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ETFs Technical Analysis - ICFArchive - 11/8/2024 - Sign In to see current Signals. |
iShares Cohen & Steers Realty Majors (ICF) Technical Analysis
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| Summary:
| | Weekly : | | Daily : Move cursor over the icon to see details.
| | It was a first positive week for the iShares Cohen & Steers Realty Majors (ICF). During the week, the ICF gained 1.61 points, or 2.56%, and closed at 64.52 on Friday, November 8, 2024. Weekly volume was 179% above average. Long-term trend: [See ICF long-term trend chart] A long-term uptrend had started on October 30, 2023 at 47.23 and reached 67.57 on September 16, 2024. ICF gained -20.34 points, or -43.07%, in 46 weeks. The price is now at the 15.00% retracement level. Medium-term trend: [See ICF medium-term trend chart] A medium-term downtrend had started on September 16, 2024 at 67.57 and reached 62.22 on November 6, 2024. ICF lost 5.35 points, or 7.92%, in 7 weeks. The price is now at the 42.99% retracement level. Weekly Technical Indicators: [See ICF weekly technical indicators chart] Weekly technical indicators are neutral. The weekly MACD line is below its signal line since October 25, 2024. This is an indication that the medium-term trend is down. The distance between MACD and the signal line is low, but getting bigger. It indicates that the current medium-term downtrend is getting stronger. Use the following link to access a MACD help. Short-term trend: [See ICF short-term trend chart] A short-term downtrend had started on October 25, 2024 at 66.35 and reached 62.22 on November 6, 2024. ICF lost 4.13 points, or 6.22%, in 12 days. The chart has formed a Falling Channel chart pattern. Daily Technical Indicators: [See ICF daily technical indicators chart] Daily technical indicators are neutral. During the last week, daily Lane's Stochastic main line (%K) has rallied above the oversold signal line (%D). Such crossover is considered a bullish signal. Oscillators are designed to signal a possible trend reversal. They can act as alerts and should be taken in conjunction with other technical analysis tools. Oscillators can be used to confirm other technical signals. Use the following link to access Lane's Stochastic help. The daily MACD line is below its signal line since October 28, 2024. This is an indication that the short-term trend is down. The distance between MACD and the signal line is low and getting smaller. It indicates that the current short-term downtrend is getting weak. During the last week, the price has risen above the Parabolic SAR (stop and reversal). A Parabolic SAR below the price is a bullish signal, and it indicates that momentum is likely to remain in the upward direction. A Parabolic SAR is used as a trailing stop loss for long or short positions. It works best during strong trending periods. Use the following links to access Parabolic SAR Help, or use the Technical Stock Screener to see the list of stocks with the Parabolic SAR close to the price level. During the last week, the price has moved above the moving average in the center of the Bollinger Bands. The Bollinger Bands are often used with a non-oscillator indicator like chart patterns or a trendline. The signals are considered more reliable if these indicators confirm the recommendation of the Bollinger Bands. Use the following links to access the Bollinger Bands Help, or use the Technical Stock Screener to see the list of stocks with the price above the Upper Bollinger Band or below the Lower Bollinger Band. Price is close to the 50 Day Moving Average. The moving average crossover signals work better when the stock develops a strong trend, but they are ineffective when the stock is in a trading range. Moving average crossover systems can be effective, but should be used in conjunction with trend patterns, momentum indicators, candlesticks and other aspects of technical analysis. Use the following links to access Moving Average Crossover trading technique, or use the Technical Stock Screener to see the list of stocks with the Moving Average close to the price level.
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