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.
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.
13.38
When analyzing the support we can see 2 important areas.
When analyzing the resistance we notice 4 important areas.
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. |
iShares Virtual Work and Life Multisector ETF
NYSEARCA:IWFH (8/12/2024, 8:04:00 PM)
14.375
+0.03 (+0.17%)
ChartMill assigns a technical rating of 0 / 10 to IWFH.
The current trend direction for iShares Virtual Work and Life Multisector ETF (IWFH) is Bearish.
iShares Virtual Work and Life Multisector ETF (IWFH) has an RSI value of 36.0065. This indicates that the stock is currently neutral.
The short term momentum for iShares Virtual Work and Life Multisector ETF (IWFH) is negative.
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.