Overall IVV gets a technical rating of 8 out of 10. Both in the recent history as in the last year, IVV has proven to be a steady performer, scoring decent points in every aspect analyzed.
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 resistance zone just above the current price starting at 687.50. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 679.28, a Stop Loss order could be placed below this zone. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
492.55
When analyzing the support we can see 3 important areas.
- A support zone ranging from 655.76 to 679.28. 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 @497.53 from a horizontal line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 687.50 to 692.60. 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 | 70.17 | POSITIVE | IVV has a high relative strength, it outperformed 70.17% 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) | 53.72 | NEUTRAL | The RSI value for IVV is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.74 | POSITIVE | The MACD value suggests IVV has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 89.59 | OVERBOUGHT | The high Stochastics value suggests IVV may be overbought. |
| Average True Range in percent/ATR (20) | 1.23 | LOW VOLATILITY | The low ATR as a percentage value for IVV suggests low volalility. |
| Average Directional Index/ADX (14) | 16.72 | 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 |
|---|---|---|---|
| 692.61 | 682.12 | 10.49 (1.51%) | 25.00% |
| An entry @692.61. This is a Buy Stop order right above the resistance zone. | An exit @682.12. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 10.49 points, which is 1.51%. | For a 0.38% total portfolio risk, you can invest 25.00% of your capital in this trade. |
- 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.
685.17
-7.42 (-1.07%)
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 53.7185. 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.