Tracking shares of iShares $ Treasury Bond 7-10yr UCITS ETF USD (CU01.L), we have noted that the current price is above the Chikou. Traders following this signal will be watching for possible future upward momentum.
Technical traders may be looking at recent indicator levels on shares of iShares $ Treasury Bond 7-10yr UCITS ETF USD (CU01.L). After a recent check, the 50-day Moving Average is 10792.29, the 200-day Moving Average is 10922.61, and the 7-day is noted at 10645.50. Moving averages have the ability to be used as a powerful indicator for technical stock analysis. Following multiple time frames using moving averages can help investors figure out where the stock has been and help determine where it may be possibly going. The simple moving average is a mathematical calculation that takes the average price (mean) for a given amount of time.
Tracking other technical indicators, the 14-day RSI is presently standing at 26.57, the 7-day sits at 19.93, and the 3-day is resting at 20.48 for iShares $ Treasury Bond 7-10yr UCITS ETF USD (CU01.L). The Relative Strength Index (RSI) is an often employed momentum oscillator that is used to measure the speed and change of stock price movements. When charted, the RSI can serve as a visual means to monitor historical and current strength or weakness in a certain market. This measurement is based on closing prices over a specific period of time. As a momentum oscillator, the RSI operates in a set range. This range falls on a scale between 0 and 100. If the RSI is closer to 100, this may indicate a period of stronger momentum. On the flip side, an RSI near 0 may signal weaker momentum. The RSI was originally created by J. Welles Wilder which was introduced in his 1978 book “New Concepts in Technical Trading Systems”.
Some investors may find the Williams Percent Range or Williams %R as a helpful technical indicator. Presently, iShares $ Treasury Bond 7-10yr UCITS ETF USD (CU01.L)’s Williams Percent Range or 14 day Williams %R is resting at -182.77. Values can range from 0 to -100. A reading between -80 to -100 may be typically viewed as strong oversold territory. A value between 0 to -20 would represent a strong overbought condition. As a momentum indicator, the Williams R% may be used with other technicals to help define a specific trend.
Investors may use various technical indicators to help spot trends and buy/sell signals. Presently, iShares $ Treasury Bond 7-10yr UCITS ETF USD (CU01.L) has a 14-day Commodity Channel Index (CCI) of -98.41. The CCI was developed by Donald Lambert. The assumption behind the indicator is that investment instruments move in cycles with highs and lows coming at certain periodic intervals. The original guidelines focused on creating buy/sell signals when the reading moved above +100 or below -100. Traders may also use the reading to identify overbought/oversold conditions.