Taking everything into account, SHY scores 2 out of 10 in our technical rating. In the last year, SHY was a medium performer in the overall market. We are getting mixed signals now in both the short and medium term picture.
SHY 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.
80.36
We found 1 important support area.
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 SHY is up. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for SHY is down. |
| ChartMill Relative Strength | 47.37 | NEUTRAL | SHY is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of SHY is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of SHY is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of SHY is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 41.87 | NEUTRAL | The RSI value for SHY is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.02 | NEGATIVE | The MACD value suggests SHY has a negative trend. |
| Stochastics (14,3) | 14.29 | OVERSOLD | The low Stochastics value suggests SHY may be oversold. |
| Average True Range in percent/ATR (20) | 0.09 | LOW VOLATILITY | The low ATR as a percentage value for SHY suggests low volalility. |
| Average Directional Index/ADX (14) | 17.05 | NEGATIVE | The low ADX value for SHY suggests a weak or negative trend. |
82.77
-0.03 (-0.04%)
ChartMill assigns a technical rating of 2 / 10 to SHY.
The current trend direction for ISHARES 1-3 YEAR TREASURY BO (SHY) is Bullish.
ISHARES 1-3 YEAR TREASURY BO (SHY) has an RSI value of 41.8742. This indicates that the stock is currently neutral.
The MACD indicator for ISHARES 1-3 YEAR TREASURY BO (SHY) has a value of -0.0175364, indicating a bearish trend.
The buy/sell signal for ISHARES 1-3 YEAR TREASURY BO (SHY) is hold as the short term and long term trends are mixed.