ISHARES CORE S&P 500 ETF (IVV) Stock Technical Analysis
NYSEARCA:IVV - NYSE Arca - US4642872000 - ETF - Currency: USD
Taking everything into account, IVV scores 6 out of 10 in our technical rating. In the past year, IVV was only an average performing stock in the market. The medium term picture is unclear, although we see some positive events in recent action.
The short term trend is positive, while the long term trend is neutral. So this is evolving in the right direction.
IVV is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so IVV is performing more or less in line with the market.
IVV is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.
IVV has an average volume of 8099600 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
When comparing the performance of all stocks over the past year, IVV turns out to be only a medium performer in the overall market: it outperformed 67% of all stocks.
IVV has an average technical rating and it also does not offer a high quality setup 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.
More info and screens
492.55
622.02
We found 4 important support areas.
- A support zone ranging from 559.21 to 576.37. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @516.48 from a trend line in the weekly time frame.
- Support @507.60 from a horizontal line in the weekly time frame.
- A support zone ranging from 497.53 to 498.79. 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 587.46 to 590.29. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 601.59 to 615.86. 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 IVV is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for IVV is up. |
| ChartMill Relative Strength | 67.24 | NEUTRAL | IVV is not amongst the best or worst performers 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) | 56.54 | NEUTRAL | The RSI value for IVV is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.29 | POSITIVE | The MACD value suggests IVV has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 64.92 | NEUTRAL | The Stochastics value for IVV is a neutral value. |
| Average True Range in percent/ATR (20) | 1.36 | LOW VOLATILITY | The low ATR as a percentage value for IVV suggests low volalility. |
| Average Directional Index/ADX (14) | 18.82 | NEGATIVE | The low ADX value for IVV suggests a weak or negative trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
582
-3.76 (-0.64%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-0.64%
1 Week-2.52%
2 Weeks2.67%
1 Month5.21%
3 Month-3.46%
6 Month-2.75%
12 Month9.37%
2 Year38.76%
3 Year40.28%
5 Year90.71%
10 Year173.78%
15 Year430.54%
Volatility
ATR(14)7.46
ATR(20)%1.36%
ATR Inc-16.75%
Range Today6.25
ADR(20)6.78
ADR(20)%1.17%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS67.24
Mansfield0
10 Day High598.41
10 Day Low578.31
20 Day High598.41
20 Day Low544.1
52 Week High616.22
52 Week Low484
CS1 End576.37
CR1 Start587.46
Volume & EV
DER(3)-0.34%
DER(5)1.01%
Volume6.30M
Volume Incr83%
Vol(5)9.18M
Vol(50)8.10M