Overall IYC gets a technical rating of 7 out of 10. Although IYC is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
Although IYC has an excellent technical rating, the quality of the presented setup is 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
84.38
When analyzing the support we can see 3 important areas.
- A support zone ranging from 97.04 to 104.04. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @95.28 from a horizontal line in the daily time frame.
- Support @85.23 from a trend line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 105.65 to 105.85. 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 IYC is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for IYC is up. |
| ChartMill Relative Strength | 50.96 | NEUTRAL | IYC is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of IYC is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of IYC is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of IYC is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 60.89 | NEUTRAL | The RSI value for IYC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.39 | POSITIVE | The MACD value suggests IYC has a positive trend. |
| Stochastics (14,3) | 93.4 | OVERBOUGHT | The high Stochastics value suggests IYC may be overbought. |
| Average True Range in percent/ATR (20) | 1.22 | LOW VOLATILITY | The low ATR as a percentage value for IYC suggests low volalility. |
| Average Directional Index/ADX (14) | 17.21 | NEGATIVE | The low ADX value for IYC suggests a weak or negative 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 |
|---|---|---|---|
| 105.86 | 101.99 | 3.87 (3.66%) | 25.00% |
| An entry @105.86. This is a Buy Stop order right above the resistance zone. | An exit @101.99. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 3.87 points, which is 3.66%. | For a 0.91% total portfolio risk, you can invest 25.00% of your capital in this trade. |
- 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.
104.45
+0.2 (+0.19%)
ISHARES US CONSUMER DISCRETI / IYC FAQ
What is the ChartMill technical rating of ISHARES US CONSUMER DISCRETI (IYC) stock?
ChartMill assigns a technical rating of 7 / 10 to IYC.
What is the trend direction for IYC stock?
The current trend direction for ISHARES US CONSUMER DISCRETI (IYC) is Bullish.
Can you provide the RSI signal for ISHARES US CONSUMER DISCRETI?
ISHARES US CONSUMER DISCRETI (IYC) has an RSI value of 60.8894. This indicates that the stock is currently neutral.
What is the short term momentum for IYC stock?
The short term momentum for ISHARES US CONSUMER DISCRETI (IYC) is positive.
What is the buy/sell signal for ISHARES US CONSUMER DISCRETI (IYC) stock?
The buy/sell signal for ISHARES US CONSUMER DISCRETI (IYC) is buy as both the short term and long term trends are positive.