Ishares Edge MSCI Multifactor M (MATF) Stock Technical Analysis
USA - NYSEARCA:MATF -
31.95
-0.71 (-2.17%)
Overall MATF gets a technical rating of 1 out of 10. MATF has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
Warning: MATF has an average volume of 368 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
When comparing the performance of all stocks over the past year, MATF turns out to be only a medium performer in the overall market: it outperformed 50% of all stocks.
MATF is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so MATF is lagging the market.
In the last month MATF has a been trading in a tight range between 31.86 and 33.28.
Volume is considerably higher in the last couple of days.
The technical rating of MATF is bad and it also does not present a quality setup at the moment. Prices have been extended to the downside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
31.09
33.43
When analyzing the support we notice one important area.
- A support zone ranging from 31.40 to 31.76. This zone is formed by a combination of multiple trend lines in multiple time frames.
We found 1 important resistance area.
- A resistance zone ranging from 32.20 to 33.10. 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 | DOWN | NEGATIVE | The long term trend for MATF is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for MATF is down. |
| ChartMill Relative Strength | 50.27 | NEUTRAL | MATF is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of MATF is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of MATF is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of MATF is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 30.14 | NEUTRAL | The RSI value for MATF is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.06 | NEGATIVE | The MACD value suggests MATF has a negative trend. |
| Stochastics (14,3) | 17.23 | OVERSOLD | The low Stochastics value suggests MATF may be oversold. |
| Average True Range in percent/ATR (20) | 0.44 | LOW VOLATILITY | The low ATR as a percentage value for MATF suggests low volalility. |
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)
Ishares Edge MSCI Multifactor M
NYSEARCA:MATF (8/15/2018, 11:31:02 PM)
31.95
-0.71 (-2.17%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-2.17%
1 Week-1.9%
2 Weeks-4%
1 Month-2.49%
3 Month-5.6%
6 Month-7.04%
12 Month7.04%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.18
ATR(20)%0.44%
ATR Inc296.82%
Range Today0.36
ADR(20)N/A
ADR(20)%N/A
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS50.27
Mansfield-0.85
10 Day High33.28
10 Day Low31.86
20 Day High33.28
20 Day Low31.86
52 Week High36.19
52 Week Low30.14
CS1 End31.76
CR1 Start32.2
Volume & EV
DER(3)-5.56%
DER(5)-3.33%
Volume600
Volume Incr42.86%
Vol(5)500
Vol(50)368