ISHARES S&P 500 ENERGY (IUES.L) Stock Technical Analysis
LON:IUES - London Exchange - IE00B42NKQ00 - ETF - Currency: USD
We assign a technical rating of 1 out of 10 to IUES. IUES scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
Although the technical rating is bad, IUES does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 8.79. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 8.74, a Stop Loss order could be placed below this zone.
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7.63
When analyzing the support we can see 2 important areas.
- A support zone ranging from 8.70 to 8.74. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 7.71 to 7.85. This zone is formed by a combination of multiple trend lines in multiple time frames.
2 important resistance areas can be observed.
- A resistance zone ranging from 8.79 to 9.09. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 9.78 to 9.80. 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 | NEUTRAL | NEUTRAL | The long term trend for IUES.L is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for IUES.L is neutral. |
| ChartMill Relative Strength | 33.62 | NEUTRAL | IUES.L is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of IUES.L is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of IUES.L is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of IUES.L is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 48.86 | NEUTRAL | The RSI value for IUES.L is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests IUES.L has a positive trend. |
| Stochastics (14,3) | 43.14 | NEUTRAL | The Stochastics value for IUES.L is a neutral value. |
| Average True Range in percent/ATR (20) | 1.28 | LOW VOLATILITY | The low ATR as a percentage value for IUES.L suggests low volalility. |
| Average Directional Index/ADX (14) | 11.62 | NEGATIVE | The low ADX value for IUES.L suggests a weak or negative trend. |
LON:IUES (8/21/2025, 3:50:25 PM)
8.783
-0.01 (-0.11%)