ISHARES RUSSELL MID-CAP ETF (IWR) Stock Technical Analysis
NYSEARCA:IWR - NYSE Arca - US4642874998 - ETF - Currency: USD
We assign a technical rating of 7 out of 10 to IWR. In the last year, IWR was an average performer in the market. There are positive signs in the very recent evolution, but the medium term picture is still mixed.
The long and short term trends are both positive. This is looking good!
IWR is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.
IWR has an average volume of 2407970 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
When compared to the yearly performance of all other stocks, IWR outperforms 63% of them, which is more or less in line with the market.
IWR 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 IWR is lagging the market slightly.
Although IWR 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
76.17
96.48
We found 1 important support area.
- A support zone ranging from 76.94 to 78.66. This zone is formed by a combination of multiple trend lines in the weekly time frame.
3 important resistance areas can be observed.
- A resistance zone ranging from 88.18 to 89.77. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @93.53 from a horizontal line in the daily time frame.
- A resistance zone ranging from 95.47 to 95.52. 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 IWR is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for IWR is up. |
| ChartMill Relative Strength | 63.54 | NEUTRAL | IWR is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of IWR is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of IWR is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of IWR is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 54.63 | NEUTRAL | The RSI value for IWR is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.06 | NEGATIVE | The MACD value suggests IWR has a negative trend. |
| Stochastics (14,3) | 54.74 | NEUTRAL | The Stochastics value for IWR is a neutral value. |
| Average True Range in percent/ATR (20) | 1.49 | LOW VOLATILITY | The low ATR as a percentage value for IWR suggests low volalility. |
| Average Directional Index/ADX (14) | 19.28 | NEGATIVE | The low ADX value for IWR suggests a weak or negative 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)
87.7
-0.34 (-0.39%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-0.39%
1 Week-3.35%
2 Weeks1.19%
1 Month5.19%
3 Month-2.43%
6 Month-7.23%
12 Month6.37%
2 Year29.73%
3 Year21.74%
5 Year65.78%
10 Year101.75%
15 Year308.53%
Volatility
ATR(14)1.25
ATR(20)%1.49%
ATR Inc-17.73%
Range Today1.09
ADR(20)1.09
ADR(20)%1.25%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS63.54
Mansfield-0.07
10 Day High90.74
10 Day Low86.89
20 Day High90.74
20 Day Low82.16
52 Week High96.01
52 Week Low73.17
CS1 End78.66
CR1 Start88.18
Volume & EV
DER(3)-3.61%
DER(5)-2.79%
Volume1.71M
Volume Incr-21.26%
Vol(5)1.59M
Vol(50)2.41M