AMPLIFY BLUESTAR ISRAEL TECH (ITEQ) Stock Technical Analysis
USA - NYSEARCA:ITEQ - US0321085997 - ETF
57.4687 USD
-1.76 (-2.97%)
55.17 USD
-2.3 (-4%)
We assign a technical rating of 8 out of 10 to ITEQ. Both in the recent history as in the last year, ITEQ has proven to be a steady performer, scoring decent points in every aspect analyzed.
Warning: ITEQ has an average volume of 8234 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
The short term is neutral, but the long term trend is still positive. Not much to worry about for now.
Looking at the yearly performance, ITEQ did better than 75% of all other stocks.
ITEQ is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
In the last month ITEQ has a been trading in a tight range between 57.12 and 59.80.
Although ITEQ has an excellent technical rating, it 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
44.01
60.12
6 important support areas can be observed.
- A support zone ranging from 56.05 to 56.62. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @54.65 from a trend line in the daily time frame.
- A support zone ranging from 52.65 to 52.70. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 51.13 to 51.51. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Support @45.76 from a trend line in the weekly time frame.
- Support @44.45 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 58.58 to 59.52. 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 | UP | POSITIVE | The long term trend for ITEQ is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for ITEQ is neutral. |
| ChartMill Relative Strength | 75.68 | POSITIVE | ITEQ has a high relative strength, it outperformed 75.68% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of ITEQ is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of ITEQ is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of ITEQ is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 47.48 | NEUTRAL | The RSI value for ITEQ is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.2 | NEGATIVE | The MACD value suggests ITEQ has a negative trend. |
| Stochastics (14,3) | 47.68 | NEUTRAL | The Stochastics value for ITEQ is a neutral value. |
| Average True Range in percent/ATR (20) | 1.51 | LOW VOLATILITY | The low ATR as a percentage value for ITEQ suggests low volalility. |
| Average Directional Index/ADX (14) | 30.93 | POSITIVE | The high ADX value value for ITEQ 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)
57.4687
-1.76 (-2.97%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-2.97%
1 Week-1.72%
2 Weeks-1.66%
1 Month0.22%
3 Month4.85%
6 Month20.73%
12 Month18.42%
2 Year56.8%
3 Year26.95%
5 Year2.44%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.95
ATR(20)%1.51%
ATR Inc58.97%
Range Today2.01
ADR(20)0.76
ADR(20)%1.32%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS75.68
Mansfield0
10 Day High59.77
10 Day Low57.47
20 Day High59.8
20 Day Low57.12
52 Week High59.8
52 Week Low42.92
CS1 End56.62
CR1 Start58.58
Volume & EV
DER(3)0.24%
DER(5)1.22%
Volume5.80K
Volume Incr-32.06%
Vol(5)6.58K
Vol(50)8.23K