Taking everything into account, IWC scores 7 out of 10 in our technical rating. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, IWC is only an average performer.
Although IWC has an excellent technical rating, the quality of the presented setup is not ideal 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
140.16
When analyzing the support we can see 3 important areas.
- A support zone ranging from 147.88 to 152.24. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 143.97 to 145.17. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Support @141.58 from a horizontal line in the daily time frame.
We found 1 important resistance area.
- A resistance zone ranging from 158.46 to 159.96. 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 IWC is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for IWC is up. |
| ChartMill Relative Strength | 76.77 | POSITIVE | IWC has a high relative strength, it outperformed 76.77% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of IWC is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of IWC is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of IWC is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 59.47 | NEUTRAL | The RSI value for IWC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.64 | POSITIVE | The MACD value suggests IWC has a positive trend. |
| Stochastics (14,3) | 88.24 | OVERBOUGHT | The high Stochastics value suggests IWC may be overbought. |
| Average True Range in percent/ATR (20) | 2.29 | MEDIUM VOLATILITY | The ATR as a percentage value for IWC suggests some volalility. |
| Average Directional Index/ADX (14) | 18.73 | NEGATIVE | The low ADX value for IWC suggests a weak or negative trend. |
156.3
+1.51 (+0.98%)
ISHARES MICRO-CAP ETF / IWC FAQ
Can you provide the ChartMill technical rating for ISHARES MICRO-CAP ETF?
ChartMill assigns a technical rating of 7 / 10 to IWC.
Can you provide the trend direction for ISHARES MICRO-CAP ETF?
The current trend direction for ISHARES MICRO-CAP ETF (IWC) is Bullish.
What is the RSI signal for IWC stock?
ISHARES MICRO-CAP ETF (IWC) has an RSI value of 59.4695. This indicates that the stock is currently neutral.
What is the MACD signal for IWC stock?
The MACD indicator for ISHARES MICRO-CAP ETF (IWC) has a value of 0.642388, indicating a bearish trend.
What is the support and resistance level for IWC stock?
ISHARES MICRO-CAP ETF (IWC) has a support level at 152.24 and a resistance level at 158.46. Check the full technical report for our detailed analysis of IWC support and resistance levels.