ISHARES CORE MSCI PACIFIC ET (IPAC) Stock Technical Analysis
NYSEARCA:IPAC • US46434V6965
Taking everything into account, IPAC 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, IPAC is showing a nice and steady performance.
- Both the short term and long term trends are positive. This is a very positive sign.
- When comparing the yearly performance of all stocks, we notice that IPAC is one of the better performing stocks in the market, outperforming 79% of all stocks. We also observe that the gains produced by IPAC over the past year are nicely spread over this period.
- IPAC 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.
- IPAC is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.
- Considerably lower volume is observed in the last couple of days, which is a good thing during a pullback.
IPAC has an excellent technical rating and also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 83.39. Right above this resistance zone may be a good entry point.
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70.79
3 important support areas can be observed.
- A support zone ranging from 77.36 to 78.59. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @75.35 from a horizontal line in the daily time frame.
- A support zone ranging from 71.50 to 71.81. This zone is formed by a combination of multiple trend lines in multiple time frames.
We found 1 important resistance area.
- A resistance zone ranging from 83.39 to 83.73. 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 IPAC is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for IPAC is up. |
| ChartMill Relative Strength | 79.86 | POSITIVE | IPAC has a high relative strength, it outperformed 79.86% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of IPAC is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of IPAC is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of IPAC is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 69.82 | NEUTRAL | The RSI value for IPAC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.04 | NEGATIVE | The MACD value suggests IPAC has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 79.87 | NEUTRAL | The Stochastics value for IPAC is a neutral value. |
| Average True Range in percent/ATR (20) | 1.33 | LOW VOLATILITY | The low ATR as a percentage value for IPAC suggests low volalility. |
| Average Directional Index/ADX (14) | 33.36 | POSITIVE | The high ADX value value for IPAC 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 |
|---|---|---|---|
| 83.74 | 81.43 | 2.31 (2.76%) | 25.00% |
| An entry @83.74. This is a Buy Stop order right above the resistance zone. | An exit @81.43. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 2.31 points, which is 2.76%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.69%. |
- 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.
83.39
+0.96 (+1.16%)
ISHARES CORE MSCI PACIFIC ET / IPAC FAQ
What is the technical rating for IPAC stock?
ChartMill assigns a technical rating of 10 / 10 to IPAC.
What is the current trend direction of ISHARES CORE MSCI PACIFIC ET (IPAC) stock?
The current trend direction for ISHARES CORE MSCI PACIFIC ET (IPAC) is Bullish.
What is the RSI signal for IPAC stock?
ISHARES CORE MSCI PACIFIC ET (IPAC) has an RSI value of 69.8247. This indicates that the stock is currently neutral.
Can you provide the short term momentum for ISHARES CORE MSCI PACIFIC ET?
The short term momentum for ISHARES CORE MSCI PACIFIC ET (IPAC) is positive.
Can you provide the support and resistance levels for ISHARES CORE MSCI PACIFIC ET?
ISHARES CORE MSCI PACIFIC ET (IPAC) has a support level at 78.59 and a resistance level at 83.39. Check the full technical report for our detailed analysis of IPAC support and resistance levels.