Overall IRBO gets a technical rating of 0 out of 10. 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.
- Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
- 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
We found 3 important support areas.
- 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.
We found 1 important resistance 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. |
NYSEARCA:IRBO (8/9/2024, 8:04:00 PM)
31.51
-0.1 (-0.32%)
ISHARES ROBOTICS & ARTIFICIA / IRBO 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.
What is the RSI signal for ISHARES ROBOTICS & ARTIFICIA (IRBO) stock?
ISHARES ROBOTICS & ARTIFICIA (IRBO) has an RSI value of 41.0255. This indicates that the stock is currently neutral.
What is the short term momentum for IRBO stock?
The short term momentum for ISHARES ROBOTICS & ARTIFICIA (IRBO) is negative.
What is the buy/sell signal for ISHARES ROBOTICS & ARTIFICIA (IRBO) stock?
The buy/sell signal for ISHARES ROBOTICS & ARTIFICIA (IRBO) is sell as both the short term and long term trends are negative.