ISHARES RUSSELL 1000 VALUE E (IWD) Technical Analysis
NYSEARCA:IWD • US4642875987
Overall IWD gets a technical rating of 5 out of 10. In the last year, IWD was a medium performer in the overall market. The medium term is still looking fine, but we see some doubts in the very recent evolution.
- The long term trend is positive and the short term trend is neutral. The long term trend gets the benefit of the doubt for now.
- IWD is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so IWD is performing more or less in line with the market.
- IWD has an average volume of 3767300 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- When compared to the yearly performance of all other stocks, IWD outperforms 67% of them, which is more or less in line with the market.
- In the last month IWD has a been trading in a tight range between 216.18 and 226.39.
IWD has an average technical rating and it also does not offer a high quality setup 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
We found 4 important support areas.
- Support @207.22 from a trend line in the daily time frame.
- A support zone ranging from 199.08 to 200.45. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Support @194.13 from a horizontal line in the daily time frame.
- Support @170.55 from a horizontal line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 223.24 to 225.53. 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 | NEUTRAL | NEUTRAL | The short term trend for IWD is neutral. |
| ChartMill Relative Strength | 67.82 | NEUTRAL | IWD is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of IWD is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of IWD is below 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) | 37.6 | NEUTRAL | The RSI value for IWD is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.94 | NEGATIVE | The MACD value suggests IWD has a negative trend. |
| Stochastics (14,3) | 32.91 | NEUTRAL | The Stochastics value for IWD is a neutral value. |
| Average True Range in percent/ATR (20) | 1.27 | LOW VOLATILITY | The low ATR as a percentage value for IWD suggests low volalility. |
| Average Directional Index/ADX (14) | 25.76 | POSITIVE | The high ADX value value for IWD suggests a strong trend. |
IWD Technicals: Chart, Performance Metrics, Trend & Indicators
217.72
-2.87 (-1.3%)
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 5 / 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 37.5959. 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 -0.936297, 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 207.22 and a resistance level at 223.24. Check the full technical report for our detailed analysis of IWD support and resistance levels.