ISHARES 20+ YEAR TREASURY BD (TLT) Stock Technical Analysis
USA - NASDAQ:TLT - US4642874329 - ETF
91.43 USD
-0.63 (-0.68%)
91.33 USD
-0.1 (-0.11%)
Taking everything into account, TLT scores 8 out of 10 in our technical rating. Although TLT is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
Both the short term and long term trends are positive. This is a very positive sign.
TLT is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so TLT is lagging the market slightly.
TLT has an average volume of 34531700 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
When compared to the yearly performance of all other stocks, TLT outperforms 47% of them, which is more or less in line with the market.
In the last month TLT has a been trading in a tight range between 88.65 and 92.19.
TLT has an excellent technical rating, but 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.
More info and screens
83.13
102.34
When analyzing the support we can see 2 important areas.
- A support zone ranging from 88.70 to 91.23. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 83.97 to 85.46. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 3 important resistance areas.
- Resistance @92.57 from a horizontal line in the daily time frame.
- Resistance @94.39 from a horizontal line in the weekly time frame.
- A resistance zone ranging from 99.15 to 101.33. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 TLT is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for TLT is up. |
| ChartMill Relative Strength | 47.58 | NEUTRAL | TLT is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of TLT is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of TLT is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of TLT is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 62.55 | NEUTRAL | The RSI value for TLT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.13 | POSITIVE | The MACD value suggests TLT has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 89.96 | OVERBOUGHT | The high Stochastics value suggests TLT may be overbought. |
| Average True Range in percent/ATR (20) | 0.73 | LOW VOLATILITY | The low ATR as a percentage value for TLT suggests low volalility. |
| Average Directional Index/ADX (14) | 33.59 | POSITIVE | The high ADX value value for TLT suggests a strong trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
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 |
|---|---|---|---|
| 92.58 | 89.85 | 2.73 (2.95%) | 25.00% |
| An entry @92.58. This is a Buy Stop order right above the resistance zone. | An exit @89.85. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 2.73 points, which is 2.95%. | For a 0.74% total portfolio risk, you can invest 25.00% of your capital in this trade. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
91.43
-0.63 (-0.68%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-0.68%
1 Week0.1%
2 Weeks2.52%
1 Month2.75%
3 Month5.79%
6 Month2.86%
12 Month-0.77%
2 Year9.39%
3 Year-4.87%
5 Year-41.97%
10 Year-25.53%
15 Year-8.95%
Volatility
ATR(14)0.67
ATR(20)%0.73%
ATR Inc-14.91%
Range Today0.5
ADR(20)0.56
ADR(20)%0.61%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS47.58
3 months CRS67.36
6 months CRS32.37
Mansfield-0.76
10 Day High92.19
10 Day Low89.86
20 Day High92.19
20 Day Low88.65
52 Week High94.85
52 Week Low83.3
CS1 End91.23
CR1 Start92.57
Volume & EV
DER(3)3.86%
DER(5)3.08%
Volume28.28M
Volume Incr-2.28%
Vol(5)30.39M
Vol(50)34.53M