ISHARES ROBOTICS & ARTIFICIA (IRBO) Technical Analysis
NYSEARCA:IRBO • US46435U5561
Current stock price
IRBO Technical Rating and Analysis
We assign a technical rating of 0 out of 10 to IRBO. IRBO scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
- The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
- When comparing the yearly performance of all stocks, IRBO is a bad performer in the overall market: 70% of all stocks are doing better.
- IRBO is currently showing a bear flag pattern! A bear flag pattern occurs when prices pull back slightly after a strong move down. This may present a good short opportunity.
- IRBO is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so IRBO is lagging the market.
IRBO Weekly and Daily overview Charts
IRBO Setup Rating and Analysis
The technical rating of IRBO is bad and it also does not present a quality setup 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
IRBO Support and Resistance Analysis
28.09
3 important support areas can be observed.
- Support @31.25 from a trend line in the weekly time frame.
- Support @28.84 from a horizontal line in the weekly time frame.
- A support zone ranging from 28.37 to 28.37. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 32.59 to 35.16. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
IRBO Technical Indicator Signal Analysis
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 | DOWN | NEGATIVE | The long term trend for IRBO is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for IRBO is down. |
| ChartMill Relative Strength | 30.39 | NEUTRAL | IRBO is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of IRBO is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of IRBO is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of IRBO is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 41.03 | NEUTRAL | The RSI value for IRBO is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.18 | NEGATIVE | The MACD value suggests IRBO has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 47.98 | NEUTRAL | The Stochastics value for IRBO is a neutral value. |
| Average True Range in percent/ATR (20) | 2.57 | MEDIUM VOLATILITY | The ATR as a percentage value for IRBO suggests some volalility. |
| Average Directional Index/ADX (14) | 27.68 | POSITIVE | The high ADX value value for IRBO suggests a strong trend. |
IRBO Chart- and CandleStick Pattern Analysis
IRBO Technicals: Chart, Performance Metrics, Trend & Indicators
NYSEARCA:IRBO (8/9/2024, 8:04:00 PM)
31.51
-0.1 (-0.32%)
ISHARES ROBOTICS & ARTIFICIA / IRBO TA FAQ
Can you provide the ChartMill technical rating for ISHARES ROBOTICS & ARTIFICIA?
ChartMill assigns a technical rating of 0 / 10 to IRBO.
Can you provide the trend direction for ISHARES ROBOTICS & ARTIFICIA?
The current trend direction for ISHARES ROBOTICS & ARTIFICIA (IRBO) is Bearish.
Can you provide the RSI signal for ISHARES ROBOTICS & ARTIFICIA?
ISHARES ROBOTICS & ARTIFICIA (IRBO) has an RSI value of 41.0255. This indicates that the stock is currently neutral.
Can you provide the MACD signal for ISHARES ROBOTICS & ARTIFICIA?
The MACD indicator for ISHARES ROBOTICS & ARTIFICIA (IRBO) has a value of -0.181061, indicating a bearish trend.
Can you provide the short term momentum for ISHARES ROBOTICS & ARTIFICIA?
The short term momentum for ISHARES ROBOTICS & ARTIFICIA (IRBO) is negative.