Overall IOO gets a technical rating of 8 out of 10. This is due to a consistent overall performance, although we see some doubts in the very recent evolution. In the medium time frame things are still looking good.
Besides having an excellent technical rating, IOO also presents a decent setup pattern. Prices have been consolidating lately. There is a support zone below the current price at 122.49, a Stop Loss order could be placed below this zone.
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84.36
We found 2 important support areas.
- A support zone ranging from 120.29 to 122.49. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @85.21 from a horizontal line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 124.30 to 126.87. This zone is formed by a combination of multiple trend lines and important moving averages 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 IOO is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for IOO is neutral. |
| ChartMill Relative Strength | 84.36 | POSITIVE | IOO has a high relative strength, it outperformed 84.36% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of IOO is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of IOO is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of IOO is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 46.47 | NEUTRAL | The RSI value for IOO is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.62 | NEGATIVE | The MACD value suggests IOO has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 16.99 | OVERSOLD | The low Stochastics value suggests IOO may be oversold. |
| Average True Range in percent/ATR (20) | 1.51 | LOW VOLATILITY | The low ATR as a percentage value for IOO suggests low volalility. |
| Average Directional Index/ADX (14) | 16.19 | NEGATIVE | The low ADX value for IOO suggests a weak or negative 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 |
|---|---|---|---|
| 124.31 | 120.99 | 3.32 (2.67%) | 25.00% |
| An entry @124.31. This is a Buy Stop order right above the 10 day moving average. | An exit @120.99. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 3.32 points, which is 2.67%. | For a 0.67% 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.
122.5
+1.06 (+0.87%)
ISHARES GLOBAL 100 ETF / IOO FAQ
Can you provide the ChartMill technical rating for ISHARES GLOBAL 100 ETF?
ChartMill assigns a technical rating of 8 / 10 to IOO.
Can you provide the trend direction for ISHARES GLOBAL 100 ETF?
The current trend direction for ISHARES GLOBAL 100 ETF (IOO) is Bullish.
What is the RSI signal for ISHARES GLOBAL 100 ETF (IOO) stock?
ISHARES GLOBAL 100 ETF (IOO) has an RSI value of 46.4686. This indicates that the stock is currently neutral.
What is the short term momentum for ISHARES GLOBAL 100 ETF (IOO) stock?
The short term momentum for ISHARES GLOBAL 100 ETF (IOO) is neutral.