ISHARES S&P 100 ETF (OEF) Stock Technical Analysis
USA - NYSEARCA:OEF - US4642871010 - ETF
330.97 USD
+1.44 (+0.44%)
328.782 USD
-2.19 (-0.66%)
We assign a technical rating of 9 out of 10 to OEF. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, OEF is showing a nice and steady performance.
Both the short term and long term trends are positive. This is a very positive sign.
When comparing the yearly performance of all stocks, we notice that OEF is one of the better performing stocks in the market, outperforming 75% of all stocks.
OEF 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 OEF has a been trading in the 314.59 - 334.44 range, which is quite wide. It is currently trading near the high of this range.
Although OEF has an excellent technical rating, it does not present a decent entry opportunity 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
246.44
337.53
3 important support areas can be observed.
- A support zone ranging from 307.17 to 307.18. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @298.10 from a horizontal line in the daily time frame.
- Support @248.93 from a trend line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 331.71 to 334.19. 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 OEF is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for OEF is up. |
| ChartMill Relative Strength | 75.39 | POSITIVE | OEF has a high relative strength, it outperformed 75.39% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of OEF is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of OEF is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of OEF is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 63.19 | NEUTRAL | The RSI value for OEF is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.14 | NEGATIVE | The MACD value suggests OEF has a negative trend. |
| Stochastics (14,3) | 68.93 | NEUTRAL | The Stochastics value for OEF is a neutral value. |
| Average True Range in percent/ATR (20) | 0.84 | LOW VOLATILITY | The low ATR as a percentage value for OEF suggests low volalility. |
| Average Directional Index/ADX (14) | 27.64 | POSITIVE | The high ADX value value for OEF 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)
330.97
+1.44 (+0.44%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg0.44%
1 Week-0.39%
2 Weeks0.93%
1 Month2.65%
3 Month9.19%
6 Month22.93%
12 Month20.19%
2 Year64.96%
3 Year103.67%
5 Year112.53%
10 Year290.39%
15 Year542.66%
Volatility
ATR(14)2.5
ATR(20)%0.84%
ATR Inc10.91%
Range Today2.57
ADR(20)2.39
ADR(20)%0.72%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS75.39
Mansfield0.22
10 Day High334.44
10 Day Low326.31
20 Day High334.44
20 Day Low314.59
52 Week High334.44
52 Week Low232.57
CS1 End307.18
CR1 Start331.71
Volume & EV
DER(3)1.02%
DER(5)-1.21%
Volume393.00K
Volume Incr-48.26%
Vol(5)457.40K
Vol(50)510.60K