Taking everything into account, IUSB scores 7 out of 10 in our technical rating. Although IUSB is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
Although IUSB has an excellent technical rating, the quality of the presented setup is not ideal 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.
44.26
When analyzing the support we notice one important area.
When analyzing the resistance we notice one important area.
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 IUSB is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for IUSB is up. |
| ChartMill Relative Strength | 53.05 | NEUTRAL | IUSB is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of IUSB is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of IUSB is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of IUSB is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 58.94 | NEUTRAL | The RSI value for IUSB is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.04 | POSITIVE | The MACD value suggests IUSB has a positive trend. |
| Stochastics (14,3) | 91.88 | OVERBOUGHT | The high Stochastics value suggests IUSB may be overbought. |
| Average True Range in percent/ATR (20) | 0.25 | LOW VOLATILITY | The low ATR as a percentage value for IUSB suggests low volalility. |
| Average Directional Index/ADX (14) | 18.74 | NEGATIVE | The low ADX value for IUSB suggests a weak or negative trend. |
46.96
-0.06 (-0.13%)
ChartMill assigns a technical rating of 7 / 10 to IUSB.
The current trend direction for ISHR CR UNVRSE USD BD ETF-UI (IUSB) is Bullish.
ISHR CR UNVRSE USD BD ETF-UI (IUSB) has an RSI value of 58.9378. This indicates that the stock is currently neutral.
The short term momentum for ISHR CR UNVRSE USD BD ETF-UI (IUSB) is positive.
ISHR CR UNVRSE USD BD ETF-UI (IUSB) has a support level at 46.92 and a resistance level at 47.09. Check the full technical report for our detailed analysis of IUSB support and resistance levels.