ISHARES U.S. THEMATIC ROTATI (THRO) Stock Technical Analysis
NYSEARCA:THRO - NYSE Arca - US09290C8064 - ETF - Currency: USD
We assign a technical rating of 6 out of 10 to THRO. In the last year, THRO was a below average performer in the market. There are positive signs in the very recent evolution, but the medium term picture is still mixed.
When comparing the yearly performance of all stocks, THRO is a bad performer in the overall market: 100% of all stocks are doing better.
The long and short term trends are both positive. This is looking good!
In the last month THRO has a been trading in the 31.31 - 34.39 range, which is quite wide. It is currently trading near the high of this range.
THRO has an average volume of 2285450 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Volume is considerably higher in the last couple of days.
THRO has an average technical rating and the quality of the presented setup is also not ideal 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
33.38
35.78
We found 1 important support area.
- Support @33.72 from a horizontal line in the daily time frame.
We can see 2 important resistance areas.
- A resistance zone ranging from 33.81 to 34.56. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 35.39 to 35.43. This zone is formed by a combination of multiple trend lines in the daily 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 THRO is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for THRO is up. |
| ChartMill Relative Strength | 0 | NEGATIVE | THRO has a low relative strength, it was outperformed by 100% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of THRO is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of THRO is above the rising SMA(50). |
| Relative Strength Index/RSI (14) | 61.82 | NEUTRAL | The RSI value for THRO is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.07 | POSITIVE | The MACD value suggests THRO has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 78.11 | NEUTRAL | The Stochastics value for THRO is a neutral value. |
| Average True Range in percent/ATR (20) | 1.3 | LOW VOLATILITY | The low ATR as a percentage value for THRO suggests low volalility. |
| Average Directional Index/ADX (14) | 19.72 | NEGATIVE | The low ADX value for THRO suggests a weak or negative 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)
33.73
-0.02 (-0.06%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-0.06%
1 Week-0.88%
2 Weeks3.53%
1 Month7.08%
3 Month-1.17%
6 Month-2.27%
12 MonthN/A
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.41
ATR(20)%1.3%
ATR Inc3.41%
Range Today0.27
ADR(20)0.37
ADR(20)%1.11%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS0
Mansfield-30
10 Day High34.39
10 Day Low32.38
20 Day High34.39
20 Day Low31.31
52 Week HighN/A
52 Week LowN/A
CS1 End33.72
CR1 Start33.81
Volume & EV
DER(3)-4.42%
DER(5)1.68%
Volume2.79M
Volume Incr16806.05%
Vol(5)21.42M
Vol(50)2.29M