SPDR BLOOMBERG 1-3 MONTH T-B (BIL) Stock Technical Analysis
NYSEARCA:BIL - US78468R6633 - ETF
91.53 USD
+0.03 (+0.03%)
91.54 USD
+0.01 (+0.01%)
We assign a technical rating of 1 out of 10 to BIL. BIL's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
When comparing the yearly performance of all stocks, BIL is a bad performer in the overall market: 70% of all stocks are doing better.
BIL has an average volume of 8599690 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The long term trend is neutral, but the short term trend is negative. Better to stay away from this!
BIL is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so BIL is lagging the market.
In the last month BIL has a been trading in a tight range between 91.46 and 91.78.
The technical rating of BIL is bad and it also does not present a quality setup 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
90.38
92.74
When analyzing the support we notice one important area.
- A support zone ranging from 91.29 to 91.47. 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 91.60 to 91.82. This zone is formed by a combination of multiple trend lines and important moving averages 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 | NEUTRAL | NEUTRAL | The long term trend for BIL is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for BIL is down. |
| ChartMill Relative Strength | 30.18 | NEUTRAL | BIL is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of BIL is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of BIL is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of BIL is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 41.89 | NEUTRAL | The RSI value for BIL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.02 | NEGATIVE | The MACD value suggests BIL has a negative trend. |
| Stochastics (14,3) | 13.54 | OVERSOLD | The low Stochastics value suggests BIL may be oversold. |
| Average True Range in percent/ATR (20) | 0.04 | LOW VOLATILITY | The low ATR as a percentage value for BIL suggests low volalility. |
| Average Directional Index/ADX (14) | 23.87 | NEUTRAL | The ADX value for BIL suggests a possible start of a new trend. |
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)
91.53
+0.03 (+0.03%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg0.03%
1 Week-0.22%
2 Weeks-0.14%
1 Month0.02%
3 Month0.03%
6 Month0.02%
12 Month0%
2 Year-0.32%
3 Year-0.08%
5 Year0.01%
10 Year0.16%
15 Year-0.19%
Volatility
ATR(14)0.04
ATR(20)%0.04%
ATR Inc-42.62%
Range Today0.01
ADR(20)0.01
ADR(20)%0.01%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS30.18
Mansfield-0.89
10 Day High91.78
10 Day Low91.46
20 Day High91.78
20 Day Low91.46
52 Week High91.82
52 Week Low91.29
CS1 End91.47
CR1 Start91.6
Volume & EV
DER(3)-2.51%
DER(5)0.1%
Volume10.22M
Volume Incr16.82%
Vol(5)10.29M
Vol(50)8.60M