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iShares iBonds Dec 2021 Term Corporate ETF (IBDM) Stock Technical Analysis

USA - NYSEARCA:IBDM - ETF

24.72
+0.01 (+0.04%)
Last: 12/15/2021, 8:34:19 PM
Technical Rating and Analysis

2

Taking everything into account, IBDM scores 2 out of 10 in our technical rating. IBDM 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.

The long term trend is still negative, but the short term trend is neutral. It is advised to wait a little bit longer to see how this turns out.
IBDM is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
When compared to the yearly performance of all other stocks, IBDM outperforms 40% of them, which is more or less in line with the market.
In the last month IBDM has a been trading in a tight range between 24.70 and 24.72.
Weekly and Daily overview Charts
iShares iBonds Dec 2021 Term Corporate ETF / IBDM Weekly stock chart
iShares iBonds Dec 2021 Term Corporate ETF / IBDM Daily stock chart
Setup Rating and Analysis

8

IBDM has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 24.72. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 24.72, a Stop Loss order could be placed below this zone.

Support and Resistance Analysis

24.45

25.40

When analyzing the support we notice one important area.

  • A support zone ranging from 24.70 to 24.72. 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 24.72 to 25.15. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
Technical Indicator Signal Analysis

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.

IndicatorValueSignalComment
ChartMill Long Term Trend IndicatorDOWNNEGATIVEThe long term trend for IBDM is down.
ChartMill Short Term Trend IndicatorNEUTRALNEUTRALThe short term trend for IBDM is neutral.
ChartMill Relative Strength40.67NEUTRALIBDM is not amongst the best or worst performers on the market.
Simple Moving Average/SMA (20)UPPOSITIVEThe current price of IBDM is above the rising SMA(20).
Simple Moving Average/SMA (50)DOWNNEGATIVEThe current price of IBDM is below a declining SMA(50).
Simple Moving Average/SMA (200)DOWNNEGATIVEThe current price of IBDM is below a declining SMA(200).
Relative Strength Index/RSI (14)51.09NEUTRALThe RSI value for IBDM is a neutral value.
Moving Average Convergence Divergence/MACD (12, 26, 9)0POSITIVEThe MACD value suggests IBDM has a positive trend.
Stochastics (14,3)83.33OVERBOUGHTThe high Stochastics value suggests IBDM may be overbought.
Average True Range in percent/ATR (20)0.05LOW VOLATILITYThe low ATR as a percentage value for IBDM suggests low volalility.
Chart- and CandleStick Pattern Analysis
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)
iShares iBonds Dec 2021 Term Corporate ETF / IBDM Daily stock chart

iShares iBonds Dec 2021 Term Corporate ETF

NYSEARCA:IBDM (12/15/2021, 8:34:19 PM)

24.72

+0.01 (+0.04%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg0.04%
1 Week0%
2 Weeks0%
1 Month0.04%
3 Month-0.04%
6 Month-0.2%
12 Month-0.68%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.01
ATR(20)%0.05%
ATR Inc-6.67%
Range Today0.01
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
CRS40.67
Mansfield-1.07
10 Day High24.72
10 Day Low24.71
20 Day High24.72
20 Day Low24.7
52 Week High24.92
52 Week Low24.7
CS1 End24.72
CR1 Start24.72
Volume & EV
DER(3)1.04%
DER(5)1.44%
Volume154.60K
Volume Incr-23.6%
Vol(5)180.40K
Vol(50)272.87K