ISHARES CORE S&P SMALL-CAP E (IJR) Stock Technical Analysis
NYSEARCA:IJR - NYSE Arca - US4642878049 - ETF - Currency: USD
Overall IJR gets a technical rating of 6 out of 10. IJR has been an average performer in the overall market. Recently some decent action could be observed, but in the medium term time frame this is still negative.
The short term trend is positive, while the long term trend is neutral. So this is evolving in the right direction.
In the last month IJR has a been trading in the 103.75 - 110.11 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
IJR has an average volume of 4394670 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
When comparing the performance of all stocks over the past year, IJR turns out to be only a medium performer in the overall market: it outperformed 48% of all stocks.
IJR is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so IJR is lagging the market.
Although the technical rating is only medium, IJR does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 107.44, a Stop Loss order could be placed below this zone.
More info and screens
93.68
110.57
We found 3 important support areas.
- A support zone ranging from 105.81 to 107.44. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 103.99 to 104.08. 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 94.63 to 95.75. This zone is formed by a combination of multiple trend lines in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 108.01 to 109.48. 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 IJR is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for IJR is up. |
| ChartMill Relative Strength | 48.55 | NEUTRAL | IJR is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of IJR is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of IJR is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of IJR is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 54.37 | NEUTRAL | The RSI value for IJR is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.12 | NEGATIVE | The MACD value suggests IJR has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 57.39 | NEUTRAL | The Stochastics value for IJR is a neutral value. |
| Average True Range in percent/ATR (20) | 1.42 | LOW VOLATILITY | The low ATR as a percentage value for IJR suggests low volalility. |
| Average Directional Index/ADX (14) | 9.67 | NEGATIVE | The low ADX value for IJR 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)
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 |
|---|---|---|---|
| 109.49 | 105.80 | 3.69 (3.37%) | 25.00% |
| An entry @109.49. This is a Buy Stop order right above the resistance zone. | An exit @105.80. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 3.69 points, which is 3.37%. | For a 0.84% 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.
107.56
-1.08 (-0.99%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-0.99%
1 Week1.62%
2 Weeks-1.75%
1 Month0.87%
3 Month3.41%
6 Month-7.12%
12 Month0.84%
2 Year7.94%
3 Year16.39%
5 Year57.5%
10 Year82.49%
15 Year297.34%
Volatility
ATR(14)1.54
ATR(20)%1.42%
ATR Inc-20.04%
Range Today1.17
ADR(20)1.39
ADR(20)%1.29%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS48.55
Mansfield-0.91
10 Day High110.11
10 Day Low105.15
20 Day High110.11
20 Day Low103.75
52 Week High128.61
52 Week Low89.22
CS1 End107.44
CR1 Start108.01
Volume & EV
DER(3)1.32%
DER(5)0.19%
Volume3.26M
Volume Incr-7.62%
Vol(5)4.01M
Vol(50)4.39M