ISHARES IBOXX INVESTMENT GRA (LQD) Stock Technical Analysis
NYSEARCA:LQD - NYSE Arca - US4642872422 - ETF - Currency: USD
We assign a technical rating of 1 out of 10 to LQD. LQD 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.
LQD has an average volume of 29229700 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
When comparing the performance of all stocks over the past year, LQD turns out to be only a medium performer in the overall market: it outperformed 44% of all stocks.
LQD is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so LQD is lagging the market slightly.
In the last month LQD has a been trading in a tight range between 105.39 and 108.50.
LQD has a poor technical rating and the quality of the setup is also 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
103.96
114.86
We found 1 important support area.
- A support zone ranging from 105.01 to 107.11. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
3 important resistance areas can be observed.
- A resistance zone ranging from 107.25 to 108.01. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 109.85 to 110.66. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 113.45 to 113.72. 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 LQD is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for LQD is neutral. |
| ChartMill Relative Strength | 44.34 | NEUTRAL | LQD is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of LQD is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of LQD is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of LQD is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 53.2 | NEUTRAL | The RSI value for LQD is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.02 | POSITIVE | The MACD value suggests LQD has a positive trend. |
| Stochastics (14,3) | 58.01 | NEUTRAL | The Stochastics value for LQD is a neutral value. |
| Average True Range in percent/ATR (20) | 0.61 | LOW VOLATILITY | The low ATR as a percentage value for LQD suggests low volalility. |
| Average Directional Index/ADX (14) | 23.26 | NEUTRAL | The ADX value for LQD suggests a possible start of a new 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)
107.24
+0.96 (+0.9%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg0.9%
1 Week0.12%
2 Weeks0.61%
1 Month-0.92%
3 Month-2.16%
6 Month-2.99%
12 Month0.33%
2 Year-0.35%
3 Year-6.29%
5 Year-18.77%
10 Year-9.33%
15 Year1.69%
Volatility
ATR(14)0.68
ATR(20)%0.61%
ATR Inc16.58%
Range Today0.81
ADR(20)0.58
ADR(20)%0.54%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS44.34
Mansfield-0.5
10 Day High107.4
10 Day Low105.39
20 Day High108.5
20 Day Low105.39
52 Week High114.07
52 Week Low103.45
CS1 End107.11
CR1 Start107.25
Volume & EV
DER(3)0.02%
DER(5)-0.41%
Volume29.21M
Volume Incr15.45%
Vol(5)28.63M
Vol(50)29.23M