FRANKLIN INTELLIGENT MACHINE (IQM) Stock Technical Analysis
NYSEARCA:IQM - NYSE Arca - US35473P5127 - ETF - Currency: USD
Taking everything into account, IQM scores 9 out of 10 in our technical rating. Both in the recent history as in the last year, IQM has proven to be a steady performer, scoring decent points in every aspect analyzed.
Warning: IQM has an average volume of 3426 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
The long and short term trends are both positive. This is looking good!
IQM is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so IQM is performing more or less in line with the market.
Looking at the yearly performance, IQM did better than 82% of all other stocks. However, this overall good ranking is mostly due to the recent strong move.
In the last month IQM has a been trading in the 63.53 - 72.69 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Considerably lower volume is observed in the last couple of days.
Besides having an excellent technical rating, IQM also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 69.63, a Stop Loss order could be placed below this zone.
More info and screens
51.35
71.02
We found 2 important support areas.
- A support zone ranging from 67.46 to 69.63. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @51.87 from a trend line in the weekly time frame.
We found 1 important resistance area.
- Resistance @70.32 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 IQM is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for IQM is up. |
| ChartMill Relative Strength | 82.46 | POSITIVE | IQM has a high relative strength, it outperformed 82.46% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of IQM is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of IQM is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of IQM is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 65.94 | NEUTRAL | The RSI value for IQM is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.2 | NEGATIVE | The MACD value suggests IQM has a negative trend. |
| Stochastics (14,3) | 47.66 | NEUTRAL | The Stochastics value for IQM is a neutral value. |
| Average True Range in percent/ATR (20) | 1.7 | LOW VOLATILITY | The low ATR as a percentage value for IQM suggests low volalility. |
| Average Directional Index/ADX (14) | 30.71 | POSITIVE | The high ADX value value for IQM 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 |
|---|---|---|---|
| 70.33 | 67.45 | 2.88 (4.09%) | 24.42% |
| An entry @70.33. This is a Buy Stop order right above the resistance zone. | An exit @67.45. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 2.88 points, which is 4.09%. | For a 1.00% total portfolio risk, you can invest 24.42% 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.
NYSEARCA:IQM (6/6/2025, 8:04:00 PM)
69.8658
+0.6 (+0.86%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg0.86%
1 Week1.93%
2 Weeks2.74%
1 Month9.9%
3 Month17.91%
6 Month0.92%
12 Month13.89%
2 Year42.65%
3 Year104.22%
5 Year146.74%
10 YearN/A
15 YearN/A
Volatility
ATR(14)1.21
ATR(20)%1.7%
ATR Inc-22.79%
Range Today0.1
ADR(20)0.98
ADR(20)%1.4%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS82.46
Mansfield0.46
10 Day High72.69
10 Day Low67.19
20 Day High72.69
20 Day Low63.53
52 Week High72.76
52 Week Low48.28
CS1 End69.63
CR1 Start70.32
Volume & EV
DER(3)-0.76%
DER(5)-0.45%
Volume2.40K
Volume Incr-19.31%
Vol(5)1.88K
Vol(50)3.43K