iShares 1-3 Year Credit Bond (CSJ) Stock Technical Analysis
USA - NYSEARCA:CSJ -
We assign a technical rating of 4 out of 10 to CSJ. In the past year, CSJ was only an average performing stock in the market. The medium term picture is unclear, although we see some positive events in recent action.
Although the technical rating is only medium, CSJ does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 103.70, a Stop Loss order could be placed below this zone.
More info and screens
102.47
We found 1 important support area.
- A support zone ranging from 103.50 to 103.70. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 104.61 to 105.57. This zone is formed by a combination of multiple trend lines 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 | DOWN | NEGATIVE | The long term trend for CSJ is down. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for CSJ is up. |
| ChartMill Relative Strength | 43.87 | NEUTRAL | CSJ is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of CSJ is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of CSJ is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of CSJ is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 57.37 | NEUTRAL | The RSI value for CSJ is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests CSJ has a positive trend. |
| Stochastics (14,3) | 97.09 | OVERBOUGHT | The high Stochastics value suggests CSJ may be overbought. |
| Average True Range in percent/ATR (20) | 0.18 | LOW VOLATILITY | The low ATR as a percentage value for CSJ suggests low volalility. |
NYSEARCA:CSJ (7/31/2018, 8:00:00 PM)
103.71
+0.03 (+0.03%)
iShares 1-3 Year Credit Bond / CSJ FAQ
What is the ChartMill technical rating of iShares 1-3 Year Credit Bond (CSJ) stock?
ChartMill assigns a technical rating of 4 / 10 to CSJ.
What is the trend direction for CSJ stock?
The current trend direction for iShares 1-3 Year Credit Bond (CSJ) is Bearish.
What is the RSI signal for iShares 1-3 Year Credit Bond (CSJ) stock?
iShares 1-3 Year Credit Bond (CSJ) has an RSI value of 57.3698. This indicates that the stock is currently neutral.
Can you provide the MACD signal for iShares 1-3 Year Credit Bond?
The MACD indicator for iShares 1-3 Year Credit Bond (CSJ) has a value of 0.0071099, indicating a bearish trend.
What is the short term momentum for CSJ stock?
The short term momentum for iShares 1-3 Year Credit Bond (CSJ) is positive.