ISHARES U.S. MEDICAL DEVICES (IHI) Stock Technical Analysis
USA - NYSEARCA:IHI - US4642888105 - ETF
59.45 USD
+0.59 (+1%)
59.95 USD
+0.5 (+0.84%)
Taking everything into account, IHI scores 0 out of 10 in our technical rating. IHI'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.
The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
When comparing the yearly performance of all stocks, IHI is a bad performer in the overall market: 66% of all stocks are doing better.
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 58.18 and 61.11.
IHI has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. We notice that large players showed an interest for IHI 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
53.72
65.75
We found 1 important support area.
- 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.
We can see 2 important resistance areas.
- A resistance zone ranging from 59.80 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 65.10. 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 | DOWN | NEGATIVE | The long term trend for IHI is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for IHI is down. |
| ChartMill Relative Strength | 34.12 | 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 | MIXED | The current price of IHI is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 43.82 | NEUTRAL | The RSI value for IHI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.04 | NEGATIVE | The MACD value suggests IHI has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 29.58 | NEUTRAL | The Stochastics value for IHI is a neutral value. |
| Average True Range in percent/ATR (20) | 1.47 | LOW VOLATILITY | The low ATR as a percentage value for IHI suggests low volalility. |
| Average Directional Index/ADX (14) | 31.34 | POSITIVE | The high ADX value value for IHI 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)
59.45
+0.59 (+1%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg1%
1 Week-0.85%
2 Weeks-1.05%
1 Month-1.49%
3 Month-1.02%
6 Month4.43%
12 Month-1.43%
2 Year31.35%
3 Year18.4%
5 Year19.63%
10 Year199.19%
15 Year558.36%
Volatility
ATR(14)0.98
ATR(20)%1.47%
ATR Inc-6.11%
Range Today1.13
ADR(20)0.85
ADR(20)%1.42%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS34.12
Mansfield-1.12
10 Day High61.11
10 Day Low58.18
20 Day High61.11
20 Day Low58.18
52 Week High65.18
52 Week Low52.9
CS1 End54.99
CR1 Start59.8
Volume & EV
DER(3)7.19%
DER(5)3.73%
Volume1.18M
Volume Incr-23.01%
Vol(5)877.94K
Vol(50)909.45K