IShares GNMA Bond (GNMA) Rises 0.04% for Jan 13

IEI Crowded With Sellers

Traders following the stock may be on the lookout for possible bullish momentum. RSI can be used to detect general trends as well as finding divergences and failure swings.

Checking in on some other technical levels, the 14-day RSI is now at 56.10, the 7-day stands at 63.52, and the 3-day is sitting at 80.18. Some analysts believe that the ADX is one of the best trend strength indicators available. Developed by Donald Lambert, the CCI is a versatile tool that may be used to help spot an emerging trend or provide warning of extreme conditions. ADX calculations are made based on the moving average price range expansion over a specified amount of time. The Schaff Trend Cycle indicator fluctuates between 0 and 100. This indicator compares the closing price of a stock in relation to the highs and lows over a certain time period. Presently, Aggregate Bond Ishares (AGG)'s Williams Percent Range or 14 day Williams %R is resting at -67.71. This represents a $0.44 annualized dividend and a dividend yield of 0.40%. Generally speaking, an ADX value from 0-25 would indicate an absent or weak trend. A value of 25-50 would indicate a strong trend.

Interested investors may be watching the Williams Percent Range or Williams %R. The Williams %R is a momentum indicator that helps measure oversold and overbought levels.

The ETF is -4.70% of its 52-Week High and 3.58% of its low, and is now having ATR of 0.46. A reading from -80 to -100 would indicate an oversold situation.

Currently, the 14-day ADX for Ishares Premium Money Market ETF (CMR.TO) is sitting at 17.74. Many investors will use the CCI in conjunction with other indicators when evaluating a trade. A value of 50-75 would identify a very strong trend, and a value of 75-100 would lead to an extremely strong trend. On the flip side, a reading below -100 may signal a downtrend reflecting weak price action.

Taking a peek at some Moving Averages, the 200-day is at 18.88, the 50-day is 18.81, and the 7-day is sitting at 18.75. They may also be used to help the trader figure out proper support and resistance levels for the stock. Moving averages are considered to be lagging indicators meaning that they confirm trends. Moving averages are a popular trading tool among investors. Looking at a chart of one year performance (below), IEI's low point in its 52 week range is $121.43 per share, with $124.98 as the 52 week high point - that compares with a last trade of $121.47. iShares 3-7 Year Treasury Bond shares are now trading down about 0.1% on the day.

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