ISHARES MSCI TURKEY (ITKY.AS) Stock Technical Analysis
AMS:ITKY - Euronext Amsterdam - IE00B1FZS574 - ETF - Currency: EUR
Taking everything into account, ITKY scores 0 out of 10 in our technical rating. ITKY scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
95% of all other stocks performed better in the past year than ITKY.
ITKY is currently making a new 52 week low. This is a very bad signal. The S&P500 Index is trading in the upper part of its 52 week range, so ITKY is lagging the market.
In the last month ITKY has a been trading in the 14.40 - 16.21 range, which is quite wide. It is currently trading near the lows of this range.
Warning: ITKY has an average volume of 8545 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
Volume is considerably higher in the last couple of days.
The technical rating of ITKY 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
14.36
20.27
When analyzing the support we notice one important area.
- A support zone ranging from 14.51 to 14.51. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 7 important resistance areas.
- A resistance zone ranging from 14.74 to 14.95. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 15.60 to 15.83. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @16.18 from a horizontal line in the daily time frame.
- Resistance @17.82 from a horizontal line in the daily time frame.
- Resistance @18.81 from a trend line in the weekly time frame.
- Strong resistance @19.63 from a horizontal line in the daily time frame.
- A resistance zone ranging from 20.02 to 20.07. 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 ITKY.AS is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for ITKY.AS is down. |
| ChartMill Relative Strength | 5.67 | NEGATIVE | ITKY.AS has a low relative strength, it was outperformed by 94.33% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of ITKY.AS is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of ITKY.AS is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of ITKY.AS is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 31.84 | NEUTRAL | The RSI value for ITKY.AS is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.05 | NEGATIVE | The MACD value suggests ITKY.AS has a negative trend. |
| Stochastics (14,3) | 4.26 | OVERSOLD | The low Stochastics value suggests ITKY.AS may be oversold. |
| Average True Range in percent/ATR (20) | 1.93 | LOW VOLATILITY | The low ATR as a percentage value for ITKY.AS suggests low volalility. |
| Average Directional Index/ADX (14) | 27.5 | POSITIVE | The high ADX value value for ITKY.AS 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)
AMS:ITKY (6/2/2025, 7:00:00 PM)
14.517
-0.05 (-0.32%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-0.32%
1 Week-3.41%
2 Weeks-7.71%
1 Month-2.38%
3 Month-25.61%
6 Month-26.38%
12 Month-31.62%
2 Year4.62%
3 Year49.34%
5 Year17.83%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.26
ATR(20)%1.93%
ATR Inc-6.37%
Range Today0.2
ADR(20)0.24
ADR(20)%1.65%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS5.67
Mansfield-2.46
10 Day High15.66
10 Day Low14.4
20 Day High16.21
20 Day Low14.4
52 Week High22.86
52 Week Low14.4
CS1 End14.51
CR1 Start14.74
Volume & EV
DER(3)0%
DER(5)0%
Volume7.64K
Volume Incr264.04%
Vol(5)14.15K
Vol(50)8.55K