ISHARES S&P 500 GROWTH ETF (IVW) Stock Technical Analysis
USA - NYSEARCA:IVW - US4642873099 - ETF
119 USD
+0.13 (+0.11%)
119.276 USD
+0.28 (+0.23%)
Taking everything into account, IVW scores 9 out of 10 in our technical rating. Both in the recent history as in the last year, IVW has proven to be a steady performer, scoring decent points in every aspect analyzed.
Both the short term and long term trends are positive. This is a very positive sign.
When comparing the yearly performance of all stocks, we notice that IVW is one of the better performing stocks in the market, outperforming 78% of all stocks.
A new 52 week high is currently being made by IVW, which is a very good signal! However, this is in line with the S&P500, which is also trading near new highs.
In the last month IVW has a been trading in the 112.11 - 119.29 range, which is quite wide. It is currently trading near the high of this range.
IVW has an average volume of 1782860 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
IVW has an excellent technical rating, but the quality of the setup is only medium 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
84.79
120.19
4 important support areas can be observed.
- A support zone ranging from 111.72 to 116.60. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @105.47 from a horizontal line in the daily time frame.
- Support @89.13 from a trend line in the weekly time frame.
- Support @85.65 from a trend line in the weekly time frame.
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 | 78.83 | POSITIVE | IVW has a high relative strength, it outperformed 78.83% 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) | UP | POSITIVE | The current price of IVW is above the rising 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) | 69.37 | NEUTRAL | The RSI value for IVW is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.29 | POSITIVE | The MACD value suggests IVW has a positive trend. |
| Stochastics (14,3) | 94.49 | OVERBOUGHT | The high Stochastics value suggests IVW may be overbought. |
| Average True Range in percent/ATR (20) | 1.08 | LOW VOLATILITY | The low ATR as a percentage value for IVW suggests low volalility. |
| Average Directional Index/ADX (14) | 21.57 | NEUTRAL | The ADX value for IVW suggests a possible start of a new 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)
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 |
|---|---|---|---|
| 119.30 | 112.62 | 6.68 (5.60%) | 17.86% |
| An entry @119.30. This is a Buy Stop order right above the 10 day high. | An exit @112.62. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 6.68 points, which is 5.60%. | When investing 17.86% of your capital in this trade, your total portfolio risk will be 1.00%. |
- 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.
119
+0.13 (+0.11%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg0.11%
1 Week2.6%
2 Weeks2.38%
1 Month2.76%
3 Month13.23%
6 Month25.5%
12 Month27.41%
2 Year73.93%
3 Year105.7%
5 Year105.99%
10 Year341.56%
15 Year701.75%
Volatility
ATR(14)1.25
ATR(20)%1.08%
ATR Inc-50.03%
Range Today0.62
ADR(20)1.13
ADR(20)%0.95%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS78.83
Mansfield0.48
10 Day High119.29
10 Day Low112.63
20 Day High119.29
20 Day Low112.11
52 Week High119.29
52 Week Low79.31
CS1 End116.6
CR1 StartN/A
Volume & EV
DER(3)0.44%
DER(5)0.92%
Volume936.00K
Volume Incr-0.55%
Vol(5)1.69M
Vol(50)1.78M