SPDR Barclays Cap Interm Term Corp Bnd (ITR) Stock Technical Analysis
NYSEARCA:ITR - NYSE Arca -
Overall ITR gets a technical rating of 5 out of 10. ITR has been an average performer in the overall market. We also notice some doubts in the very recent evolution, but in the medium term things are still fine.
Although the technical rating is only medium, ITR does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 34.56. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 34.55, a Stop Loss order could be placed below this zone.
More info and screens
33.32
2 important support areas can be observed.
- A support zone ranging from 34.49 to 34.55. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 33.66 to 33.67. This zone is formed by a combination of multiple trend lines in multiple time frames.
We found 1 important resistance area.
- A resistance zone ranging from 34.56 to 34.70. 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 | UP | POSITIVE | The long term trend for ITR is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for ITR is neutral. |
| ChartMill Relative Strength | 47.6 | NEUTRAL | ITR is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of ITR is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of ITR is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of ITR is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 54.45 | NEUTRAL | The RSI value for ITR is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests ITR has a positive trend. |
| Stochastics (14,3) | 70.37 | NEUTRAL | The Stochastics value for ITR is a neutral value. |
| Average True Range in percent/ATR (20) | 0.19 | LOW VOLATILITY | The low ATR as a percentage value for ITR suggests low volalility. |
SPDR Barclays Cap Interm Term Corp Bnd
NYSEARCA:ITR (10/13/2017, 8:24:36 PM)
34.56
+0.04 (+0.12%)