ISHARES MICRO-CAP ETF (IWC) Stock Technical Analysis
NYSEARCA:IWC - NYSE Arca - US4642888691 - ETF - Currency: USD
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.
The long term trend is positive and the short term trend is neutral. The long term trend may just continue or reversal may be around the corner!
IWC is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so IWC is lagging the market slightly.
In the last month IWC has a been trading in the 126.19 - 137.53 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
When comparing the yearly performance of all stocks, we notice that IWC is one of the better performing stocks in the market, outperforming 74% of all stocks. However, this overall good ranking is mostly due to the recent strong move.
Volume is considerably higher in the last couple of days.
Although IWC has an excellent technical rating, it does not present a decent entry opportunity 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
102.08
140.24
2 important support areas can be observed.
- A support zone ranging from 127.17 to 127.87. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @103.11 from a trend line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 138.44 to 138.85. 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 | NEUTRAL | NEUTRAL | The short term trend for IWC is neutral. |
| ChartMill Relative Strength | 74.44 | POSITIVE | IWC has a high relative strength, it outperformed 74.44% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of IWC is below 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) | 51.25 | NEUTRAL | The RSI value for IWC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.95 | NEGATIVE | The MACD value suggests IWC has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 24.39 | NEUTRAL | The Stochastics value for IWC is a neutral value. |
| Average True Range in percent/ATR (20) | 1.79 | LOW VOLATILITY | The low ATR as a percentage value for IWC suggests low volalility. |
| Average Directional Index/ADX (14) | 21.91 | NEUTRAL | The ADX value for IWC 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)
131.58
+3.72 (+2.91%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg2.91%
1 Week-2.66%
2 Weeks-1.33%
1 Month0.14%
3 Month15.32%
6 Month0.15%
12 Month14.94%
2 Year22.13%
3 Year14.6%
5 Year40.22%
10 Year77.12%
15 Year250.41%
Volatility
ATR(14)2.44
ATR(20)%1.79%
ATR Inc78.69%
Range Today2.51
ADR(20)2.09
ADR(20)%1.59%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS74.44
Mansfield-0.19
10 Day High137.53
10 Day Low126.19
20 Day High137.53
20 Day Low126.19
52 Week High139.98
52 Week Low95.25
CS1 End127.87
CR1 Start138.44
Volume & EV
DER(3)10.99%
DER(5)6.95%
Volume44.48K
Volume Incr68.72%
Vol(5)58.98K
Vol(50)33.42K