ISHARES CORE S&P TOTAL U.S. (ITOT) Stock Technical Analysis
NYSEARCA:ITOT - NYSE Arca - US4642871507 - ETF - Currency: USD
We assign a technical rating of 7 out of 10 to ITOT. ITOT has been a medium performer in the overall market. Some doubts are observed in the medium time frame, but recent action was very positive.
The long and short term trends are both positive. This is looking good!
ITOT 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 ITOT is performing more or less in line with the market.
ITOT has an average volume of 2148190 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
When comparing the performance of all stocks over the past year, ITOT turns out to be only a medium performer in the overall market: it outperformed 69% of all stocks.
In the last month ITOT has a been trading in a tight range between 125.59 and 132.35.
Besides having an excellent technical rating, ITOT also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. A pullback is taking place, which may present a nice opportunity for an entry.
More info and screens
107.69
135.96
When analyzing the support we can see 3 important areas.
- A support zone ranging from 126.49 to 126.80. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @113.19 from a trend line in the weekly time frame.
- Support @108.78 from a horizontal line in the weekly time frame.
2 important resistance areas can be observed.
- A resistance zone ranging from 130.90 to 132.14. 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 134.28 to 134.61. 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 | UP | POSITIVE | The long term trend for ITOT is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for ITOT is up. |
| ChartMill Relative Strength | 69.02 | NEUTRAL | ITOT is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of ITOT is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of ITOT is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of ITOT is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 56.29 | NEUTRAL | The RSI value for ITOT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.32 | NEGATIVE | The MACD value suggests ITOT has a negative trend. |
| Stochastics (14,3) | 63.3 | NEUTRAL | The Stochastics value for ITOT is a neutral value. |
| Average True Range in percent/ATR (20) | 1.11 | LOW VOLATILITY | The low ATR as a percentage value for ITOT suggests low volalility. |
| Average Directional Index/ADX (14) | 14.39 | NEGATIVE | The low ADX value for ITOT 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)
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 130.91 | 129.23 | 1.68 (1.28%) | 25.00% |
| An entry @130.91. This is a Buy Stop order right above the 10 day moving average. | An exit @129.23. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 1.68 points, which is 1.28%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.32%. |
- The distance between exit and entry is rather small compared to the average daily movement of ITOT. Please evaluate whether better entry and exit points can be found.
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
130.2
+0.06 (+0.05%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg0.05%
1 Week-0.97%
2 Weeks-0.02%
1 Month0.46%
3 Month5.54%
6 Month0.32%
12 Month9.7%
2 Year33.07%
3 Year55.41%
5 Year87.5%
10 Year175.7%
15 YearN/A
Volatility
ATR(14)1.27
ATR(20)%1.11%
ATR Inc-12.73%
Range Today1.02
ADR(20)1.27
ADR(20)%0.97%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS69.02
Mansfield-0.05
10 Day High132.35
10 Day Low129.24
20 Day High132.35
20 Day Low125.59
52 Week High134.7
52 Week Low105
CS1 End126.8
CR1 Start130.9
Volume & EV
DER(3)0.12%
DER(5)0.6%
Volume1.67M
Volume Incr10.02%
Vol(5)1.54M
Vol(50)2.15M