ISHARES 20+ BOND BUYWRITE (TLTW) Technical Analysis
NYSEARCA:TLTW • US46436E3383
Current stock price
TLTW Technical Rating and Analysis
Overall TLTW gets a technical rating of 0 out of 10. TLTW scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
- The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
- When comparing the yearly performance of all stocks, TLTW is a bad performer in the overall market: 73% of all stocks are doing better.
- TLTW is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
- TLTW has an average volume of 2010160 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- In the last month TLTW has a been trading in a tight range between 22.23 and 22.67.
TLTW Weekly and Daily overview Charts
TLTW Setup Rating and Analysis
TLTW has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is a support zone below the current price at 22.32, a Stop Loss order could be placed below this zone.
More info and screens
TLTW Support and Resistance Analysis
22.07
When analyzing the support we notice one important area.
- A support zone ranging from 22.29 to 22.32. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 22.44 to 23.07. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 23.45 to 23.45. This zone is formed by a combination of multiple trend lines in the daily time frame.
- A resistance zone ranging from 23.96 to 24.20. This zone is formed by a combination of multiple trend lines in multiple time frames.
TLTW Technical Indicator Signal Analysis
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 | DOWN | NEGATIVE | The long term trend for TLTW is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for TLTW is down. |
| ChartMill Relative Strength | 27.51 | NEGATIVE | TLTW has a low relative strength, it was outperformed by 72.49% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of TLTW is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of TLTW is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of TLTW is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 42.45 | NEUTRAL | The RSI value for TLTW is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests TLTW has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 18.06 | OVERSOLD | The low Stochastics value suggests TLTW may be oversold. |
| Average True Range in percent/ATR (20) | 0.66 | LOW VOLATILITY | The low ATR as a percentage value for TLTW suggests low volalility. |
| Average Directional Index/ADX (14) | 26.95 | POSITIVE | The high ADX value value for TLTW suggests a strong trend. |
TLTW Chart- and CandleStick Pattern Analysis
TLTW Technicals: Chart, Performance Metrics, Trend & Indicators
22.36
+0.07 (+0.31%)
ISHARES 20+ BOND BUYWRITE / TLTW TA FAQ
Can you provide the ChartMill technical rating for ISHARES 20+ BOND BUYWRITE?
ChartMill assigns a technical rating of 0 / 10 to TLTW.
What is the trend direction for TLTW stock?
The current trend direction for ISHARES 20+ BOND BUYWRITE (TLTW) is Bearish.
What is the RSI signal for ISHARES 20+ BOND BUYWRITE (TLTW) stock?
ISHARES 20+ BOND BUYWRITE (TLTW) has an RSI value of 42.4481. This indicates that the stock is currently neutral.
Can you provide the MACD signal for ISHARES 20+ BOND BUYWRITE?
The MACD indicator for ISHARES 20+ BOND BUYWRITE (TLTW) has a value of -0.0109672, indicating a bearish trend.
What is the support and resistance level for TLTW stock?
ISHARES 20+ BOND BUYWRITE (TLTW) has a support level at 22.32 and a resistance level at 22.44. Check the full technical report for our detailed analysis of TLTW support and resistance levels.