We assign a technical rating of 8 out of 10 to IWD. Although IWD is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
- The long and short term trends are both positive. This is looking good!
- IWD 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.
- IWD has an average volume of 4457250 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- When comparing the performance of all stocks over the past year, IWD turns out to be only a medium performer in the overall market: it outperformed 69% of all stocks.
- In the last month IWD has a been trading in a tight range between 208.63 and 219.86.
Although IWD 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
168.84
4 important support areas can be observed.
- A support zone ranging from 214.23 to 214.58. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 207.96 to 210.60. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 199.08 to 200.45. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @170.55 from a horizontal line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 217.10 to 219.21. This zone is formed by a combination of multiple trend lines and important moving averages 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 IWD is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for IWD is up. |
| ChartMill Relative Strength | 69.47 | NEUTRAL | IWD is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of IWD is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of IWD is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of IWD is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 68.84 | NEUTRAL | The RSI value for IWD is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.37 | POSITIVE | The MACD value suggests IWD has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 94 | OVERBOUGHT | The high Stochastics value suggests IWD may be overbought. |
| Average True Range in percent/ATR (20) | 0.75 | LOW VOLATILITY | The low ATR as a percentage value for IWD suggests low volalility. |
| Average Directional Index/ADX (14) | 32.6 | POSITIVE | The high ADX value value for IWD suggests a strong trend. |
215.94
-3.05 (-1.39%)
ISHARES RUSSELL 1000 VALUE E / IWD FAQ
Can you provide the ChartMill technical rating for ISHARES RUSSELL 1000 VALUE E?
ChartMill assigns a technical rating of 8 / 10 to IWD.
Can you provide the trend direction for ISHARES RUSSELL 1000 VALUE E?
The current trend direction for ISHARES RUSSELL 1000 VALUE E (IWD) is Bullish.
What is the RSI signal for ISHARES RUSSELL 1000 VALUE E (IWD) stock?
ISHARES RUSSELL 1000 VALUE E (IWD) has an RSI value of 68.837. This indicates that the stock is currently neutral.
Can you provide the MACD signal for ISHARES RUSSELL 1000 VALUE E?
The MACD indicator for ISHARES RUSSELL 1000 VALUE E (IWD) has a value of 0.370571, indicating a bearish trend.
What are the support and resistance levels for ISHARES RUSSELL 1000 VALUE E (IWD) stock?
ISHARES RUSSELL 1000 VALUE E (IWD) has a support level at 217.1 and a resistance level at 219. Check the full technical report for our detailed analysis of IWD support and resistance levels.