ISHARES ROBOTICS & ARTIFICIA (IRBO) Stock Technical Analysis
USA - NYSEARCA:IRBO - US46435U5561 - ETF
31.51 USD
-0.1 (-0.32%)
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.
70% of all other stocks performed better in the past year than IRBO.
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.
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
28.09
35.51
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.
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. |
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)
NYSEARCA:IRBO (8/9/2024, 8:04:00 PM)
31.51
-0.1 (-0.32%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-0.32%
1 Week1.29%
2 Weeks-5.2%
1 Month-8.83%
3 Month-5.66%
6 Month-6.78%
12 Month0%
2 Year14.75%
3 Year-29.24%
5 Year29.67%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.91
ATR(20)%2.57%
ATR Inc-43.81%
Range Today0.39
ADR(20)0.65
ADR(20)%2.07%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS30.39
Mansfield-1.18
10 Day High33.75
10 Day Low29.01
20 Day High34.98
20 Day Low29.01
52 Week High35.13
52 Week Low28.23
CS1 End31.25
CR1 Start32.59
Volume & EV
DER(3)0.46%
DER(5)-0.01%
Volume86.10K
Volume Incr15.36%
Vol(5)150.56K
Vol(50)118.98K