ISHARES EXPANDED TECH-SOFTWA (IGV) Stock Technical Analysis
NYSEARCA:IGV - American Stock Exchange - US4642875151 - ETF - Currency: USD
We assign a technical rating of 8 out of 10 to IGV. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, IGV 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 IGV is one of the better performing stocks in the market, outperforming 77% of all stocks.
IGV 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 IGV is lagging the market slightly.
In the last month IGV has a been trading in the 95.48 - 105.57 range, which is quite wide. It is currently trading near the high of this range.
IGV has an average volume of 5548250 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.
IGV has an excellent technical rating and also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 101.09, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for IGV in the last couple of days, which is a good sign. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
76.54
111.15
3 important support areas can be observed.
- A support zone ranging from 96.36 to 101.09. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @88.61 from a trend line in the weekly time frame.
- Support @77.31 from a horizontal line in the weekly time frame.
We can see 2 important resistance areas.
- A resistance zone ranging from 103.08 to 104.53. 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 110.05 to 110.05. This zone is formed by a combination of multiple trend lines in multiple time frames.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS77.04
Mansfield0.53
10 Day High105.57
10 Day Low100.01
20 Day High105.57
20 Day Low95.48
52 Week High110.84
52 Week Low75.96
Performance
1 Week-0.92%
2 Weeks3.56%
1 Month2.77%
3 Month11.52%
6 Month28.28%
12 Month19.81%
2 Year82.45%
3 Year44.89%
5 Year106.88%
10 Year474.68%
15 Year1074.01%
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)
Technical Indicators
MACD(12,26,9)0.38
RSI(14)52.49
LBB96.45
UBB106.85
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 |
|---|---|---|---|
| 104.54 | 100.00 | 4.54 (4.34%) | 23.03% |
| An entry @104.54. This is a Buy Stop order right above the resistance zone. | An exit @100.00. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 4.54 points, which is 4.34%. | When investing 23.03% 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.
ISHARES EXPANDED TECH-SOFTWA
NYSEARCA:IGV (1/31/2025, 8:04:00 PM)
After market: 102.3 -0.59 (-0.57%)102.89
+0.13 (+0.13%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg0.13%
1 Week-0.92%
2 Weeks3.56%
1 Month2.77%
3 Month11.52%
6 Month28.28%
12 Month19.81%
2 Year82.45%
3 Year44.89%
5 Year106.88%
10 Year474.68%
15 Year1074.01%
Volatility
ATR(14)2.06
ATR(20)%2.04%
ATR Inc-21.21%
Range Today1.88
ADR(20)1.82
ADR(20)%1.77%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS77.04
Mansfield0.53
10 Day High105.57
10 Day Low100.01
20 Day High105.57
20 Day Low95.48
52 Week High110.84
52 Week Low75.96
CS1 End101.09
CR1 Start103.08
Volume & EV
DER(3)0.31%
DER(5)4.29%
Volume5.23M
Volume Incr84.42%
Vol(5)8.17M
Vol(50)5.55M