ISHARES U.S. AEROSPACE & DEF (ITA) Technical Analysis
NYSEARCA:ITA • US4642887602
Current stock price
ITA Technical Rating and Analysis
Taking everything into account, ITA scores 5 out of 10 in our technical rating. In the last year, ITA was one of the better performers, although we are getting mixed signals now in both the short and medium term time frames.
- In the last month ITA has a been trading in the 220.32 - 250.65 range, which is quite wide. It is currently trading near the lows of this range.
- Looking at the yearly performance, ITA did better than 86% of all other stocks. On top of that, ITA also shows a nice and consistent pattern of rising prices.
- ITA 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 ITA is performing more or less in line with the market.
- ITA has an average volume of 1313840 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- The short term trend is negative, but the long term trend is still positive. So although the long term is still positive, this may be a trend turning.
ITA Weekly and Daily overview Charts
ITA Setup Rating and Analysis
ITA has an average technical rating and it also does not offer a high 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
ITA Support and Resistance Analysis
130.73
When analyzing the support we can see 6 important areas.
- A support zone ranging from 222.55 to 222.55. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @211.52 from a trend line in the daily time frame.
- Support @203.79 from a trend line in the daily time frame.
- A support zone ranging from 195.78 to 198.64. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Support @139.38 from a trend line in the weekly time frame.
- Support @132.05 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 243.77 to 243.78. This zone is formed by a combination of multiple trend lines in the weekly time frame.
ITA 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 | UP | POSITIVE | The long term trend for ITA is up. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for ITA is down. |
| ChartMill Relative Strength | 86.18 | POSITIVE | ITA has a high relative strength, it outperformed 86.18% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of ITA is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of ITA is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of ITA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 33.21 | NEUTRAL | The RSI value for ITA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -2.21 | NEGATIVE | The MACD value suggests ITA has a negative trend. |
| Stochastics (14,3) | 12.82 | OVERSOLD | The low Stochastics value suggests ITA may be oversold. |
| Average True Range in percent/ATR (20) | 2.62 | MEDIUM VOLATILITY | The ATR as a percentage value for ITA suggests some volalility. |
| Average Directional Index/ADX (14) | 25.85 | POSITIVE | The high ADX value value for ITA suggests a strong trend. |
ITA Chart- and CandleStick Pattern Analysis
ITA Technicals: Chart, Performance Metrics, Trend & Indicators
222.56
-4.76 (-2.09%)
ISHARES U.S. AEROSPACE & DEF / ITA TA FAQ
Can you provide the ChartMill technical rating for ISHARES U.S. AEROSPACE & DEF?
ChartMill assigns a technical rating of 5 / 10 to ITA.
What is the current trend direction of ISHARES U.S. AEROSPACE & DEF (ITA) stock?
The current trend direction for ISHARES U.S. AEROSPACE & DEF (ITA) is Bullish.
What is the RSI signal for ITA stock?
ISHARES U.S. AEROSPACE & DEF (ITA) has an RSI value of 33.2091. This indicates that the stock is currently neutral.
What is the MACD signal for ISHARES U.S. AEROSPACE & DEF (ITA) stock?
The MACD indicator for ISHARES U.S. AEROSPACE & DEF (ITA) has a value of -2.20806, indicating a bearish trend.
What is the support and resistance level for ITA stock?
ISHARES U.S. AEROSPACE & DEF (ITA) has a support level at 222.55 and a resistance level at 243.77. Check the full technical report for our detailed analysis of ITA support and resistance levels.