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iShares 7-10 Year Treasury Bond ETF Forecast NASDAQ:IEF

$114.97 (-0.32%)

Volume: 11M

Closed: Dec 08, 2021

Hollow Logo Score: -0.564

iShares 7-10 Year Treasury Bond ETF Forecast

$114.97 (-0.32%)

Volume: 11M

Closed: Dec 08, 2021

Score Hollow Logo -0.564
Which way will IEF go? Request

IEF ETF Risk

In general the ETF tends to have very controlled movements and with good liquidity the risk is considered very low in this stock. During the last day, the ETF moved $0.39 between high and low, or 0.34%. For the last week the ETF has had a daily average volatility of 0.56%.

Our recommended stop-loss: $111.15 (-3.33%) (This ETF has low daily movements and this gives low risk. There is a sell signal from a pivot top found 3 days ago.)

Overall risk:

Very Low Low Medium High Very High

* StockInvest.us uses dynamically calculated RSI max/min levels to determine when stock is oversold or overbought based on historical behavior.
RSImin/max Values: [ 30 - 75 ] RSI14 is 54 and the ETF is currently not being overbought or oversold

iShares 7-10 Year Treasury Bond ETF upgraded from Sell Candidate to Hold/Accumulate after Wednesday trading session.
(Updated on Dec 08, 2021)


Hold candidate since 2021-12-08

The iShares 7-10 Year Treasury Bond ETF price fell by -0.32% on the last day (Wednesday, 8th Dec 2021) from $115.34 to $114.97. and has now fallen 4 days in a row. During the day the ETF fluctuated 0.34% from a day low at $114.82 to a day high of $115.20. The price has been going up and down for this period, and there has been a 1.25% gain for the last 2 weeks. Volume has increased on the last day by 3 million shares but on falling prices. This may be an early warning and the risk will be increased slightly over the next couple of days. In total, 11 million shares were bought and sold for approximately $1.28 billion.

The ETF is moving within a narrow and horizontal trend and further movements within this trend can be expected. Given the current horizontal trend, you can expect iShares 7-10 Year Treasury Bond ETF with a 90% probability to be traded between $111.24 and $114.67 at the end of this 3-month period. A break of a horizontal trend is often followed by a large increase in the volume, and ETFS seldom manage to go directly from the bottom of a trend up to the top. ETFS turning up in the middle of a horizontal trend are therefore considered to be potential runners. Do note, that if the stock price manages to stay at current levels or higher, our prediction target will start to change positively over the next few days as the conditions for the current predictions will be broken.

Signals & Forecast

The iShares 7-10 Year Treasury Bond ETF holds a sell signal from the short-term moving average; at the same time, however, there is a buy signal from the long-term average. Since the short-term average is above the long-term average there is a general buy signal in the ETF giving a positive forecast for the stock. On further gains, the ETF will meet resistance from the short-term moving average at approximately $115.69. On a fall, the ETF will find some support from the long-term average at approximately $114.78. A break-up through the short-term average will send a buy signal, whereas a breakdown through the long-term average will send a sell signal. Furthermore, there is a buy signal from the 3 month Moving Average Convergence Divergence (MACD). Some negative signals were issued as well, and these may have some influence on the near short-term development. A sell signal was issued from a pivot top point on Friday, December 03, 2021, and so far it has fallen -1.19%. Further fall is indicated until a new bottom pivot has been found. Volume rose on falling prices yesterday. This may be an early warning and the ETF should be followed more closely. The ETF had a Golden Star Signal on Monday, June 07, 2021 in the long-term chart.

Golden Star Signal is when the short-term moving average, the long-term moving average, and price line meet in a special combination. This combination is very rare and often followed by long and strong gains for the ETF in question.

Buy
Special Signal Notification

Golden Star 12 Months

The ETF had a Golden Star Signal on Monday, June 07, 2021 in the long-term chart.

Golden Star Signal is when the short-term moving average, the long-term moving average, and price line meet in a special combination. This combination is very rare and often followed by long and strong gains for the ETF in question.
Buy
Special Signal Notification

Double Bottom Formation

Double Bottom Formation A buy signal from a double bottom formation was found on Tuesday, November 23, 2021 and based on theory for this formation the price should go up by 2.18% to $117.48 within 23 trading days since signal was issued (Tuesday, December 28, 2021).

Support, Risk & Stop-loss

iShares 7-10 Year Treasury Bond finds support from accumulated volume at $114.75 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.

In general the ETF tends to have very controlled movements and with good liquidity the risk is considered very low in this stock. During the last day, the ETF moved $0.39 between high and low, or 0.34%. For the last week the ETF has had a daily average volatility of 0.56%.

Our recommended stop-loss: $111.15 (-3.33%) (This ETF has low daily movements and this gives low risk. There is a sell signal from a pivot top found 3 days ago.)

Is iShares 7-10 Year Treasury Bond ETF ETF A Buy?

iShares 7-10 Year Treasury Bond holds several positive signals, but we still don't find these to be enough for a buy candidate. At the current level, it should be considered as a hold candidate (hold or accumulate) in this position whilst awaiting further development. We have upgraded our analysis conclusion for this ETF since the last evaluation from a Sell to a Hold/Accumulate candidate.

Current score: -0.564

Predicted Opening Price for iShares 7-10 Year Treasury Bond ETF of Thursday, December 9, 2021

The predicted opening price is based on yesterday's movements between high, low, and the closing price.

Fair opening price December 9, 2021 Current price
$115.00 $114.97 (Undervalued)
Hold/Accumulate Upgraded

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Volatility and Risk
Daily Average Volatility: 0.56 %
Overall Risk: Very High High Medium Low Very Low
Volatility
0.56 %
Daily Average Volatility
Overall Risk

Very High
High
Medium
Low
Very Low

Support & Resistance

Resistance: $115.08
Price: $114.97
Support: $114.75

Fibonacci Support & Resistance Levels

Level Price Change
Resistance 115.38 0.36 %
115.23 0.23 %
115.14 0.15 %
Current price: 114.97
Support 114.85 -0.11 %
114.76 -0.19 %
114.61 -0.31 %

Accumulated Volume Support & Resistance Levels

Level Price Chg %
Resistance 115.93 0.84 %
115.71 0.64 %
115.08 0.0957 %
Current price 114.97
Support 114.75 -0.19%
114.43 -0.47%
114.02 -0.83%

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Golden Star Signal

This unique signal uses moving averages and adds special requirements that convert the very good Golden Cross into a Golden Star.

This signal is rare and, in most cases, gives substantial returns. From 10 000+ stocks usually only a few will trigger a Golden Star Signal per day!

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