We assign a technical rating of 0 out of 10 to IYR. IYR's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
Although the technical rating is bad, IYR does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 93.40, a Stop Loss order could be placed below this zone.
More info and screens
87.71
We found 2 important support areas.
- A support zone ranging from 92.14 to 93.40. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @88.60 from a horizontal line in the weekly time frame.
We can see 3 important resistance areas.
- A resistance zone ranging from 94.06 to 96.50. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 98.41 to 98.46. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 103.14 to 103.61. 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 | DOWN | NEGATIVE | The long term trend for IYR is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for IYR is down. |
| ChartMill Relative Strength | 35.47 | NEUTRAL | IYR is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of IYR is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of IYR is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of IYR is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 42.44 | NEUTRAL | The RSI value for IYR is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.17 | NEGATIVE | The MACD value suggests IYR has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 9.99 | OVERSOLD | The low Stochastics value suggests IYR may be oversold. |
| Average True Range in percent/ATR (20) | 1.06 | LOW VOLATILITY | The low ATR as a percentage value for IYR suggests low volalility. |
| Average Directional Index/ADX (14) | 17.84 | NEGATIVE | The low ADX value for IYR suggests a weak or negative trend. |
93.61
+0.59 (+0.63%)
ISHARES US REAL ESTATE ETF / IYR FAQ
Can you provide the ChartMill technical rating for ISHARES US REAL ESTATE ETF?
ChartMill assigns a technical rating of 0 / 10 to IYR.
Can you provide the trend direction for ISHARES US REAL ESTATE ETF?
The current trend direction for ISHARES US REAL ESTATE ETF (IYR) is Bearish.
What is the RSI signal for ISHARES US REAL ESTATE ETF (IYR) stock?
ISHARES US REAL ESTATE ETF (IYR) has an RSI value of 42.4404. This indicates that the stock is currently neutral.
What is the short term momentum for ISHARES US REAL ESTATE ETF (IYR) stock?
The short term momentum for ISHARES US REAL ESTATE ETF (IYR) is negative.
What is the support and resistance level for IYR stock?
ISHARES US REAL ESTATE ETF (IYR) has a support level at 93.4 and a resistance level at 94.06. Check the full technical report for our detailed analysis of IYR support and resistance levels.