iShares Intermediate Credit Bond ETF Technical Analysis (NASDAQ:CIU)
Technical analysis relies on the belief that future price movements of a stock can be forecasted through the study of historical market data and technical charts. The CIU Chart pattern can give those who understand technical analysis an indication of which way CIU stock is headed, but cannot predict with 100% certainty as to what can happen to the iShares Intermediate Credit Bond ETF Price.
You can view Simple Moving Average - SMA 20 day, 50 day & 100 day, Exponential Moving Average - EMA 20 day, 50 day & 100 day charts, and Bollinger Bands for iShares Intermediate Credit Bond ETF. The technical analysis form of iShares Intermediate Credit Bond ETF Analysis tries to understand the market by studying the stock market trend itself as opposed to other aspects like the company's fundamentals.
iShares Intermediate Credit Bond ETF Moving Average
Moving averages show the average price of CIU stock over a set time period and help traders see the overall trend by smoothening out the daily variation in price movement. A key factor that impacts moving averages is the lag factor. The 20 day moving average of $106.89 is above the price of $106.47.
iShares Intermediate Credit Bond ETF Bollinger Bands
Bollinger bands comprise of a center line usually CIU SMA, and two CIU Price bands above and below it. The stock is considered overbought when the price starts moving closer towards the upper band, and is considered oversold as Price moves closer towards the lower band. The Price is trading between the average and the lower band in the context of iShares Intermediate Credit Bond ETF bollinger bands.
iShares Intermediate Credit Bond ETF Moving Average Convergence Divergence or MACD
The moving average convergence divergence or MACD is a technical indicator which helps gauge the Price trend, as the indicator is useful in understanding the strength, direction and momentum of the Price. The iShares Intermediate Credit Bond ETF MACD line is below the signal line.
iShares Intermediate Credit Bond ETF Relative Strength Index
This technical indicator compares the relative strength or weakness of a stock. It measures the magnitude of rise or fall in Price movements . The relative strength index of CIU stock is 27.83.