ISHARES CORE S&P 500 ETF (IVV) Stock Technical Analysis
USA - NYSEARCA:IVV - US4642872000 - ETF
Taking everything into account, IVV scores 8 out of 10 in our technical rating. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, IVV is only an average performer.
Besides having an excellent technical rating, IVV also presents a decent setup pattern. Prices have been consolidating lately. A pullback is taking place, which may present a nice opportunity for an entry. There is a support zone below the current price at 678.33, a Stop Loss order could be placed below this zone.
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492.55
4 important support areas can be observed.
- A support zone ranging from 656.19 to 678.33. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @638.70 from a horizontal line in the daily time frame.
- Support @600.68 from a horizontal line in the daily time frame.
- Support @497.53 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 684.00 to 690.72. This zone is formed by a combination of multiple trend lines and important moving averages 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 IVV is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for IVV is up. |
| ChartMill Relative Strength | 71.39 | POSITIVE | IVV has a high relative strength, it outperformed 71.39% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of IVV is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of IVV is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of IVV is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 55.37 | NEUTRAL | The RSI value for IVV is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.24 | NEGATIVE | The MACD value suggests IVV has a negative trend. |
| Stochastics (14,3) | 66.14 | NEUTRAL | The Stochastics value for IVV is a neutral value. |
| Average True Range in percent/ATR (20) | 1.22 | LOW VOLATILITY | The low ATR as a percentage value for IVV suggests low volalility. |
| Average Directional Index/ADX (14) | 14.94 | NEGATIVE | The low ADX value for IVV suggests a weak or negative trend. |
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 |
|---|---|---|---|
| 690.73 | 671.07 | 19.66 (2.85%) | 25.00% |
| An entry @690.73. This is a Buy Stop order right above the resistance zone. | An exit @671.07. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 19.66 points, which is 2.85%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.71%. |
- 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.
680.91
+2.1 (+0.31%)
ISHARES CORE S&P 500 ETF / IVV FAQ
What is the technical rating for IVV stock?
ChartMill assigns a technical rating of 8 / 10 to IVV.
What is the trend direction for IVV stock?
The current trend direction for ISHARES CORE S&P 500 ETF (IVV) is Bullish.
Can you provide the RSI signal for ISHARES CORE S&P 500 ETF?
ISHARES CORE S&P 500 ETF (IVV) has an RSI value of 55.3681. This indicates that the stock is currently neutral.
What is the short term momentum for ISHARES CORE S&P 500 ETF (IVV) stock?
The short term momentum for ISHARES CORE S&P 500 ETF (IVV) is positive.
What is the buy/sell signal for ISHARES CORE S&P 500 ETF (IVV) stock?
The buy/sell signal for ISHARES CORE S&P 500 ETF (IVV) is buy as both the short term and long term trends are positive.