After completing its last trading session, iShares S&P Small-Cap 600 Growth ETF (IJT) spiked up by 0.9% – here is what that looked like (as of 2019-10-29):
What is the cause of all this?? 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 100.0, a Relative Strength Index (RSI) of 50.0, a True Strength Index (TSI) of 100.0, a Moving Average Convergence Divergence (MACD) of -0.042, an Average Directional Movement Index (ADX) of unknown, an Average True Range (ATR) of 1.545, an Accumulation/Distribution Index (ADI) of 1.545, an On-Balance Volume (OBV) of 366.17, and a Chaiikin Money Flow (CMF) of -182.24. 1.0
Now let’s plug these indicators in. Consulting Trading View, we can conclude the following:
That is what an analysis of technical indicators seems to indicate for iShares S&P Small-Cap 600 Growth ETF (IJT). And finally, make sure to DO YOUR OWN RESEARCH! Take the above with a grain of salt, and do your own research.
Becky Steen
2335 Holt Street, SAINT CROIX IN 47576
561-265-3129
becky@merakhaber.com