ISHARES RUSSELL 1000 GROWTH (IWF) Stock Technical Analysis
NYSEARCA:IWF - NYSE Arca - US4642876142 - ETF - Currency: USD
Taking everything into account, IWF scores 7 out of 10 in our technical rating. In the last year, IWF was an average performer in the market. There are positive signs in the very recent evolution, but the medium term picture is still mixed.
Both the short term and long term trends are positive. This is a very positive sign.
IWF 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 IWF is performing more or less in line with the market.
In the last month IWF has a been trading in the 388.30 - 412.75 range, which is quite wide. It is currently trading near the high of this range.
IWF has an average volume of 1816190 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Looking at the yearly performance, IWF did better than 75% of all other stocks. However, this overall performance is mostly based on the strong move around 7 months ago.
Considerably lower volume is observed in the last couple of days.
IWF has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. A pullback is taking place, which may present a nice opportunity for an entry.
More info and screens
331.41
423.14
We found 2 important support areas.
- A support zone ranging from 387.44 to 390.59. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @334.76 from a trend line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 406.78 to 418.95. 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 IWF is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for IWF is up. |
| ChartMill Relative Strength | 75.57 | POSITIVE | IWF has a high relative strength, it outperformed 75.57% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of IWF is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of IWF is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of IWF is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 60.48 | NEUTRAL | The RSI value for IWF is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.67 | NEGATIVE | The MACD value suggests IWF has a negative trend. |
| Stochastics (14,3) | 79.75 | NEUTRAL | The Stochastics value for IWF is a neutral value. |
| Average True Range in percent/ATR (20) | 1.32 | LOW VOLATILITY | The low ATR as a percentage value for IWF suggests low volalility. |
| Average Directional Index/ADX (14) | 19.2 | NEGATIVE | The low ADX value for IWF suggests a weak or negative 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)
405.57
-5.2 (-1.27%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-1.27%
1 Week-0.49%
2 Weeks1.54%
1 Month1.59%
3 Month9.85%
6 Month-2.05%
12 Month11.7%
2 Year47.38%
3 Year85.45%
5 Year111.29%
10 Year309.63%
15 Year784.94%
Volatility
ATR(14)5.24
ATR(20)%1.32%
ATR Inc-12.53%
Range Today4.74
ADR(20)4.79
ADR(20)%1.18%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS75.57
Mansfield0.21
10 Day High412.75
10 Day Low396.58
20 Day High412.75
20 Day Low388.3
52 Week High419.53
52 Week Low308.67
CS1 End390.59
CR1 Start406.78
Volume & EV
DER(3)-0.38%
DER(5)1.22%
Volume952.10K
Volume Incr-31.39%
Vol(5)936.02K
Vol(50)1.82M