ISHARES IBOXX INVESTMENT GRA (LQD) Stock Technical Analysis
USA - NYSEARCA:LQD - US4642872422 - ETF
Taking everything into account, LQD scores 4 out of 10 in our technical rating. LQD 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.
LQD has an average technical rating and the quality of the presented setup is also not ideal 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
When analyzing the support we can see 3 important areas.
- Strong support @109.61 from a horizontal line in the daily time frame.
- A support zone ranging from 107.24 to 107.48. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 105.01 to 105.23. 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 110.82 to 112.92. 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 LQD is up. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for LQD is down. |
| ChartMill Relative Strength | 48.01 | NEUTRAL | LQD is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of LQD is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of LQD is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of LQD is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 39.8 | NEUTRAL | The RSI value for LQD is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.24 | NEGATIVE | The MACD value suggests LQD has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 12.82 | OVERSOLD | The low Stochastics value suggests LQD may be oversold. |
| Average True Range in percent/ATR (20) | 0.42 | LOW VOLATILITY | The low ATR as a percentage value for LQD suggests low volalility. |
| Average Directional Index/ADX (14) | 22.46 | NEUTRAL | The ADX value for LQD suggests a possible start of a new trend. |
110.71
-0.22 (-0.2%)
ISHARES IBOXX INVESTMENT GRA / LQD FAQ
What is the ChartMill technical rating of ISHARES IBOXX INVESTMENT GRA (LQD) stock?
ChartMill assigns a technical rating of 4 / 10 to LQD.
What is the trend direction for LQD stock?
The current trend direction for ISHARES IBOXX INVESTMENT GRA (LQD) is Bullish.
What is the RSI signal for LQD stock?
ISHARES IBOXX INVESTMENT GRA (LQD) has an RSI value of 39.8002. This indicates that the stock is currently neutral.
What is the MACD signal for ISHARES IBOXX INVESTMENT GRA (LQD) stock?
The MACD indicator for ISHARES IBOXX INVESTMENT GRA (LQD) has a value of -0.240336, indicating a bearish trend.
What is the buy/sell signal for LQD stock?
The buy/sell signal for ISHARES IBOXX INVESTMENT GRA (LQD) is hold as the short term and long term trends are mixed.