ISHARES S&P 500 GROWTH ETF (IVW) Technical Analysis
NYSEARCA:IVW • US4642873099
Current stock price
IVW Technical Rating and Analysis
Overall IVW gets a technical rating of 8 out of 10. In the last year, IVW was one of the better performers in the market. There are positive signs in the very recent evolution, but the medium term picture is slightly mixed.
- Considerably lower volume is observed in the last couple of days, which is not what you would like to see during a strong up movement.
- The short term trend is positive, while the long term trend is neutral. So this is evolving in the right direction.
- When comparing the yearly performance of all stocks, we notice that IVW is one of the better performing stocks in the market, outperforming 75% of all stocks. On top of that, IVW also shows a nice and consistent pattern of rising prices.
- IVW is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
- In the last month IVW has a been trading in the 108.13 - 126.40 range, which is quite wide. It is currently trading near the high of this range.
- IVW has an average volume of 5424720 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
IVW Weekly and Daily overview Charts
IVW Setup Rating and Analysis
Although IVW has an excellent technical rating, it does not offer a high quality setup at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
IVW Support and Resistance Analysis
107.62
When analyzing the support we can see 4 important areas.
- Support @126.28 from a horizontal line in the daily time frame.
- Support @121.65 from a horizontal line in the daily time frame.
- A support zone ranging from 118.52 to 119.33. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 108.71 to 111.72. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 126.35 to 126.35. This zone is formed by a combination of multiple trend lines in multiple time frames.
IVW Technical Indicator Signal Analysis
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 IVW is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for IVW is up. |
| ChartMill Relative Strength | 75.64 | POSITIVE | IVW has a high relative strength, it outperformed 75.64% 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) | 71.18 | OVERBOUGHT | The high RSI value suggests IVW may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 1.55 | POSITIVE | The MACD value suggests IVW has a positive trend. |
| Stochastics (14,3) | 99.8 | OVERBOUGHT | The high Stochastics value suggests IVW may be overbought. |
| Average True Range in percent/ATR (20) | 1.88 | LOW VOLATILITY | The low ATR as a percentage value for IVW suggests low volalility. |
| Average Directional Index/ADX (14) | 28.35 | POSITIVE | The high ADX value value for IVW suggests a strong trend. |
IVW Chart- and CandleStick Pattern Analysis
IVW Technicals: Chart, Performance Metrics, Trend & Indicators
126.34
+1.65 (+1.32%)
ISHARES S&P 500 GROWTH ETF / IVW TA FAQ
What is the ChartMill technical rating of ISHARES S&P 500 GROWTH ETF (IVW) stock?
ChartMill assigns a technical rating of 8 / 10 to IVW.
What is the current trend direction of ISHARES S&P 500 GROWTH ETF (IVW) stock?
The current trend direction for ISHARES S&P 500 GROWTH ETF (IVW) is Bearish.
What is the RSI signal for ISHARES S&P 500 GROWTH ETF (IVW) stock?
ISHARES S&P 500 GROWTH ETF (IVW) has an RSI value of 71.179. This indicates that the stock is currently overbought.
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 1.55416, indicating a bullish trend.
What are the support and resistance levels for ISHARES S&P 500 GROWTH ETF (IVW) stock?
ISHARES S&P 500 GROWTH ETF (IVW) has a support level at 126.28 and a resistance level at 126.35. Check the full technical report for our detailed analysis of IVW support and resistance levels.