ISHARES MSCI TURKEY (ITKY.MI) Stock Technical Analysis
BIT:ITKY - Euronext Milan - IE00B1FZS574 - ETF - Currency: EUR
Overall ITKY gets a technical rating of 0 out of 10. 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.
When comparing the yearly performance of all stocks, ITKY is a bad performer in the overall market: 81% of all stocks are doing better.
ITKY is currently trading near the lower end of its 52 week range, which is not a good sign. The S&P500 Index is trading in the upper part of its 52 week range, so ITKY is lagging the market.
Warning: ITKY has an average volume of 5184 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
In the last month ITKY has a been trading in the 14.41 - 16.67 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
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
14.41
20.20
We found 1 important support area.
- A support zone ranging from 14.56 to 14.58. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 3 important resistance areas.
- A resistance zone ranging from 15.27 to 15.31. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @17.91 from a trend line in the daily time frame.
- Resistance @20.00 from a horizontal line in the daily time frame.
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.MI is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for ITKY.MI is down. |
| ChartMill Relative Strength | 19.41 | NEGATIVE | ITKY.MI has a low relative strength, it was outperformed by 80.59% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of ITKY.MI is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of ITKY.MI is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of ITKY.MI is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 43.58 | NEUTRAL | The RSI value for ITKY.MI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.09 | POSITIVE | The MACD value suggests ITKY.MI has a positive trend. |
| Stochastics (14,3) | 27.99 | NEUTRAL | The Stochastics value for ITKY.MI is a neutral value. |
| Average True Range in percent/ATR (20) | 2.51 | MEDIUM VOLATILITY | The ATR as a percentage value for ITKY.MI suggests some volalility. |
| Average Directional Index/ADX (14) | 26.26 | POSITIVE | The high ADX value value for ITKY.MI 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)
BIT:ITKY (6/5/2025, 7:00:00 PM)
15.258
+0.39 (+2.64%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg2.64%
1 Week2.46%
2 Weeks2.4%
1 Month-8.68%
3 Month-18.65%
6 Month-29.15%
12 Month-7.81%
2 Year10.47%
3 Year46.51%
5 Year37.26%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.35
ATR(20)%2.51%
ATR Inc9.45%
Range Today0.13
ADR(20)0.15
ADR(20)%0.99%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS19.41
Mansfield-2.61
10 Day High16.17
10 Day Low14.41
20 Day High16.67
20 Day Low14.41
52 Week High23.08
52 Week Low14.41
CS1 End14.58
CR1 Start15.27
Volume & EV
DER(3)0%
DER(5)0%
Volume20.06K
Volume Incr7.21%
Vol(5)7.85K
Vol(50)5.18K