Taking everything into account, SHV scores 1 out of 10 in our technical rating. SHV 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 technical rating of SHV is bad and it also does not present a quality setup 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.
108.82
We found 1 important support area.
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 | NEUTRAL | NEUTRAL | The long term trend for SHV is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for SHV is down. |
| ChartMill Relative Strength | 44.31 | NEUTRAL | SHV is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of SHV is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of SHV is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of SHV is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 37.36 | NEUTRAL | The RSI value for SHV is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.02 | NEGATIVE | The MACD value suggests SHV has a negative trend. |
| Stochastics (14,3) | 8.1 | OVERSOLD | The low Stochastics value suggests SHV may be oversold. |
| Average True Range in percent/ATR (20) | 0.03 | LOW VOLATILITY | The low ATR as a percentage value for SHV suggests low volalility. |
| Average Directional Index/ADX (14) | 21.99 | NEUTRAL | The ADX value for SHV suggests a possible start of a new trend. |
110.15
+0.01 (+0.01%)
ChartMill assigns a technical rating of 1 / 10 to SHV.
The current trend direction for ISHARES SHORT TREASURY BOND (SHV) is Bearish.
ISHARES SHORT TREASURY BOND (SHV) has an RSI value of 37.3568. This indicates that the stock is currently neutral.
The MACD indicator for ISHARES SHORT TREASURY BOND (SHV) has a value of -0.0189482, indicating a bearish trend.