iShares Virtual Work and Life Multisector ETF (IWFH) Technical Analysis
NYSEARCA:IWFH • US46436E5859
Current stock price
IWFH Technical Rating and Analysis
Taking everything into account, IWFH scores 0 out of 10 in our technical rating. IWFH's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
- Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
- When comparing the yearly performance of all stocks, IWFH is a bad performer in the overall market: 75% of all stocks are doing better.
- IWFH is currently showing a bear flag pattern! A bear flag pattern occurs when prices pull back slightly after a strong move down. This may present a good short opportunity.
- Warning: IWFH has an average volume of 1166 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
- IWFH is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so IWFH is lagging the market.
IWFH Weekly and Daily overview Charts
IWFH Setup Rating and Analysis
The technical rating of IWFH is bad and it also does not present a 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
IWFH Support and Resistance Analysis
13.38
2 important support areas can be observed.
- Support @14.26 from a horizontal line in the daily time frame.
- Support @13.52 from a trend line in the weekly time frame.
When analyzing the resistance we notice 4 important areas.
- A resistance zone ranging from 14.85 to 14.96. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 15.28 to 15.31. This zone is formed by a combination of multiple trend lines in the daily time frame.
- A resistance zone ranging from 15.65 to 15.85. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @16.13 from a horizontal line in the weekly time frame.
IWFH Technical Indicator Signal Analysis
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 | DOWN | NEGATIVE | The long term trend for IWFH is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for IWFH is down. |
| ChartMill Relative Strength | 25.7 | NEGATIVE | IWFH has a low relative strength, it was outperformed by 74.3% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of IWFH is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of IWFH is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of IWFH is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 36.01 | NEUTRAL | The RSI value for IWFH is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.08 | NEGATIVE | The MACD value suggests IWFH has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 6.93 | OVERSOLD | The low Stochastics value suggests IWFH may be oversold. |
| Average True Range in percent/ATR (20) | 1.3 | LOW VOLATILITY | The low ATR as a percentage value for IWFH suggests low volalility. |
| Average Directional Index/ADX (14) | 15.31 | NEGATIVE | The low ADX value for IWFH suggests a weak or negative trend. |
IWFH Chart- and CandleStick Pattern Analysis
IWFH Technicals: Chart, Performance Metrics, Trend & Indicators
iShares Virtual Work and Life Multisector ETF
NYSEARCA:IWFH (8/12/2024, 8:04:00 PM)
14.375
+0.03 (+0.17%)
iShares Virtual Work and Life Multisector ETF / IWFH TA FAQ
Can you provide the ChartMill technical rating for iShares Virtual Work and Life Multisector ETF?
ChartMill assigns a technical rating of 0 / 10 to IWFH.
Can you provide the trend direction for iShares Virtual Work and Life Multisector ETF?
The current trend direction for iShares Virtual Work and Life Multisector ETF (IWFH) is Bearish.
What is the RSI signal for IWFH stock?
iShares Virtual Work and Life Multisector ETF (IWFH) has an RSI value of 36.0065. This indicates that the stock is currently neutral.
Can you provide the buy/sell signal for iShares Virtual Work and Life Multisector ETF?
The buy/sell signal for iShares Virtual Work and Life Multisector ETF (IWFH) is sell as both the short term and long term trends are negative.
What is the support and resistance level for IWFH stock?
iShares Virtual Work and Life Multisector ETF (IWFH) has a support level at 14.26 and a resistance level at 14.85. Check the full technical report for our detailed analysis of IWFH support and resistance levels.