ISHARES MSCI INTL MOMENTUM F (IMTM) Stock Technical Analysis
NYSEARCA:IMTM • US46434V4499
Taking everything into account, IMTM scores 10 out of 10 in our technical rating. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, IMTM is showing a nice and steady performance.
- The long and short term trends are both positive. This is looking good!
- When comparing the yearly performance of all stocks, we notice that IMTM is one of the better performing stocks in the market, outperforming 77% of all stocks. We also observe that the gains produced by IMTM over the past year are nicely spread over this period.
- IMTM is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
- In the last month IMTM has a been trading in the 49.53 - 52.79 range, which is quite wide. It is currently trading near the high of this range.
- Prices have been consolidating recently, this may present a good entry opportunity.
IMTM has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately. There is a support zone below the current price at 51.41, a Stop Loss order could be placed below this zone.
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36.84
We found 3 important support areas.
- A support zone ranging from 49.64 to 51.41. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 46.34 to 48.22. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @37.21 from a horizontal line in the weekly time frame.
We found 1 important resistance area.
- Resistance @52.58 from a horizontal line in the daily time frame.
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 IMTM is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for IMTM is up. |
| ChartMill Relative Strength | 77.84 | POSITIVE | IMTM has a high relative strength, it outperformed 77.84% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of IMTM is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of IMTM is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of IMTM is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 57.64 | NEUTRAL | The RSI value for IMTM is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.05 | POSITIVE | The MACD value suggests IMTM has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 81.55 | OVERBOUGHT | The high Stochastics value suggests IMTM may be overbought. |
| Average True Range in percent/ATR (20) | 1.46 | LOW VOLATILITY | The low ATR as a percentage value for IMTM suggests low volalility. |
| Average Directional Index/ADX (14) | 32.37 | POSITIVE | The high ADX value value for IMTM suggests a strong trend. |
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 |
|---|---|---|---|
| 52.59 | 49.83 | 2.76 (5.25%) | 19.05% |
| An entry @52.59. This is a Buy Stop order right above the resistance zone. | An exit @49.83. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 2.76 points, which is 5.25%. | When investing 19.05% of your capital in this trade, your total portfolio risk will be 1.00%. |
- 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.
51.73
-0.84 (-1.6%)
ISHARES MSCI INTL MOMENTUM F / IMTM FAQ
What is the ChartMill technical rating of ISHARES MSCI INTL MOMENTUM F (IMTM) stock?
ChartMill assigns a technical rating of 10 / 10 to IMTM.
What is the trend direction for IMTM stock?
The current trend direction for ISHARES MSCI INTL MOMENTUM F (IMTM) is Bullish.
Can you provide the RSI signal for ISHARES MSCI INTL MOMENTUM F?
ISHARES MSCI INTL MOMENTUM F (IMTM) has an RSI value of 57.6436. This indicates that the stock is currently neutral.
Can you provide the MACD signal for ISHARES MSCI INTL MOMENTUM F?
The MACD indicator for ISHARES MSCI INTL MOMENTUM F (IMTM) has a value of 0.05407, indicating a bearish trend.
What is the buy/sell signal for ISHARES MSCI INTL MOMENTUM F (IMTM) stock?
The buy/sell signal for ISHARES MSCI INTL MOMENTUM F (IMTM) is buy as both the short term and long term trends are positive.