Overall GOVT gets a technical rating of 1 out of 10. GOVT has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
GOVT has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced.
21.94
We found 2 important support areas.
We found 1 important resistance 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 GOVT is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for GOVT is down. |
| ChartMill Relative Strength | 45.97 | NEUTRAL | GOVT is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of GOVT is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of GOVT is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of GOVT is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 39.22 | NEUTRAL | The RSI value for GOVT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests GOVT has a negative trend. |
| Stochastics (14,3) | 20.43 | NEUTRAL | The Stochastics value for GOVT is a neutral value. |
| Average True Range in percent/ATR (20) | 0.29 | LOW VOLATILITY | The low ATR as a percentage value for GOVT suggests low volalility. |
| Average Directional Index/ADX (14) | 19.52 | NEGATIVE | The low ADX value for GOVT suggests a weak or negative trend. |
23.015
-0.06 (-0.26%)
ChartMill assigns a technical rating of 1 / 10 to GOVT.
The current trend direction for ISHARES US TREASURY BOND ETF (GOVT) is Bearish.
ISHARES US TREASURY BOND ETF (GOVT) has an RSI value of 39.2187. This indicates that the stock is currently neutral.
ISHARES US TREASURY BOND ETF (GOVT) has a support level at 22.8 and a resistance level at 23.07. Check the full technical report for our detailed analysis of GOVT support and resistance levels.