USA - NYSEARCA:IBDM - ETF
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.
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.
24.45
When analyzing the support we notice one important area.
When analyzing the resistance we notice one important 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 | DOWN | NEGATIVE | The long term trend for IBDM is down. |
ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for IBDM is neutral. |
ChartMill Relative Strength | 40.67 | NEUTRAL | IBDM is not amongst the best or worst performers on the market. |
Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of IBDM is above the rising SMA(20). |
Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of IBDM is below a declining SMA(50). |
Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of IBDM is below a declining SMA(200). |
Relative Strength Index/RSI (14) | 51.09 | NEUTRAL | The RSI value for IBDM is a neutral value. |
Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests IBDM has a positive trend. |
Stochastics (14,3) | 83.33 | OVERBOUGHT | The high Stochastics value suggests IBDM may be overbought. |
Average True Range in percent/ATR (20) | 0.05 | LOW VOLATILITY | The low ATR as a percentage value for IBDM suggests low volalility. |
iShares iBonds Dec 2021 Term Corporate ETF
NYSEARCA:IBDM (12/15/2021, 8:34:19 PM)
24.72
+0.01 (+0.04%)