ISHARES IV PLC - ISHARES INC (OPEN.AS) Stock Technical Analysis
AMS:OPEN - Euronext Amsterdam - IE00BD0B9B76 - ETF - Currency: EUR
We assign a technical rating of 7 out of 10 to OPEN. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, OPEN is showing a nice and steady performance.
Warning: OPEN has an average volume of 1711 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
Both the short term and long term trends are positive. This is a very positive sign.
Looking at the yearly performance, OPEN did better than 72% of all other stocks.
OPEN is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.
Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
OPEN is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so OPEN is lagging the market slightly.
In the last month OPEN has a been trading in a tight range between 7.67 and 8.08.
Besides having an excellent technical rating, OPEN also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period.
More info and screens
6.86
8.47
When analyzing the support we can see 2 important areas.
- A support zone ranging from 7.06 to 7.11. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 6.93 to 6.93. This zone is formed by a combination of multiple trend lines in multiple time frames.
2 important resistance areas can be observed.
- A resistance zone ranging from 7.97 to 7.99. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 8.36 to 8.39. 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 OPEN.AS is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for OPEN.AS is up. |
| ChartMill Relative Strength | 72.46 | POSITIVE | OPEN.AS has a high relative strength, it outperformed 72.46% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of OPEN.AS is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of OPEN.AS is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of OPEN.AS is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 55.6 | NEUTRAL | The RSI value for OPEN.AS is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests OPEN.AS has a negative trend. |
| Stochastics (14,3) | 14.81 | OVERSOLD | The low Stochastics value suggests OPEN.AS may be oversold. |
| Average True Range in percent/ATR (20) | 0.66 | LOW VOLATILITY | The low ATR as a percentage value for OPEN.AS suggests low volalility. |
| Average Directional Index/ADX (14) | 20.03 | NEUTRAL | The ADX value for OPEN.AS 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)
AMS:OPEN (6/3/2025, 7:00:00 PM)
7.9626
+0.04 (+0.57%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg0.57%
1 Week0.01%
2 Weeks-1.3%
1 Month2.34%
3 Month-0.21%
6 Month1.05%
12 Month12.45%
2 Year23.42%
3 Year36.58%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.04
ATR(20)%0.66%
ATR Inc-37.95%
Range Today0.01
ADR(20)0.03
ADR(20)%0.32%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS72.46
Mansfield-0.12
10 Day High8.08
10 Day Low7.9
20 Day High8.08
20 Day Low7.67
52 Week High8.41
52 Week Low6.93
CS1 End7.11
CR1 Start7.97
Volume & EV
DER(3)0%
DER(5)0%
Volume404
Volume Incr283.53%
Vol(5)5.41K
Vol(50)1.71K