ISHARES RUSSELL 3000 ETF (IWV) Stock Technical Analysis
USA - NYSEARCA:IWV - US4642876894 - ETF
371.33 USD
-10.22 (-2.68%)
371.33 USD
0 (0%)
We assign a technical rating of 6 out of 10 to IWV. In the last year, IWV was a medium performer in the overall market. The medium term is still looking fine, but we see some doubts in the very recent evolution.
The long term trend is positive and the short term trend is neutral. The long term trend may just continue or reversal may be around the corner!
IWV 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.
Looking at the yearly performance, IWV did better than 70% of all other stocks. However, this overall performance is mostly based on the strong move around 4 months ago.
In the last month IWV has a been trading in a tight range between 371.18 and 383.30.
Volume is considerably higher in the last couple of days.
IWV has an average technical rating and it also 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
280.33
386.78
When analyzing the support we can see 3 important areas.
- A support zone ranging from 367.21 to 371.32. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @339.93 from a horizontal line in the daily time frame.
- Support @283.16 from a horizontal line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 378.07 to 382.95. This zone is formed by a combination of multiple trend lines and important moving averages 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 IWV is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for IWV is neutral. |
| ChartMill Relative Strength | 70.43 | POSITIVE | IWV has a high relative strength, it outperformed 70.43% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of IWV is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of IWV is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of IWV is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 41.89 | NEUTRAL | The RSI value for IWV is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.78 | NEGATIVE | The MACD value suggests IWV has a negative trend. |
| Stochastics (14,3) | 61.57 | NEUTRAL | The Stochastics value for IWV is a neutral value. |
| Average True Range in percent/ATR (20) | 0.87 | LOW VOLATILITY | The low ATR as a percentage value for IWV suggests low volalility. |
| Average Directional Index/ADX (14) | 26.2 | POSITIVE | The high ADX value value for IWV 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)
371.33
-10.22 (-2.68%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-2.68%
1 Week-2.48%
2 Weeks-1.45%
1 Month-0.83%
3 Month4.72%
6 Month22.72%
12 Month12.46%
2 Year55.6%
3 Year65.84%
5 Year93.46%
10 Year201.94%
15 Year429.34%
Volatility
ATR(14)3.38
ATR(20)%0.87%
ATR Inc170.77%
Range Today11.94
ADR(20)3
ADR(20)%0.81%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS70.43
Mansfield-0.02
10 Day High383.3
10 Day Low371.18
20 Day High383.3
20 Day Low371.18
52 Week High383.3
52 Week Low273.6
CS1 End371.32
CR1 Start378.07
Volume & EV
DER(3)-1.9%
DER(5)-0.87%
Volume205.70K
Volume Incr102.35%
Vol(5)302.98K
Vol(50)144.64K