ISHARES U.S. HOME CONSTRUCTI (ITB) Stock Technical Analysis
NYSEARCA:ITB - NYSE Arca - US4642887529 - ETF - Currency: USD
Taking everything into account, ITB scores 0 out of 10 in our technical rating. ITB's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
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, ITB is a bad performer in the overall market: 79% of all stocks are doing better.
ITB is currently trading in the lower part of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so ITB is lagging the market.
In the last month ITB has a been trading in the 87.02 - 95.73 range, which is quite wide. It is currently trading near the lows of this range.
ITB has an average volume of 2119150 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Volume is considerably higher in the last couple of days.
ITB has a poor technical rating and the quality of the setup is also only medium 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
84.66
98.57
2 important support areas can be observed.
- A support zone ranging from 87.28 to 87.73. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @85.52 from a horizontal line in the daily time frame.
2 important resistance areas can be observed.
- A resistance zone ranging from 89.50 to 92.71. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 95.42 to 97.59. 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 | DOWN | NEGATIVE | The long term trend for ITB is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for ITB is down. |
| ChartMill Relative Strength | 21.04 | NEGATIVE | ITB has a low relative strength, it was outperformed by 78.96% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of ITB is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of ITB is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of ITB is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 40 | NEUTRAL | The RSI value for ITB is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.32 | NEGATIVE | The MACD value suggests ITB has a negative trend. |
| Stochastics (14,3) | 17.76 | OVERSOLD | The low Stochastics value suggests ITB may be oversold. |
| Average True Range in percent/ATR (20) | 2.47 | MEDIUM VOLATILITY | The ATR as a percentage value for ITB suggests some volalility. |
| Average Directional Index/ADX (14) | 11.69 | NEGATIVE | The low ADX value for ITB suggests a weak or negative 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)
87.74
+0.03 (+0.03%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg0.03%
1 Week-5.13%
2 Weeks-4.44%
1 Month-5.81%
3 Month-7.48%
6 Month-16.05%
12 Month-14.63%
2 Year2.69%
3 Year67.12%
5 Year98.73%
10 Year219.64%
15 Year681.3%
Volatility
ATR(14)2.24
ATR(20)%2.47%
ATR Inc36.49%
Range Today1.91
ADR(20)2.05
ADR(20)%2.34%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS21.04
Mansfield-2.13
10 Day High95.73
10 Day Low87.23
20 Day High95.73
20 Day Low87.02
52 Week High129.89
52 Week Low82.71
CS1 End87.73
CR1 Start89.5
Volume & EV
DER(3)2.02%
DER(5)2.4%
Volume3.39M
Volume Incr23.05%
Vol(5)3.30M
Vol(50)2.12M