We assign a technical rating of 10 out of 10 to IAU. Both in the recent history as in the last year, IAU has proven to be a steady performer, scoring decent points in every aspect analyzed.
IAU has an excellent technical rating, but the quality of the setup is only medium 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.
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59.55
5 important support areas can be observed.
- A support zone ranging from 79.68 to 81.16. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 74.21 to 75.39. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @68.70 from a trend line in the daily time frame.
- Support @62.18 from a trend line in the weekly time frame.
- A support zone ranging from 60.15 to 60.86. This zone is formed by a combination of multiple trend lines in multiple time frames.
We found 1 important resistance area.
- A resistance zone ranging from 81.72 to 82.50. 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 IAU is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for IAU is up. |
| ChartMill Relative Strength | 91.59 | POSITIVE | IAU has a high relative strength, it outperformed 91.59% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of IAU is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of IAU is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of IAU is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 71.27 | OVERBOUGHT | The high RSI value suggests IAU may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.13 | POSITIVE | The MACD value suggests IAU has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 86.04 | OVERBOUGHT | The high Stochastics value suggests IAU may be overbought. |
| Average True Range in percent/ATR (20) | 1.17 | LOW VOLATILITY | The low ATR as a percentage value for IAU suggests low volalility. |
| Average Directional Index/ADX (14) | 27.01 | POSITIVE | The high ADX value value for IAU suggests a strong trend. |
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 82.51 | 78.63 | 3.88 (4.70%) | 21.27% |
| An entry @82.51. This is a Buy Stop order right above the resistance zone. | An exit @78.63. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 3.88 points, which is 4.70%. | When investing 21.27% of your capital in this trade, your total portfolio risk will be 1.00%. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
81.71
+0.08 (+0.1%)
ISHARES GOLD TRUST / IAU FAQ
What is the technical rating for IAU stock?
ChartMill assigns a technical rating of 10 / 10 to IAU.
Can you provide the trend direction for ISHARES GOLD TRUST?
The current trend direction for ISHARES GOLD TRUST (IAU) is Bullish.
Can you provide the RSI signal for ISHARES GOLD TRUST?
ISHARES GOLD TRUST (IAU) has an RSI value of 71.2674. This indicates that the stock is currently overbought.
Can you provide the MACD signal for ISHARES GOLD TRUST?
The MACD indicator for ISHARES GOLD TRUST (IAU) has a value of 0.131425, indicating a bearish trend.
Can you provide the buy/sell signal for ISHARES GOLD TRUST?
The buy/sell signal for ISHARES GOLD TRUST (IAU) is buy as both the short term and long term trends are positive.