SPDR Barclays Intermediate Term Treasury (ITE) Stock Technical Analysis
USA - NYSEARCA:ITE -
62.28
+0.19 (+0.31%)
Overall ITE gets a technical rating of 6 out of 10. This is due to a consistent overall performance, although we see some doubts in the very recent evolution. In the medium time frame things are still looking good.
Looking at the yearly performance, ITE did better than 74% of all other stocks. We also observe that the gains produced by ITE over the past year are nicely spread over this period.
ITE 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 ITE is lagging the market slightly.
The short term trend is negative, but the long term trend is still positive. So although the long term is still positive, this may be a trend turning.
In the last month ITE has a been trading in a tight range between 61.76 and 63.21.
Considerably lower volume is observed in the last couple of days.
ITE 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
57.06
63.82
We found 2 important support areas.
- A support zone ranging from 61.36 to 62.18. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 57.64 to 58.53. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 62.31 to 63.19. This zone is formed by a combination of multiple trend lines and important moving averages 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 ITE is up. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for ITE is down. |
| ChartMill Relative Strength | 74.42 | POSITIVE | ITE has a high relative strength, it outperformed 74.42% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of ITE is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of ITE is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of ITE is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 46.57 | NEUTRAL | The RSI value for ITE is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.08 | NEGATIVE | The MACD value suggests ITE has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 26.44 | NEUTRAL | The Stochastics value for ITE is a neutral value. |
| Average True Range in percent/ATR (20) | 0.34 | LOW VOLATILITY | The low ATR as a percentage value for ITE suggests low volalility. |
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)
SPDR Barclays Intermediate Term Treasury
NYSEARCA:ITE (9/20/2019, 8:04:06 PM)
62.28
+0.19 (+0.31%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg0.31%
1 Week0.84%
2 Weeks-0.89%
1 Month-0.7%
3 Month1.07%
6 Month3.33%
12 Month7.23%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.23
ATR(20)%0.34%
ATR Inc-30.92%
Range Today0.18
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
CRS74.42
Mansfield-0.26
10 Day High62.7
10 Day Low61.76
20 Day High63.21
20 Day Low61.76
52 Week High63.21
52 Week Low57.6
CS1 End62.18
CR1 Start62.31
Volume & EV
DER(3)0.03%
DER(5)-2.46%
Volume122.20K
Volume Incr-67.45%
Vol(5)305.38K
Vol(50)489.38K