Overall MBB gets a technical rating of 5 out of 10. MBB 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, MBB does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 95.32. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 95.29, a Stop Loss order could be placed below this zone.
88.83
3 important support areas can be observed.
We found 1 important resistance 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 | UP | POSITIVE | The long term trend for MBB is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for MBB is neutral. |
| ChartMill Relative Strength | 46.47 | NEUTRAL | MBB is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of MBB is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of MBB is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of MBB is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 50.34 | NEUTRAL | The RSI value for MBB is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests MBB has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 59.54 | NEUTRAL | The Stochastics value for MBB is a neutral value. |
| Average True Range in percent/ATR (20) | 0.29 | LOW VOLATILITY | The low ATR as a percentage value for MBB suggests low volalility. |
| Average Directional Index/ADX (14) | 8.51 | NEGATIVE | The low ADX value for MBB suggests a weak or negative trend. |
95.3
-0.05 (-0.05%)
ChartMill assigns a technical rating of 5 / 10 to MBB.
The current trend direction for ISHARES MBS ETF (MBB) is Bullish.
ISHARES MBS ETF (MBB) has an RSI value of 50.3402. This indicates that the stock is currently neutral.
The MACD indicator for ISHARES MBS ETF (MBB) has a value of 0.0107321, indicating a bearish trend.
The short term momentum for ISHARES MBS ETF (MBB) is neutral.