ISHARES RUSSELL 2000 VALUE E (IWN) Stock Technical Analysis
NYSEARCA:IWN - US4642876308 - ETF
176 USD
+0.79 (+0.45%)
176 USD
0 (0%)
We assign a technical rating of 8 out of 10 to IWN. Although IWN 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!
IWN is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so IWN is lagging the market slightly.
In the last month IWN has a been trading in the 160.39 - 177.70 range, which is quite wide. It is currently trading near the high of this range.
When comparing the performance of all stocks over the past year, IWN turns out to be only a medium performer in the overall market: it outperformed 66% of all stocks.
Although IWN has an excellent technical rating, it does not offer a high 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
139.10
177.76
We found 5 important support areas.
- A support zone ranging from 172.92 to 173.87. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 161.48 to 166.71. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 156.36 to 157.09. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @152.68 from a horizontal line in the daily time frame.
- Support @140.50 from a trend line in the weekly time frame.
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 IWN is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for IWN is up. |
| ChartMill Relative Strength | 66.23 | NEUTRAL | IWN is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of IWN is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of IWN is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of IWN is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 69.35 | NEUTRAL | The RSI value for IWN is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.38 | POSITIVE | The MACD value suggests IWN has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 88.38 | OVERBOUGHT | The high Stochastics value suggests IWN may be overbought. |
| Average True Range in percent/ATR (20) | 1.45 | LOW VOLATILITY | The low ATR as a percentage value for IWN suggests low volalility. |
| Average Directional Index/ADX (14) | 34.88 | POSITIVE | The high ADX value value for IWN 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)
176
+0.79 (+0.45%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg0.45%
1 Week1.1%
2 Weeks5.81%
1 Month9.48%
3 Month13.86%
6 Month13.18%
12 Month10.49%
2 Year29.84%
3 Year36.51%
5 Year77.19%
10 Year95.34%
15 Year183.92%
Volatility
ATR(14)2.37
ATR(20)%1.45%
ATR Inc23.99%
Range Today3.45
ADR(20)2.29
ADR(20)%1.3%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS66.23
Mansfield-0.06
10 Day High177.7
10 Day Low167.31
20 Day High177.7
20 Day Low160.39
52 Week High183.51
52 Week Low129.38
CS1 End173.87
CR1 StartN/A
Volume & EV
DER(3)-4.68%
DER(5)-1.4%
Volume644.90K
Volume Incr-10.9%
Vol(5)758.52K
Vol(50)966.14K