Overall IVW gets a technical rating of 5 out of 10. This is due to a consistent overall performance, although we see some doubts in the very recent evolution. In the medium time frame things are still looking good.
Although the technical rating is only medium, IVW does present a nice setup opportunity. Prices have been consolidating lately. There is a support zone below the current price at 118.48, a Stop Loss order could be placed below this zone.
More info and screens
85.64
We found 2 important support areas.
- A support zone ranging from 117.70 to 118.48. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @86.51 from a trend line in the weekly time frame.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 119.14 to 122.47. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 124.79 to 126.28. 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 | UP | POSITIVE | The long term trend for IVW is up. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for IVW is down. |
| ChartMill Relative Strength | 80.27 | POSITIVE | IVW has a high relative strength, it outperformed 80.27% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of IVW is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of IVW is below 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) | 40.42 | NEUTRAL | The RSI value for IVW is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.71 | NEGATIVE | The MACD value suggests IVW has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 15.61 | OVERSOLD | The low Stochastics value suggests IVW may be oversold. |
| Average True Range in percent/ATR (20) | 1.92 | LOW VOLATILITY | The low ATR as a percentage value for IVW suggests low volalility. |
| Average Directional Index/ADX (14) | 18.75 | NEGATIVE | The low ADX value for IVW suggests a weak or negative trend. |
118.49
+0.79 (+0.67%)
ISHARES S&P 500 GROWTH ETF / IVW FAQ
What is the ChartMill technical rating of ISHARES S&P 500 GROWTH ETF (IVW) stock?
ChartMill assigns a technical rating of 5 / 10 to IVW.
Can you provide the trend direction for ISHARES S&P 500 GROWTH ETF?
The current trend direction for ISHARES S&P 500 GROWTH ETF (IVW) is Bullish.
What is the RSI signal for IVW stock?
ISHARES S&P 500 GROWTH ETF (IVW) has an RSI value of 40.4163. This indicates that the stock is currently neutral.
What is the MACD signal for ISHARES S&P 500 GROWTH ETF (IVW) stock?
The MACD indicator for ISHARES S&P 500 GROWTH ETF (IVW) has a value of -0.710786, indicating a bearish trend.
Can you provide the short term momentum for ISHARES S&P 500 GROWTH ETF?
The short term momentum for ISHARES S&P 500 GROWTH ETF (IVW) is negative.