iShares JP Morgan Emerging Markets Bond Technical Analysis (NASDAQ:EMB)
Technical analysis is the study of Price and volume data through technical charts. This analysis does not take into account the intrinsic value of a stock. The EMB Chart pattern can give those who understand technical analysis an indication of which way EMB stock is headed, but cannot predict with 100% certainty as to what can happen to the iShares JP Morgan Emerging Markets Bond 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 JP Morgan Emerging Markets Bond. Technical analysis uses an approach for iShares JP Morgan Emerging Markets Bond Analysis that does not care for the fair value of a company but uses price and volume data only.
iShares JP Morgan Emerging Markets Bond Moving Average
Moving averages help predict the price direction of EMB stock based on certain triggers, but with a lag, and form building blocks for other technical indicators like the MACD and bollinger bands. The 20 day moving average of $106.39 is below the last closing price of $106.41 and the 50 day moving average of $107.42 is above the last closing price of $106.41. The 10 and 20 day periods can predict short term moving average trends.
iShares JP Morgan Emerging Markets Bond Bollinger Bands
Bollinger bands comprise of a center line usually EMB SMA, and two EMB 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 upper band in the context of iShares JP Morgan Emerging Markets Bond bollinger bands.
iShares JP Morgan Emerging Markets Bond Moving Average Convergence Divergence or MACD
Two important concepts with respect to moving average convergence divergence or MACD are: crossovers and divergence. When the MACD rises above the signal line, it typically indicates a bullish trend and most likely the Prices will go up. The iShares JP Morgan Emerging Markets Bond MACD line is above the signal line.
iShares JP Morgan Emerging Markets Bond 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. If the RSI of EMB stock goes above 70 it could indicate an overbought condition, and if it goes below 30 it could signal an oversold position.