ISHARES GLOBAL TECH ETF (IXN) Stock Technical Analysis
NYSEARCA:IXN - NYSE Arca - US4642872919 - ETF - Currency: USD
We assign a technical rating of 9 out of 10 to IXN. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, IXN is showing a nice and steady performance.
Both the short term and long term trends are positive. This is a very positive sign.
IXN 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.
IXN 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.
When comparing the yearly performance of all stocks, we notice that IXN is one of the better performing stocks in the market, outperforming 80% of all stocks. However, this overall good ranking is mostly due to the recent strong move.
In the last month IXN has a been trading in a tight range between 90.76 and 95.92.
Besides having an excellent technical rating, IXN also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. A pullback is taking place, which may present a nice opportunity for an entry. There is a resistance zone just above the current price starting at 95.36. Right above this resistance zone may be a good entry point.
More info and screens
68.03
96.47
5 important support areas can be observed.
- A support zone ranging from 93.24 to 94.55. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 87.57 to 89.07. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @84.51 from a horizontal line in the daily time frame.
- Support @82.73 from a horizontal line in the daily time frame.
- A support zone ranging from 68.72 to 69.47. This zone is formed by a combination of multiple trend lines in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 95.36 to 95.51. 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 IXN is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for IXN is up. |
| ChartMill Relative Strength | 80.85 | POSITIVE | IXN has a high relative strength, it outperformed 80.85% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of IXN is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of IXN is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of IXN is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 68.98 | NEUTRAL | The RSI value for IXN is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.15 | NEGATIVE | The MACD value suggests IXN has a negative trend. |
| Stochastics (14,3) | 74.6 | NEUTRAL | The Stochastics value for IXN is a neutral value. |
| Average True Range in percent/ATR (20) | 1.13 | LOW VOLATILITY | The low ATR as a percentage value for IXN suggests low volalility. |
| Average Directional Index/ADX (14) | 31.94 | POSITIVE | The high ADX value value for IXN 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)
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 |
|---|---|---|---|
| 95.52 | 92.37 | 3.15 (3.30%) | 25.00% |
| An entry @95.52. This is a Buy Stop order right above the resistance zone. | An exit @92.37. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 3.15 points, which is 3.30%. | For a 0.82% total portfolio risk, you can invest 25.00% of your capital in this trade. |
- 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.
NYSEARCA:IXN (7/24/2025, 6:40:00 PM)
95.35
+0.47 (+0.5%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg0.5%
1 Week-0.17%
2 Weeks1.86%
1 Month5.05%
3 Month24.9%
6 Month9.6%
12 Month20.29%
2 Year50.58%
3 Year85.18%
5 Year128.37%
10 Year488.88%
15 Year962.79%
Volatility
ATR(14)1.02
ATR(20)%1.13%
ATR Inc-21.97%
Range Today0.76
ADR(20)0.95
ADR(20)%1%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS80.85
Mansfield0.53
10 Day High95.92
10 Day Low92.38
20 Day High95.92
20 Day Low90.76
52 Week High95.92
52 Week Low63.58
CS1 End94.55
CR1 Start95.36
Volume & EV
DER(3)-1.33%
DER(5)-2.37%
Volume119.04K
Volume Incr-2.91%
Vol(5)136.30K
Vol(50)158.15K