Ishares North American Tech Etf (IGM) Technical Analysis

$127.66▲2.01%

Insights

Tech Basket- iShares is currently not in a favorable trading position ( SELL ) according to technical analysis indicators.
Based on analysis of the Oscillators technical indicator, the current market trend for Tech Basket- iShares stock suggests that it is range bound and no decision can be made based on this information
Based on analysis of the Moving Averages technical indicator, Tech Basket- iShares stock is Range bound.
Based on analysis of the Pivot Points, the current market trend for Tech Basket- iShares stock suggests that it is a good time to sell or bad time to initiate a fresh position

Analysis Summary

Oscillators

Sell

Neutral

Buy

Moving Averages

Sell

Neutral

Buy

Pivots

Sell

Neutral

Buy

Oscillators

Name	Value	Action
Relative Strength Index	37.53	Neutral
Stochastic	0.0, 14.09	Neutral
Ultimate Oscillator	34.93	Neutral
Stochastic Relative Strength Index	1.0, 10.43	Neutral
Moving Average Convergence Divergence	-0.04, 0.55	Sell

Moving Averages

Simple Moving Average

Period (Days)	Value	Action
10	130.93	Buy
20	129.39	Sell
50	129.62	Buy

Exponential Moving Average

Period (Days)	Value	Action
10	129.44	Sell
20	129.72	Buy
50	128.64	Buy

Volume Weighted Moving Average

Period (Days)	Value	Action
10	131.23	Neutral
20	128.49	Neutral
50	128.91	Neutral

Double Exponential Moving Average

Period (Days)	Value	Action
10	128.5	Sell
20	129.83	Sell
50	131.32	Buy

Triple Exponential Moving Average

Period (Days)	Value	Action
10	127.15	Sell
20	129.26	Sell
50	130.62	Sell

Pivot

Pivot	Value
Resistance L3	130.16
Resistance L2	129.3
Resistance L1	128.67
Pivot Point	127.8
Support L1	127.17
Support L2	126.31
Support L3	125.68

*Disclaimer: The content present here is for informational purposes only, you should not construe any such information or other material as investment advisory.