In its most recent trading session, iShares Global Green Bond ETF (BGRN) dropped by -0.2% – here is what that looked like (as of 2019-10-29):
What’s the reason for these moves? To grasp this action better, it is helpful to analyze some technical indicators. As we see it, you should pay the most attention to the following:
A Money Flow Index (MFI) of 50.149, a Relative Strength Index (RSI) of 50.0, a True Strength Index (TSI) of -100.0, a Moving Average Convergence Divergence (MACD) of 0.004, an Average Directional Movement Index (ADX) of unknown, an Average True Range (ATR) of 0.131, an Accumulation/Distribution Index (ADI) of 0.131, an On-Balance Volume (OBV) of 300.62, and a Chaiikin Money Flow (CMF) of 54.986. 0.668
So what do these technical indicators mean? Let’s see. Consulting Trading View, putting it all together gets the following:
That is what an analysis of technical indicators seems to indicate for iShares Global Green Bond ETF (BGRN). And finally, make sure to DO YOUR OWN RESEARCH! Take the above with a grain of salt, and do your own research.
2335 Holt Street, SAINT CROIX IN 47576