iShares 7-10 Years Treasury Bonds Fund Technical Analysis (NASDAQ:IEF)
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. Just by looking at the iShares 7-10 Years Treasury Bonds Fund Price one can't take a trading decision. A trader needs to find a chart pattern, which is a clear cut pattern formation on the IEF Chart which creates a trading signal.
See iShares 7-10 Years Treasury Bonds Fund bollinger bands, SMA - 200 day moving average, 50 day moving average and exponential moving averages. Technical analysis essentially tries to study the supply and demand for a particular security and determine the stock trends for that security. Chartists use Price movements for this form of iShares 7-10 Years Treasury Bonds Fund Analysis.
iShares 7-10 Years Treasury Bonds Fund Moving Average
Moving averages show the average price of IEF 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 $102.42 is above the last closing price of $102.22 and the 50 day moving average of $101.91 is below the last closing price of $102.22. The 10 and 20 day periods can predict short term moving average trends.
iShares 7-10 Years Treasury Bonds Fund Bollinger Bands
Bollinger bands consist of two price bands above and below a center line for any company stock like iShares 7-10 Years Treasury Bonds Fund. The tightening of bands is considered by most traders to be a precursor to sudden increase in volatility. iShares 7-10 Years Treasury Bonds Fund bollinger bands show that the Price is $102.22, upper band is 102.73, lower band is 102.11, and the average is 102.42.
iShares 7-10 Years Treasury Bonds Fund 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 7-10 Years Treasury Bonds Fund MACD line is above the signal line.
iShares 7-10 Years Treasury Bonds 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. The relative strength index of IEF stock is 43.78.