VANECK ISRAEL ETF (ISRA) Stock Technical Analysis
USA - NYSEARCA:ISRA - US92189F6354 - ETF
Overall ISRA gets a technical rating of 10 out of 10. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, ISRA is showing a nice and steady performance.
ISRA has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 54.88. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 54.46, a Stop Loss order could be placed below this zone.
More info and screens
43.16
When analyzing the support we can see 3 important areas.
- A support zone ranging from 51.97 to 54.46. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 48.55 to 48.90. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @43.60 from a trend line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 54.88 to 55.56. 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 ISRA is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for ISRA is neutral. |
| ChartMill Relative Strength | 82.28 | POSITIVE | ISRA has a high relative strength, it outperformed 82.28% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of ISRA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of ISRA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of ISRA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 56.93 | NEUTRAL | The RSI value for ISRA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.09 | NEGATIVE | The MACD value suggests ISRA has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 39.34 | NEUTRAL | The Stochastics value for ISRA is a neutral value. |
| Average True Range in percent/ATR (20) | 1.52 | LOW VOLATILITY | The low ATR as a percentage value for ISRA suggests low volalility. |
| Average Directional Index/ADX (14) | 16.27 | NEGATIVE | The low ADX value for ISRA suggests a weak or negative 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 |
|---|---|---|---|
| 55.57 | 53.08 | 2.49 (4.48%) | 22.34% |
| An entry @55.57. This is a Buy Stop order right above the resistance zone. | An exit @53.08. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 2.49 points, which is 4.48%. | When investing 22.34% of your capital in this trade, your total portfolio risk will be 1.00%. |
- 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.
54.8693
+0.27 (+0.49%)
VANECK ISRAEL ETF / ISRA FAQ
What is the ChartMill technical rating of VANECK ISRAEL ETF (ISRA) stock?
ChartMill assigns a technical rating of 10 / 10 to ISRA.
Can you provide the trend direction for VANECK ISRAEL ETF?
The current trend direction for VANECK ISRAEL ETF (ISRA) is Bullish.
What is the RSI signal for ISRA stock?
VANECK ISRAEL ETF (ISRA) has an RSI value of 56.9343. This indicates that the stock is currently neutral.
Can you provide the support and resistance levels for VANECK ISRAEL ETF?
VANECK ISRAEL ETF (ISRA) has a support level at 54.46 and a resistance level at 54.88. Check the full technical report for our detailed analysis of ISRA support and resistance levels.