ISHARES MSCI USA MOMENTUM FA (MTUM) Stock Technical Analysis
NYSEARCA:MTUM - US46432F3964 - ETF
253.96 USD
-0.41 (-0.16%)
253.96 USD
0 (0%)
Taking everything into account, MTUM scores 10 out of 10 in our technical rating. Both in the recent history as in the last year, MTUM has proven to be a steady performer, scoring decent points in every aspect analyzed.
The long and short term trends are both positive. This is looking good!
When comparing the yearly performance of all stocks, we notice that MTUM is one of the better performing stocks in the market, outperforming 77% of all stocks. On top of that, MTUM also shows a nice and consistent pattern of rising prices.
MTUM 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.
In the last month MTUM has a been trading in the 239.49 - 255.39 range, which is quite wide. It is currently trading near the high of this range.
Although MTUM has an excellent technical rating, it 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
177.61
256.50
We found 6 important support areas.
- A support zone ranging from 240.79 to 246.81. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @236.25 from a horizontal line in the daily time frame.
- Support @229.95 from a horizontal line in the daily time frame.
- Support @195.20 from a trend line in the weekly time frame.
- Support @184.65 from a trend line in the weekly time frame.
- Support @179.40 from a horizontal line in the weekly time frame.
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 MTUM is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for MTUM is up. |
| ChartMill Relative Strength | 77.73 | POSITIVE | MTUM has a high relative strength, it outperformed 77.73% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of MTUM is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of MTUM is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of MTUM is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 70.39 | OVERBOUGHT | The high RSI value suggests MTUM may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.87 | POSITIVE | The MACD value suggests MTUM has a positive trend. |
| Stochastics (14,3) | 94.14 | OVERBOUGHT | The high Stochastics value suggests MTUM may be overbought. |
| Average True Range in percent/ATR (20) | 1.12 | LOW VOLATILITY | The low ATR as a percentage value for MTUM suggests low volalility. |
| Average Directional Index/ADX (14) | 22.4 | NEUTRAL | The ADX value for MTUM suggests a possible start of a new 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)
253.96
-0.41 (-0.16%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-0.16%
1 Week3.68%
2 Weeks3.75%
1 Month3.13%
3 Month10.29%
6 Month25.73%
12 Month29.07%
2 Year81.79%
3 Year93.6%
5 Year72.29%
10 Year272.32%
15 YearN/A
Volatility
ATR(14)3.09
ATR(20)%1.12%
ATR Inc46.33%
Range Today1.51
ADR(20)2.4
ADR(20)%0.95%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS77.73
Mansfield0.45
10 Day High255.39
10 Day Low239.49
20 Day High255.39
20 Day Low239.49
52 Week High255.39
52 Week Low171.52
CS1 End246.81
CR1 StartN/A
Volume & EV
DER(3)3.22%
DER(5)0.94%
Volume837.30K
Volume Incr12.71%
Vol(5)826.91K
Vol(50)834.18K