iShares 20+ Year Treasury Bond ETF Technical Analysis (NASDAQ:TLT)
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 iShares 20+ Year Treasury Bond ETF Price data and volume are plotted in TLT Charts and these trading charts form the basis of technical analysis.
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 20+ Year Treasury Bond ETF. Technical analysis uses an approach for iShares 20+ Year Treasury Bond ETF Analysis that does not care for the fair value of a company but uses price and volume data only.
iShares 20+ Year Treasury Bond ETF Moving Average
Moving averages help predict the price direction of TLT stock based on certain triggers, but with a lag, and form building blocks for other technical indicators like the MACD and bollinger bands. A key factor that impacts moving averages is the lag factor. The 20 day moving average of $120.71 is above the price of $118.46.
iShares 20+ Year Treasury Bond ETF Bollinger Bands
Bollinger bands comprise of a center line usually TLT SMA, and two TLT 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 20+ Year Treasury Bond ETF bollinger bands.
iShares 20+ Year Treasury Bond ETF 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 20+ Year Treasury Bond ETF MACD indicator is below 0 indicating a bearish trend.
iShares 20+ Year Treasury Bond ETF 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 TLT stock goes above 70 it could indicate an overbought condition, and if it goes below 30 it could signal an oversold position.