Weaker Buy Today SPLB ranks #219 as BUY CANDIDATE. Stronger Buy
Today SPLB ranks #219 as BUY CANDIDATE.

SPLB stock SPDR(R) PORTFOLIO LONG TERM CORPORATE BOND ETF SPDR(R) PORTFOLIO LONG TERM CORPORATE BOND ETF

SPLB stock
SPDR(R) PORTFOLIO LONG TERM CORPORATE BOND ETF SPDR(R) PORTFOLIO LONG TERM CORPORATE BOND ETF

23 January 2019
Change 0.43%
Chart period: 2018-10-24 - 2019-01-23
VOLUME
Sell
TREND
Hold

MV LONG
Buy

MV SHORT
Buy

PIVOT
Sell

MACD
Buy
Request Prediction
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SPDR(R) PORTFOLIO LONG TERM CORPORATE BOND ETF SPDR(R) PORTFOLIO LONG TERM CORPORATE BOND ETF Stock Analysis

Technical stock analysis for 23 January 2019

Buy candidate since 2019-01-09 Loss -0.04%
Shorts 0.16% ( 2013-01-15 )
Cash n/a
Loans n/a
Beta 0.16
ROA n/a

SPDR(R) PORTFOLIO LONG TERM CORPORATE BOND ETF SPDR(R) PORTFOLIO LONG TERM CORPORATE BOND ETF gained 0.43% in the last trading day, rising from $25.63 to $25.74 , and has now gained 6 days in a row. It is not often that stocks manage to gain so many days in a row, and falls for a day or two should be expected. The price has risen in 7 of the last 10 days and is up by 0.78% over the past 2 weeks. Volume fell in the last day by -115 568 shares, and in total, 204 474 shares bought and sold for approximately $5.26 million. You should take into consideration that a falling volume on higher prices causes divergence and may be an early warning about possible changes for the next couple of days.

Close price at the end of the last trading day (Wednesday, 23rd Jan 2019) of the SPLB stock was $25.74. This is 0.43% more than the trading day before Tuesday, 22nd Jan 2019.

During day the stock fluctuated 0.39% from a day low at $25.64 to a day high of $25.74.

30 day high of the SPLB stock price was $25.75 and low was $25.08.
90 day high was $25.75 and low was $24.80.
52 week high for the SPDR(R) PORTFOLIO LONG TERM CORPORATE BOND ETF SPDR(R) PORTFOLIO LONG TERM CORPORATE BOND ETF - $28.44 and low - $24.80.

Trend

SPDR(R) PORTFOLIO LONG TERM CORPORATE BOND ETF SPDR(R) PORTFOLIO LONG TERM CORPORATE BOND ETF is the upper part of a narrow and horizontal trend and normally this would pose a good selling opportunity, but a break-up through the top trend line at $25.82 will give a strong buy signal and a trend shift may be expected. Given the current horizontal trend you can expect SPDR(R) PORTFOLIO LONG TERM CORPORATE BOND ETF SPDR(R) PORTFOLIO LONG TERM CORPORATE BOND ETF with 90% probability to be traded between $25.72 and $26.31 at the end of this period with 90% probability. A break of a horizontal trend is often followed by a large increase in the volume, and stocks seldom manage to go directly from the bottom of a trend up to the roof. Stocks turning up in the middle of a horizontal trend are therefore considered to be potential runners.

Click here for today's Top 5 Trending Companies

Signals

SPDR(R) PORTFOLIO LONG TERM CORPORATE BOND ETF SPDR(R) PORTFOLIO LONG TERM CORPORATE BOND ETF holds buy signals from both short- and long-term moving averages. In addition, there is a general buy signal from the relation between the two signals where the short-term average is above the long-term average. On corrections down there will be some support from the lines at $25.58 and $25.38. A break down below any of these levels will issue sell signals. Volume fell during the last trading day despite gaining prices. This causes a divergence between volume and price and may be an early warning. The stock should be watched closely. Some negative signals were issued as well, and these may have some influence on the near short-term development. A sales signal was issued from a pivot top point on Wednesday January 09, 2019, which indicates further falls until a new bottom pivot has been found.

The stock had a Golden Star Signal* on Thursday December 06, 2018 for the short-term and also have Golden Star Signal for the medium-term dated Thursday January 17, 2019.

* 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 stock in question.

Access today's Top 5 Golden Star Companies

Relative Strength Index (RSI)

RSI14 is 62 and the stock is currently not being overbought or oversold

Access full RSI 14 and RSI 21 lists

Support & Resistance

SPDR(R) PORTFOLIO LONG TERM CORPORATE BOND ETF SPDR(R) PORTFOLIO LONG TERM CORPORATE BOND ETF finds support from accumulated volume at $25.47.

Support: $25.47 Price: $25.74 Resistance: $25.75

Risk

This stock is usually traded at good volume, and with minor daily changes the risk is considered to be low. During the last day, the stock moved $0.10 (0.39%) between high and low. For the last week, the stock has had a daily average volatility of 0.38%.

Since the SPDR(R) PORTFOLIO LONG TERM CORPORATE BOND ETF SPDR(R) PORTFOLIO LONG TERM CORPORATE BOND ETF has been rising for 6 days in a row, the risk for the next couple of days has increased. We don't expect a major reaction as the stock is in very good shape technically, and therefore hold a positive evaluation despite the very short term risk.

Our recommended stoploss: $24.88 (-3.36%) (This stock has low daily movements and this gives low risk. There is a sell signal from pivot top found 9 days ago.)

Overall risk:

Very Low Low Medium High Very High

Weaker Buy Today SPLB ranks #219 as BUY CANDIDATE. Stronger Buy
Today SPLB ranks #219 as BUY CANDIDATE.