In its most recent trading session, iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) dropped by -0.1% – here is what that looked like (as of 2019-12-11):
What’s the reason for these moves? To have a greater insight of what is happening, it is helpful to analyze some technical indicators. The most interesting and telling are these ones:
A Money Flow Index (MFI) of 50.046, a Relative Strength Index (RSI) of 50.0, a True Strength Index (TSI) of -100.0, a Moving Average Convergence Divergence (MACD) of 0.003, an Average Directional Movement Index (ADX) of unknown, an Average True Range (ATR) of 0.296, an Accumulation/Distribution Index (ADI) of 0.296, an On-Balance Volume (OBV) of 5329.19, and a Chaiikin Money Flow (CMF) of 111.06. 13.0
So what do these technical indicators mean? Let’s see. According to Trading View, putting it all together gets the following:
So there you have it – our analysis of iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF). And finally, make sure to DO YOUR OWN RESEARCH! Take the above with a grain of salt, and do your own research.
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