iShares Short Treasury Bond Fund Technical Analysis (NASDAQ:SHV)
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 SHV Chart pattern can give those who understand technical analysis an indication of which way SHV stock is headed, but cannot predict with 100% certainty as to what can happen to the iShares Short Treasury Bond Fund Price.
View technical indicators like moving averages - SMA and EMA, and bollinger bands for iShares Short Treasury Bond Fund. Technical analysis uses an approach for iShares Short Treasury Bond Fund Analysis that does not care for the fair value of a company but uses price and volume data only.
iShares Short Treasury Bond Fund Moving Average
Moving averages show the SHV Price trend. The two most popular types of moving averages are the Simple Moving Average or SMA and the Exponential Moving Average or EMA. The longer the duration of the moving average, the higher the lag. For example, 200 day moving averages for iShares Short Treasury Bond Fund are mostly signals of long term trends and will help long term traders.
iShares Short Treasury Bond Fund Bollinger Bands
Bollinger bands comprise of a center line usually SHV SMA, and two SHV 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 Short Treasury Bond Fund bollinger bands.
iShares Short Treasury Bond Fund Moving Average Convergence Divergence or MACD
The moving average convergence divergence or MACD is a technical indicator which helps assess the Price trend. Traders usually wait for a confirmed crossover signal before entering into a trading position. Divergence implies that the current Price trend could come to an end, when the Price diverges from MACD. The iShares Short Treasury Bond Fund MACD line is below the signal line.
iShares Short Treasury Bond Fund 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 . 42.86 is the RSI value of SHV stock.