ISHARES RUSSELL 1000 VALUE E (IWD) Stock Technical Analysis
USA - NYSEARCA:IWD - US4642875987 - ETF
202.63 USD
-1.23 (-0.6%)
202.5 USD
-0.13 (-0.06%)
Taking everything into account, IWD scores 7 out of 10 in our technical rating. 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 2128630 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 55% of all stocks.
In the last month IWD has a been trading in a tight range between 197.77 and 204.02.
IWD has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 202.64. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 202.28, a Stop Loss order could be placed below this zone.
More info and screens
168.84
205.91
When analyzing the support we can see 4 important areas.
- A support zone ranging from 192.75 to 202.28. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @188.77 from a horizontal line in the daily time frame.
- Support @178.58 from a trend line in the weekly 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 202.64 to 203.87. 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 IWD is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for IWD is up. |
| ChartMill Relative Strength | 55.87 | 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) | 60.42 | NEUTRAL | The RSI value for IWD is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.04 | POSITIVE | The MACD value suggests IWD has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 77.66 | NEUTRAL | The Stochastics value for IWD is a neutral value. |
| Average True Range in percent/ATR (20) | 0.78 | LOW VOLATILITY | The low ATR as a percentage value for IWD suggests low volalility. |
| Average Directional Index/ADX (14) | 30.83 | POSITIVE | The high ADX value value for IWD suggests a strong 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)
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 203.88 | 199.12 | 4.76 (2.33%) | 25.00% |
| An entry @203.88. This is a Buy Stop order right above the resistance zone. | An exit @199.12. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 4.76 points, which is 2.33%. | For a 0.58% total portfolio risk, you can invest 25.00% of your capital in this trade. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
202.63
-1.23 (-0.6%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-0.6%
1 Week0.52%
2 Weeks0.51%
1 Month2%
3 Month6.74%
6 Month8.86%
12 Month8.84%
2 Year33.47%
3 Year49%
5 Year71.53%
10 Year117.23%
15 Year243.5%
Volatility
ATR(14)1.58
ATR(20)%0.78%
ATR Inc24.91%
Range Today1.32
ADR(20)1.45
ADR(20)%0.72%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS55.87
Mansfield-0.43
10 Day High204.02
10 Day Low199.13
20 Day High204.02
20 Day Low197.77
52 Week High204.02
52 Week Low163.19
CS1 End202.28
CR1 Start202.64
Volume & EV
DER(3)1.15%
DER(5)-0.04%
Volume1.81M
Volume Incr8.78%
Vol(5)2.27M
Vol(50)2.13M