Overall BIL gets a technical rating of 6 out of 10. Although BIL is a bad performer in the overall market, the technical picture looks good in both the medium and short term time frames.
BIL has an average technical rating and it also does not offer a high 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.
90.36
We found 1 important support area.
When analyzing the resistance we notice one important area.
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 BIL is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for BIL is up. |
| ChartMill Relative Strength | 35.19 | NEUTRAL | BIL is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of BIL is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of BIL is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of BIL is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 69.67 | NEUTRAL | The RSI value for BIL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.02 | POSITIVE | The MACD value suggests BIL has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 93.33 | OVERBOUGHT | The high Stochastics value suggests BIL may be overbought. |
| Average True Range in percent/ATR (20) | 0.02 | LOW VOLATILITY | The low ATR as a percentage value for BIL suggests low volalility. |
| Average Directional Index/ADX (14) | 21.96 | NEUTRAL | The ADX value for BIL suggests a possible start of a new trend. |
91.6
+0.01 (+0.01%)
ChartMill assigns a technical rating of 6 / 10 to BIL.
The current trend direction for SS SPDR BB 1-3M T-BILL ETF (BIL) is Bullish.
SS SPDR BB 1-3M T-BILL ETF (BIL) has an RSI value of 69.6703. This indicates that the stock is currently neutral.
The short term momentum for SS SPDR BB 1-3M T-BILL ETF (BIL) is positive.
The buy/sell signal for SS SPDR BB 1-3M T-BILL ETF (BIL) is buy as both the short term and long term trends are positive.