 to 63.01. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 64.37 to 65.09. 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 IHI is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for IHI is neutral. |
| ChartMill Relative Strength | 41.02 | NEUTRAL | IHI is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of IHI is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of IHI is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of IHI is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 46.8 | NEUTRAL | The RSI value for IHI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.11 | NEGATIVE | The MACD value suggests IHI has a negative trend. |
| Stochastics (14,3) | 30.98 | NEUTRAL | The Stochastics value for IHI is a neutral value. |
| Average True Range in percent/ATR (20) | 1.25 | LOW VOLATILITY | The low ATR as a percentage value for IHI suggests low volalility. |
| Average Directional Index/ADX (14) | 13.77 | NEGATIVE | The low ADX value for IHI 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)
61.27
-0.51 (-0.83%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-0.83%
1 Week-1.87%
2 Weeks-1.03%
1 Month-0.52%
3 Month0.74%
6 Month3.55%
12 Month3.11%
2 Year26.33%
3 Year29.86%
5 Year22.7%
10 Year230.33%
15 Year582.29%
Volatility
ATR(14)0.76
ATR(20)%1.25%
ATR Inc5.85%
Range Today0.59
ADR(20)0.72
ADR(20)%1.17%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS41.02
Mansfield-0.89
10 Day High62.81
10 Day Low60.61
20 Day High62.93
20 Day Low60.61
52 Week High65.18
52 Week Low52.9
CS1 End60.46
CR1 Start61.3
Volume & EV
DER(3)2.11%
DER(5)1.36%
Volume1.13M
Volume Incr36.88%
Vol(5)951.27K
Vol(50)832.00K