INVESCO TOTAL RETURN BOND ET (GTO) Stock Technical Analysis
NYSEARCA:GTO - NYSE Arca - US46090A8045 - ETF - Currency: USD
Overall GTO gets a technical rating of 1 out of 10. GTO scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
The short term trend is neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.
When comparing the yearly performance of all stocks, GTO is a bad performer in the overall market: 65% of all stocks are doing better.
GTO is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so GTO is lagging the market.
In the last month GTO has a been trading in a tight range between 45.65 and 46.48.
GTO has a poor technical rating and the quality of the setup is also not perfect 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
45.26
49.27
When analyzing the support we notice one important area.
- A support zone ranging from 45.72 to 46.46. 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 2 important areas.
- A resistance zone ranging from 46.76 to 47.81. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 48.60 to 48.78. 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 GTO is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for GTO is neutral. |
| ChartMill Relative Strength | 35.66 | NEUTRAL | GTO is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of GTO is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of GTO is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of GTO is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 55.95 | NEUTRAL | The RSI value for GTO is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.04 | POSITIVE | The MACD value suggests GTO has a positive trend. |
| Stochastics (14,3) | 77.91 | NEUTRAL | The Stochastics value for GTO is a neutral value. |
| Average True Range in percent/ATR (20) | 0.42 | LOW VOLATILITY | The low ATR as a percentage value for GTO suggests low volalility. |
| Average Directional Index/ADX (14) | 10.09 | NEGATIVE | The low ADX value for GTO 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)
46.525
+0.12 (+0.25%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg0.25%
1 Week0.06%
2 Weeks0.8%
1 Month0.59%
3 Month-0.98%
6 Month-1.19%
12 Month-1.02%
2 Year-0.11%
3 Year-3.61%
5 Year-18.73%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.17
ATR(20)%0.42%
ATR Inc-16.21%
Range Today0.05
ADR(20)0.14
ADR(20)%0.31%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS35.66
Mansfield-0.6
10 Day High46.48
10 Day Low46.1
20 Day High46.48
20 Day Low45.65
52 Week High48.79
52 Week Low45.46
CS1 End46.37
CR1 Start46.46
Volume & EV
DER(3)2.54%
DER(5)3.18%
Volume34.12K
Volume Incr-14%
Vol(5)193.76K
Vol(50)225.43K