We assign a technical rating of 7 out of 10 to IJH. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, IJH is only an average performer.
Although IJH has an excellent technical rating, it does not offer a high quality setup 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.
61.20
When analyzing the support we notice one important area.
We found 1 important resistance area.
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 IJH is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for IJH is up. |
| ChartMill Relative Strength | 52.79 | NEUTRAL | IJH is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of IJH is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of IJH is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of IJH is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 59.97 | NEUTRAL | The RSI value for IJH is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.24 | POSITIVE | The MACD value suggests IJH has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 90.42 | OVERBOUGHT | The high Stochastics value suggests IJH may be overbought. |
| Average True Range in percent/ATR (20) | 1.45 | LOW VOLATILITY | The low ATR as a percentage value for IJH suggests low volalility. |
| Average Directional Index/ADX (14) | 14.31 | NEGATIVE | The low ADX value for IJH suggests a weak or negative trend. |
67.17
-0.89 (-1.31%)
ChartMill assigns a technical rating of 7 / 10 to IJH.
The current trend direction for ISHARES CORE S&P MIDCAP ETF (IJH) is Bullish.
ISHARES CORE S&P MIDCAP ETF (IJH) has an RSI value of 59.9731. This indicates that the stock is currently neutral.
The MACD indicator for ISHARES CORE S&P MIDCAP ETF (IJH) has a value of 0.242001, indicating a bearish trend.
The short term momentum for ISHARES CORE S&P MIDCAP ETF (IJH) is positive.