ISHARES RUSSELL 1000 GROWTH (IWF) Stock Technical Analysis
USA - NYSEARCA:IWF - US4642876142 - ETF
460.14 USD
+1.5 (+0.33%)
459.5 USD
-0.64 (-0.14%)
We assign a technical rating of 9 out of 10 to IWF. Both in the recent history as in the last year, IWF has proven to be a steady performer, scoring decent points in every aspect analyzed.
Both the short term and long term trends are positive. This is a very positive sign.
When comparing the yearly performance of all stocks, we notice that IWF is one of the better performing stocks in the market, outperforming 78% of all stocks.
A new 52 week high is currently being made by IWF, which is a very good signal! However, this is in line with the S&P500, which is also trading near new highs.
In the last month IWF has a been trading in the 434.58 - 461.23 range, which is quite wide. It is currently trading near the high of this range.
Although IWF has an excellent technical rating, the quality of the presented setup is not ideal 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
343.11
464.75
When analyzing the support we can see 3 important areas.
- A support zone ranging from 431.91 to 451.39. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @403.16 from a horizontal line in the daily time frame.
- Support @346.58 from a trend line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 460.15 to 460.15. 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 IWF is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for IWF is up. |
| ChartMill Relative Strength | 78.07 | POSITIVE | IWF has a high relative strength, it outperformed 78.07% 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) | 68.23 | NEUTRAL | The RSI value for IWF is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.84 | POSITIVE | The MACD value suggests IWF has a positive trend. |
| Stochastics (14,3) | 93.7 | OVERBOUGHT | The high Stochastics value suggests IWF may be overbought. |
| Average True Range in percent/ATR (20) | 1.11 | LOW VOLATILITY | The low ATR as a percentage value for IWF suggests low volalility. |
| Average Directional Index/ADX (14) | 20.93 | NEUTRAL | The ADX value for IWF 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)
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 |
|---|---|---|---|
| 460.16 | 436.87 | 23.29 (5.06%) | 19.76% |
| An entry @460.16. This is a Buy Stop order right above the resistance zone. | An exit @436.87. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 23.29 points, which is 5.06%. | When investing 19.76% of your capital in this trade, your total portfolio risk will be 1.00%. |
- 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.
460.14
+1.5 (+0.33%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg0.33%
1 Week2.41%
2 Weeks2.04%
1 Month2.16%
3 Month13.46%
6 Month24.63%
12 Month25.42%
2 Year72.99%
3 Year118.7%
5 Year112.15%
10 Year394.77%
15 Year795.74%
Volatility
ATR(14)4.86
ATR(20)%1.11%
ATR Inc-42.33%
Range Today2.98
ADR(20)4.51
ADR(20)%0.98%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS78.07
Mansfield0.39
10 Day High461.23
10 Day Low436.88
20 Day High461.23
20 Day Low434.58
52 Week High461.23
52 Week Low308.67
CS1 End451.39
CR1 Start460.15
Volume & EV
DER(3)-3.73%
DER(5)-2.82%
Volume657.30K
Volume Incr-26.04%
Vol(5)645.41K
Vol(50)924.31K