We assign a technical rating of 6 out of 10 to IVW. Although IVW is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
IVW has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 124.99. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 124.15, a Stop Loss order could be placed below this zone. Another positive sign is the recent Pocket Pivot signal.
86.25
3 important support areas can be observed.
We found 1 important resistance 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 IVW is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for IVW is up. |
| ChartMill Relative Strength | 71.59 | POSITIVE | IVW has a high relative strength, it outperformed 71.59% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of IVW is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of IVW is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of IVW is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 56.1 | NEUTRAL | The RSI value for IVW is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.03 | POSITIVE | The MACD value suggests IVW has a positive trend. |
| Stochastics (14,3) | 74.75 | NEUTRAL | The Stochastics value for IVW is a neutral value. |
| Average True Range in percent/ATR (20) | 1.13 | LOW VOLATILITY | The low ATR as a percentage value for IVW suggests low volalility. |
| Average Directional Index/ADX (14) | 9.38 | NEGATIVE | The low ADX value for IVW 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 |
|---|---|---|---|
| 126.29 | 122.64 | 3.65 (2.89%) | 25.00% |
| An entry @126.29. This is a Buy Stop order right above the resistance zone. | An exit @122.64. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 3.65 points, which is 2.89%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.72%. |
124.66
+0.93 (+0.75%)
ChartMill assigns a technical rating of 6 / 10 to IVW.
The current trend direction for ISHARES S&P 500 GROWTH ETF (IVW) is Bullish.
ISHARES S&P 500 GROWTH ETF (IVW) has an RSI value of 56.1012. This indicates that the stock is currently neutral.
The MACD indicator for ISHARES S&P 500 GROWTH ETF (IVW) has a value of 0.0301636, indicating a bearish trend.
The short term momentum for ISHARES S&P 500 GROWTH ETF (IVW) is positive.