ISHARES S&P 100 ETF (OEF) Technical Analysis
NYSEARCA:OEF • US4642871010
Current stock price
OEF Technical Rating and Analysis
Taking everything into account, OEF scores 4 out of 10 in our technical rating. In the past year, OEF was only an average performing stock in the market. The medium term picture is unclear, although we see some positive events in recent action.
- The short term trend is positive, while the long term trend is neutral. So this is evolving in the right direction.
- OEF is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so OEF is lagging the market slightly.
- In the last month OEF has a been trading in the 306.84 - 334.56 range, which is quite wide. It is currently trading near the high of this range.
- OEF has an average volume of 1794800 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- When compared to the yearly performance of all other stocks, OEF outperforms 61% of them, which is more or less in line with the market.
- Considerably lower volume is observed in the last couple of days.
OEF Weekly and Daily overview Charts
OEF Setup Rating and Analysis
OEF has an average technical rating and it also 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
OEF Support and Resistance Analysis
304.11
We found 2 important support areas.
- Support @314.77 from a horizontal line in the daily time frame.
- A support zone ranging from 307.18 to 309.13. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 2 important resistance areas.
- Resistance @336.63 from a horizontal line in the daily time frame.
- A resistance zone ranging from 344.92 to 348.37. This zone is formed by a combination of multiple trend lines in multiple time frames.
OEF Technical Indicator Signal Analysis
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 | NEUTRAL | NEUTRAL | The long term trend for OEF is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for OEF is up. |
| ChartMill Relative Strength | 61.77 | NEUTRAL | OEF is not amongst the best or worst performers 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) | DOWN | MIXED | The current price of OEF is above a declining 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) | 60.06 | NEUTRAL | The RSI value for OEF is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 2.44 | POSITIVE | The MACD value suggests OEF has a positive trend. |
| Stochastics (14,3) | 95.94 | OVERBOUGHT | The high Stochastics value suggests OEF may be overbought. |
| Average True Range in percent/ATR (20) | 1.53 | LOW VOLATILITY | The low ATR as a percentage value for OEF suggests low volalility. |
| Average Directional Index/ADX (14) | 32.8 | POSITIVE | The high ADX value value for OEF suggests a strong trend. |
OEF Chart- and CandleStick Pattern Analysis
OEF Technicals: Chart, Performance Metrics, Trend & Indicators
333.22
+0.4 (+0.12%)
ISHARES S&P 100 ETF / OEF TA FAQ
What is the ChartMill technical rating of ISHARES S&P 100 ETF (OEF) stock?
ChartMill assigns a technical rating of 4 / 10 to OEF.
What is the trend direction for OEF stock?
The current trend direction for ISHARES S&P 100 ETF (OEF) is Bearish.
Can you provide the RSI signal for ISHARES S&P 100 ETF?
ISHARES S&P 100 ETF (OEF) has an RSI value of 60.0573. This indicates that the stock is currently neutral.
Can you provide the MACD signal for ISHARES S&P 100 ETF?
The MACD indicator for ISHARES S&P 100 ETF (OEF) has a value of 2.43867, indicating a bullish trend.
Can you provide the support and resistance levels for ISHARES S&P 100 ETF?
ISHARES S&P 100 ETF (OEF) has a support level at 314.77 and a resistance level at 336.63. Check the full technical report for our detailed analysis of OEF support and resistance levels.