SPDR Barclays Cap Issuer Scd Corp Bond (CBND) Stock Technical Analysis
USA - NYSEARCA:CBND -
33.685
+0.18 (+0.52%)
Taking everything into account, CBND scores 7 out of 10 in our technical rating. In the last year, CBND was one of the better performers, but we do observe some doubts in the very recent evolution.
Warning: CBND has an average volume of 15988 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
The long term trend is positive and the short term trend is neutral. The long term trend gets the benefit of the doubt for now.
When comparing the yearly performance of all stocks, we notice that CBND is one of the better performing stocks in the market, outperforming 78% of all stocks. We also observe that the gains produced by CBND over the past year are nicely spread over this period.
CBND is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so CBND is lagging the market slightly.
In the last month CBND has a been trading in a tight range between 33.22 and 34.33.
Although CBND has an excellent technical rating, the quality of the presented setup is not ideal 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
29.81
34.56
3 important support areas can be observed.
- A support zone ranging from 33.34 to 33.65. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 31.95 to 32.04. This zone is formed by a combination of multiple trend lines in the daily time frame.
- A support zone ranging from 30.11 to 30.14. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 33.79 to 34.22. 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 | UP | POSITIVE | The long term trend for CBND is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for CBND is neutral. |
| ChartMill Relative Strength | 78.57 | POSITIVE | CBND has a high relative strength, it outperformed 78.57% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of CBND is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of CBND is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of CBND is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 51.68 | NEUTRAL | The RSI value for CBND is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.05 | NEGATIVE | The MACD value suggests CBND has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 34.75 | NEUTRAL | The Stochastics value for CBND is a neutral value. |
| Average True Range in percent/ATR (20) | 0.52 | LOW VOLATILITY | The low ATR as a percentage value for CBND suggests low volalility. |
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)
SPDR Barclays Cap Issuer Scd Corp Bond
NYSEARCA:CBND (9/20/2019, 8:20:55 PM)
33.685
+0.18 (+0.52%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg0.52%
1 Week1.28%
2 Weeks-0.93%
1 Month-0.81%
3 Month2.2%
6 Month6.14%
12 Month9.26%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.17
ATR(20)%0.52%
ATR Inc3.63%
Range Today0.16
ADR(20)N/A
ADR(20)%N/A
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS78.57
Mansfield-0.03
10 Day High33.9
10 Day Low33.22
20 Day High34.33
20 Day Low33.22
52 Week High34.33
52 Week Low29.74
CS1 End33.65
CR1 Start33.79
Volume & EV
DER(3)-3.69%
DER(5)-2.9%
Volume35.60K
Volume Incr-8.53%
Vol(5)20.86K
Vol(50)15.99K