Overall BIL gets a technical rating of 0 out of 10. 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.
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.
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 | 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 | 38.35 | NEUTRAL | BIL is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of BIL is below a declining 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) | 29.81 | OVERSOLD | The low RSI value suggests BIL may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.03 | NEGATIVE | The MACD value suggests BIL has a negative trend. |
| Stochastics (14,3) | 10.96 | OVERSOLD | The low Stochastics value suggests BIL may be oversold. |
| Average True Range in percent/ATR (20) | 0.06 | LOW VOLATILITY | The low ATR as a percentage value for BIL suggests low volalility. |
| Average Directional Index/ADX (14) | 21.68 | NEUTRAL | The ADX value for BIL suggests a possible start of a new trend. |
91.3
0 (0%)
ChartMill assigns a technical rating of 0 / 10 to BIL.
The current trend direction for SS SPDR BB 1-3M T-BILL ETF (BIL) is Bearish.
SS SPDR BB 1-3M T-BILL ETF (BIL) has an RSI value of 29.8064. This indicates that the stock is currently oversold.
The short term momentum for SS SPDR BB 1-3M T-BILL ETF (BIL) is negative.
SS SPDR BB 1-3M T-BILL ETF (BIL) has a support level at 91.29 and a resistance level at 91.43. Check the full technical report for our detailed analysis of BIL support and resistance levels.