iShares 1-3 Year Credit Bond Fund Technical Analysis (NASDAQ:CSJ)
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 CSJ Chart pattern can give those who understand technical analysis an indication of which way CSJ stock is headed, but cannot predict with 100% certainty as to what can happen to the iShares 1-3 Year Credit Bond Fund Price.
View technical indicators like moving averages - SMA and EMA, and bollinger bands for iShares 1-3 Year Credit Bond Fund. Technical analysis uses an approach for iShares 1-3 Year Credit Bond Fund Analysis that does not care for the fair value of a company but uses price and volume data only.
iShares 1-3 Year Credit Bond Fund Moving Average
Moving averages show the average price of CSJ stock over a set time period and help traders see the overall trend by smoothening out the daily variation in price movement. The 20 day moving average of $103.74 is above the last closing price of $103.59 and the 50 day moving average of $103.8 is above the last closing price of $103.59. The 10 and 20 day periods can predict short term moving average trends.
iShares 1-3 Year Credit Bond Fund Bollinger Bands
Bollinger bands comprise of a center line usually CSJ SMA, and two CSJ 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 1-3 Year Credit Bond Fund bollinger bands.
iShares 1-3 Year Credit Bond Fund 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 1-3 Year Credit Bond Fund MACD indicator can be used to identify bullish and bearish trends for the stock.
iShares 1-3 Year Credit Bond Fund Relative Strength Index
The relative strength index compares the magnitude of recent gains to recent losses and is a momentum indicator. It attempts to assess overbought and oversold conditions of a stock. 39.62 is the RSI value of CSJ stock.