Overall MBB gets a technical rating of 7 out of 10. Although MBB is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
MBB has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 95.73. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 95.60, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for MBB in the last couple of days, which is a good sign.
88.83
We found 2 important support areas.
When analyzing the resistance we notice one important 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 | UP | POSITIVE | The short term trend for MBB is up. |
| ChartMill Relative Strength | 48.29 | 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) | UP | POSITIVE | The current price of MBB is above the rising 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) | 54.39 | NEUTRAL | The RSI value for MBB is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.02 | POSITIVE | The MACD value suggests MBB has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 74.46 | NEUTRAL | The Stochastics value for MBB is a neutral value. |
| Average True Range in percent/ATR (20) | 0.27 | LOW VOLATILITY | The low ATR as a percentage value for MBB suggests low volalility. |
| Average Directional Index/ADX (14) | 10.63 | NEGATIVE | The low ADX value for MBB suggests a weak or negative trend. |
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 95.87 | 95.38 | 0.49 (0.51%) | 25.00% |
| An entry @95.87. This is a Buy Stop order right above the 10 day high. | An exit @95.38. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 0.49 points, which is 0.51%. | For a 0.13% total portfolio risk, you can invest 25.00% of your capital in this trade. |
95.69
-0.1 (-0.1%)
ChartMill assigns a technical rating of 7 / 10 to MBB.
The current trend direction for ISHARES MBS ETF (MBB) is Bullish.
ISHARES MBS ETF (MBB) has an RSI value of 54.3903. This indicates that the stock is currently neutral.
The MACD indicator for ISHARES MBS ETF (MBB) has a value of 0.0181163, indicating a bearish trend.
The short term momentum for ISHARES MBS ETF (MBB) is positive.