ISHARES FLOATING RATE BOND E (FLOT) Stock Technical Analysis
NYSEARCA:FLOT - US46429B6552 - ETF
51.03 USD
-0.04 (-0.08%)
51.03 USD
0 (0%)
Taking everything into account, FLOT scores 5 out of 10 in our technical rating. Although FLOT is a bad performer in the overall market, the technical picture looks good in both the medium and short term time frames.
When comparing the yearly performance of all stocks, FLOT is a bad performer in the overall market: 67% of all stocks are doing better.
The long and short term trends are both positive. This is looking good!
FLOT 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 FLOT is lagging the market slightly.
FLOT has an average volume of 1244600 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
In the last month FLOT has a been trading in a tight range between 50.85 and 51.09.
FLOT has an average technical rating and also the quality of the setup is only medium 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
49.59
51.67
When analyzing the support we notice one important area.
- A support zone ranging from 50.09 to 51.02. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
We found 1 important resistance area.
- A resistance zone ranging from 51.06 to 51.16. 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 | UP | POSITIVE | The long term trend for FLOT is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for FLOT is up. |
| ChartMill Relative Strength | 33.05 | NEUTRAL | FLOT is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of FLOT is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of FLOT is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of FLOT is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 56.74 | NEUTRAL | The RSI value for FLOT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests FLOT has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 89.42 | OVERBOUGHT | The high Stochastics value suggests FLOT may be overbought. |
| Average True Range in percent/ATR (20) | 0.07 | LOW VOLATILITY | The low ATR as a percentage value for FLOT suggests low volalility. |
| Average Directional Index/ADX (14) | 19.57 | NEGATIVE | The low ADX value for FLOT suggests a weak or negative 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)
51.03
-0.04 (-0.08%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-0.08%
1 Week0.04%
2 Weeks0.16%
1 Month-0.06%
3 Month0.12%
6 Month-0.12%
12 Month-0.08%
2 Year0.31%
3 Year1.35%
5 Year0.67%
10 Year0.89%
15 YearN/A
Volatility
ATR(14)0.03
ATR(20)%0.07%
ATR Inc17.55%
Range Today0.04
ADR(20)0.02
ADR(20)%0.05%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS33.05
Mansfield-0.86
10 Day High51.07
10 Day Low50.95
20 Day High51.09
20 Day Low50.85
52 Week High51.34
52 Week Low49.75
CS1 End51.02
CR1 Start51.06
Volume & EV
DER(3)-2.28%
DER(5)0.25%
Volume1.27M
Volume Incr-8.37%
Vol(5)1.24M
Vol(50)1.24M