We assign a technical rating of 4 out of 10 to SUB. SUB has been an average performer in the overall market, it is still ok in the medium term time frame, but very the very recent evolution is negative.
SUB has an average technical rating and also the quality of the setup is 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.
103.69
When analyzing the support we notice one important 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 | UP | POSITIVE | The long term trend for SUB is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for SUB is neutral. |
| ChartMill Relative Strength | 48.71 | NEUTRAL | SUB is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of SUB is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of SUB is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of SUB is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 46.4 | NEUTRAL | The RSI value for SUB is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests SUB has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 41.85 | NEUTRAL | The Stochastics value for SUB is a neutral value. |
| Average True Range in percent/ATR (20) | 0.1 | LOW VOLATILITY | The low ATR as a percentage value for SUB suggests low volalility. |
| Average Directional Index/ADX (14) | 19.43 | NEGATIVE | The low ADX value for SUB suggests a weak or negative trend. |
106.49
+0.1 (+0.09%)
ChartMill assigns a technical rating of 4 / 10 to SUB.
The current trend direction for ISHARES SHORT-TERM NATIONAL (SUB) is Bullish.
ISHARES SHORT-TERM NATIONAL (SUB) has an RSI value of 46.3968. This indicates that the stock is currently neutral.
The short term momentum for ISHARES SHORT-TERM NATIONAL (SUB) is neutral.
ISHARES SHORT-TERM NATIONAL (SUB) has a support level at 106.3 and a resistance level at 106.51. Check the full technical report for our detailed analysis of SUB support and resistance levels.