ISHARES RUSSELL MID-CAP ETF (IWR) Stock Technical Analysis
NYSEARCA:IWR • US4642874998
Taking everything into account, IWR scores 8 out of 10 in our technical rating. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, IWR is only an average performer.
- The long and short term trends are both positive. This is looking good!
- IWR is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
- IWR has an average volume of 2288590 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- When comparing the performance of all stocks over the past year, IWR turns out to be only a medium performer in the overall market: it outperformed 64% of all stocks.
- In the last month IWR has a been trading in a tight range between 98.44 and 103.29.
IWR has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 101.78. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 101.14, a Stop Loss order could be placed below this zone.
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77.87
3 important support areas can be observed.
- A support zone ranging from 99.16 to 101.14. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 93.47 to 95.23. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @78.66 from a horizontal line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 101.78 to 102.23. 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 | 64.86 | 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 | POSITIVE | The current price of IWR is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 57.54 | NEUTRAL | The RSI value for IWR is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.03 | POSITIVE | The MACD value suggests IWR has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 59.24 | NEUTRAL | The Stochastics value for IWR is a neutral value. |
| Average True Range in percent/ATR (20) | 1.42 | LOW VOLATILITY | The low ATR as a percentage value for IWR suggests low volalility. |
| Average Directional Index/ADX (14) | 14.21 | NEGATIVE | The low ADX value for IWR suggests a weak or negative trend. |
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 102.24 | 99.15 | 3.09 (3.02%) | 25.00% |
| An entry @102.24. This is a Buy Stop order right above the resistance zone. | An exit @99.15. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 3.09 points, which is 3.02%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.76%. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
101.66
-0.06 (-0.06%)
ISHARES RUSSELL MID-CAP ETF / IWR FAQ
What is the technical rating for IWR stock?
ChartMill assigns a technical rating of 8 / 10 to IWR.
Can you provide the trend direction for ISHARES RUSSELL MID-CAP ETF?
The current trend direction for ISHARES RUSSELL MID-CAP ETF (IWR) is Bullish.
Can you provide the RSI signal for ISHARES RUSSELL MID-CAP ETF?
ISHARES RUSSELL MID-CAP ETF (IWR) has an RSI value of 57.5404. This indicates that the stock is currently neutral.
What is the MACD signal for IWR stock?
The MACD indicator for ISHARES RUSSELL MID-CAP ETF (IWR) has a value of 0.0273028, indicating a bearish trend.
What is the buy/sell signal for IWR stock?
The buy/sell signal for ISHARES RUSSELL MID-CAP ETF (IWR) is buy as both the short term and long term trends are positive.