ISHARES RUSSELL MID-CAP GROW (IWP) Technical Analysis
NYSEARCA:IWP • US4642874816
Current stock price
IWP Technical Rating and Analysis
We assign a technical rating of 0 out of 10 to IWP. IWP scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
- The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
- When comparing the yearly performance of all stocks, IWP is a bad performer in the overall market: 62% of all stocks are doing better.
- In the last month IWP has a been trading in the 124.63 - 137.30 range, which is quite wide. It is currently trading near the lows of this range.
- IWP is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so IWP is lagging the market slightly.
- Volume is considerably higher in the last couple of days.
IWP Weekly and Daily overview Charts
IWP Setup Rating and Analysis
The technical rating of IWP is bad and it also does not present a quality setup at the moment. Prices have been extended to the downside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
IWP Support and Resistance Analysis
105.15
We found 2 important support areas.
- Support @108.57 from a horizontal line in the weekly time frame.
- Support @106.21 from a horizontal line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 131.78 to 142.42. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
IWP 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 IWP is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for IWP is down. |
| ChartMill Relative Strength | 38.99 | NEUTRAL | IWP is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of IWP is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of IWP is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of IWP is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 32.47 | NEUTRAL | The RSI value for IWP is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.46 | NEGATIVE | The MACD value suggests IWP has a negative trend. |
| Stochastics (14,3) | 15.64 | OVERSOLD | The low Stochastics value suggests IWP may be oversold. |
| Average True Range in percent/ATR (20) | 2.26 | MEDIUM VOLATILITY | The ATR as a percentage value for IWP suggests some volalility. |
| Average Directional Index/ADX (14) | 36.31 | POSITIVE | The high ADX value value for IWP suggests a strong trend. |
IWP Chart- and CandleStick Pattern Analysis
IWP Technicals: Chart, Performance Metrics, Trend & Indicators
124.94
-2.87 (-2.25%)
ISHARES RUSSELL MID-CAP GROW / IWP TA FAQ
What is the ChartMill technical rating of ISHARES RUSSELL MID-CAP GROW (IWP) stock?
ChartMill assigns a technical rating of 0 / 10 to IWP.
What is the current trend direction of ISHARES RUSSELL MID-CAP GROW (IWP) stock?
The current trend direction for ISHARES RUSSELL MID-CAP GROW (IWP) is Bearish.
What is the RSI signal for IWP stock?
ISHARES RUSSELL MID-CAP GROW (IWP) has an RSI value of 32.4688. This indicates that the stock is currently neutral.
What is the short term momentum for ISHARES RUSSELL MID-CAP GROW (IWP) stock?
The short term momentum for ISHARES RUSSELL MID-CAP GROW (IWP) is negative.
What is the buy/sell signal for ISHARES RUSSELL MID-CAP GROW (IWP) stock?
The buy/sell signal for ISHARES RUSSELL MID-CAP GROW (IWP) is sell as both the short term and long term trends are negative.