ISHARES CORE S&P SMALL-CAP E (IJR) Stock Technical Analysis
USA - NYSEARCA:IJR - US4642878049 - ETF
120.08 USD
+0.54 (+0.45%)
120.08 USD
0 (0%)
Taking everything into account, IJR scores 8 out of 10 in our technical rating. Although IJR is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
Both the short term and long term trends are positive. This is a very positive sign.
IJR is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so IJR is lagging the market slightly.
IJR has an average volume of 4278680 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
When compared to the yearly performance of all other stocks, IJR outperforms 53% of them, which is more or less in line with the market.
In the last month IJR has a been trading in a tight range between 116.75 and 121.39.
Besides having an excellent technical rating, IJR also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is very little resistance above the current price. There is a support zone below the current price at 119.96, a Stop Loss order could be placed below this zone. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
107.38
121.28
We found 3 important support areas.
- A support zone ranging from 113.08 to 119.96. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @110.82 from a horizontal line in the daily time frame.
- A support zone ranging from 108.46 to 108.46. 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 IJR is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for IJR is up. |
| ChartMill Relative Strength | 53.73 | 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 | MIXED | The current price of IJR is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 59.86 | NEUTRAL | The RSI value for IJR is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.09 | NEGATIVE | The MACD value suggests IJR has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 64.86 | NEUTRAL | The Stochastics value for IJR is a neutral value. |
| Average True Range in percent/ATR (20) | 1.37 | LOW VOLATILITY | The low ATR as a percentage value for IJR suggests low volalility. |
| Average Directional Index/ADX (14) | 30.78 | POSITIVE | The high ADX value value for IJR 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)
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 |
|---|---|---|---|
| 121.40 | 116.74 | 4.66 (3.84%) | 25.00% |
| An entry @121.40. This is a Buy Stop order right above the 10 day high. | An exit @116.74. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 4.66 points, which is 3.84%. | For a 0.96% 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.
120.08
+0.54 (+0.45%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg0.45%
1 Week1.36%
2 Weeks0.69%
1 Month0.8%
3 Month6.19%
6 Month26.89%
12 Month3.71%
2 Year35.09%
3 Year22.63%
5 Year66.73%
10 Year112.44%
15 Year289.87%
Volatility
ATR(14)1.71
ATR(20)%1.37%
ATR Inc-8.03%
Range Today1.51
ADR(20)1.53
ADR(20)%1.27%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS53.73
Mansfield-0.47
10 Day High121.39
10 Day Low116.75
20 Day High121.39
20 Day Low116.75
52 Week High128.61
52 Week Low89.22
CS1 End119.96
CR1 StartN/A
Volume & EV
DER(3)-1.71%
DER(5)-0.31%
Volume6.27M
Volume Incr17.55%
Vol(5)4.90M
Vol(50)4.28M