ISHARES LATIN AMERICA 40 ETF (ILF) Stock Technical Analysis
NYSEARCA:ILF - US4642873909 - ETF
27.36 USD
+0.19 (+0.7%)
27.94 USD
+0.58 (+2.12%)
We assign a technical rating of 8 out of 10 to ILF. Although ILF is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
The long and short term trends are both positive. This is looking good!
A new 52 week high is currently being made by ILF, which is a very good signal! However, this is in line with the S&P500, which is also trading near new highs.
In the last month ILF has a been trading in the 25.68 - 27.72 range, which is quite wide. It is currently trading near the high of this range.
ILF has an average volume of 1958380 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, ILF outperforms 54% of them, which is more or less in line with the market.
Although ILF has an excellent technical rating, the quality of the presented setup is not ideal 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.
More info and screens
24.40
27.64
When analyzing the support we can see 2 important areas.
- A support zone ranging from 26.46 to 26.96. 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 24.65 to 26.03. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
We found 1 important resistance area.
- A resistance zone ranging from 27.37 to 27.37. 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 ILF is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for ILF is up. |
| ChartMill Relative Strength | 54.05 | NEUTRAL | ILF is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of ILF is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of ILF is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of ILF is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 68.55 | NEUTRAL | The RSI value for ILF is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.08 | POSITIVE | The MACD value suggests ILF has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 85.91 | OVERBOUGHT | The high Stochastics value suggests ILF may be overbought. |
| Average True Range in percent/ATR (20) | 1.33 | LOW VOLATILITY | The low ATR as a percentage value for ILF suggests low volalility. |
| Average Directional Index/ADX (14) | 20.81 | NEUTRAL | The ADX value for ILF suggests a possible start of a new 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)
27.36
+0.19 (+0.7%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg0.7%
1 Week0.81%
2 Weeks5.43%
1 Month5.51%
3 Month6.83%
6 Month19.22%
12 Month8.27%
2 Year7.04%
3 Year15.35%
5 Year29.91%
10 Year21.01%
15 Year-45.86%
Volatility
ATR(14)0.38
ATR(20)%1.33%
ATR Inc14.22%
Range Today0.48
ADR(20)0.31
ADR(20)%1.13%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS54.05
Mansfield0.24
10 Day High27.72
10 Day Low26.03
20 Day High27.72
20 Day Low25.68
52 Week High27.72
52 Week Low20.83
CS1 End26.96
CR1 Start27.37
Volume & EV
DER(3)5.78%
DER(5)6.04%
Volume2.73M
Volume Incr17.06%
Vol(5)1.99M
Vol(50)1.96M