NYSEARCA:IVOL - NYSE Arca - US5007677363 - ETF - Currency: USD
We assign a technical rating of 4 out of 10 to IVOL. IVOL has been an average performer in the overall market. We also notice some doubts in the very recent evolution, but in the medium term things are still fine.
Although the technical rating is only medium, IVOL does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 19.31. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 19.17, a Stop Loss order could be placed below this zone.
17.27
We found 4 important support areas.
We can see 2 important resistance areas.
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 IVOL is up. |
ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for IVOL is neutral. |
ChartMill Relative Strength | 57.09 | NEUTRAL | IVOL is not amongst the best or worst performers on the market. |
Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of IVOL is below a declining SMA(20). |
Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of IVOL is below a declining SMA(50). |
Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of IVOL is above a declining SMA(200). |
Relative Strength Index/RSI (14) | 48.71 | NEUTRAL | The RSI value for IVOL is a neutral value. |
Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests IVOL has a negative trend, although the MACD value is rising. |
Stochastics (14,3) | 45.43 | NEUTRAL | The Stochastics value for IVOL is a neutral value. |
Average True Range in percent/ATR (20) | 1.06 | LOW VOLATILITY | The low ATR as a percentage value for IVOL suggests low volalility. |
Average Directional Index/ADX (14) | 16.29 | NEGATIVE | The low ADX value for IVOL suggests a weak or negative trend. |
19.25
+0.04 (+0.21%)