iShares GNMA Bond ETF ($GNMA): About To Explode? (2019-10-21)

REPORTING FOR 2019-10-21 | LOGISTICS-BUSINESS-REVIEW.COM: We have done an in-depth analysis of how GNMA has been trading over the last 2 weeks and the past day especially. On its latest session, iShares GNMA Bond ETF ($GNMA) opened at 50.21, reaching a high of 50.24 and a low of 50.1601 before closing at a price of 50.23. There was a total volume of 25826.

VOLUME INDICATORS FOR ISHARES GNMA BOND ETF ($GNMA): We saw an accumulation-distribution index of 347.84847, an on-balance volume of -50.2, chaikin money flow of 4.32667 and a force index of 0.0035. There was an ease of movement rating of 2e-05, a volume-price trend of 0.07723 and a negative volume index of 1000.0.

VOLATILITY INDICATORS FOR ISHARES GNMA BOND ETF ($GNMA): We noted an average true range of 0.08162, bolinger bands of 50.16019, an upper bollinger band of 50.15991, lower bollinger band of 50.1601, a bollinger high band indicator of nan, bollinger low band indicator of 1.0, a central keltner channel of 50.20337, high band keltner channel of 50.17337, low band keltner channel of 50.23337, a high band keltner channel indicator of 1.0 and a low band keltner channel indicator of 1.0. There was a donchian channel high band of 50.1601, a donchian channel low band of 50.1601, a donchian channel high band indicator of 1.0, and a donchian channel low band indicator of 1.0.

TREND INDICATORS FOR ISHARES GNMA BOND ETF ($GNMA): We calculated a Moving Average Convergence Divergence (MACD) of -0.0, a MACD signal of -0.0, a MACD difference of -0.0, a fast Exponential Moving Average (EMA) indicator of 50.1601, a slow Exponential Moving Average (EMA) indicator of 50.1601, an Average Directional Movement Index (ADX) of unknown, an ADX positive of 20.0, an ADX negative of 20.0, a positive Vortex Indicator (VI) of 1.0, a negative VI of 1.0, a trend vortex difference of 0.14441, a trix of 0.01435, a Mass Index (MI) of 1.0, a Commodity Channel Index (CCI) of -66.66667, a Detrended Price Oscillator (DPO) of -0.08188, a KST Oscillator (KST) of 1.6351 and a KST Oscillator (KST Signal) of 1.6351 (leaving a KST difference of -0.0005). We also found an Ichimoku rating of 50.225, an Ichimoku B rating of 50.225, a Ichimoku visual trend A of 50.24883, an Ichimoku visual trend B of 50.3117, an Aroon Indicator (AI) up of 4.0 and an AI indicator down of 4.0. That left a difference of -4.0.

MOMENTUM INDICATORS FOR ISHARES GNMA BOND ETF ($GNMA): We found a Relative Strength Index (RSI) of 50.0, a Money Flow Index (MFI) of 100.0, a True Strength Index (TSI) of 100.0, an ultimate oscillator of 62.13472, a stochastic oscillator of 266.33333, a stochastic oscillator signal of 266.33333, a Williams %R rating of 166.33333 and an awesome oscillator of 0.00383.

RETURNS FOR ISHARES GNMA BOND ETF ($GNMA): There was a daily return of 0.16351, a daily log return of -0.0002 and a cumulative return of -0.0002.

What the heck does all of this mean? If you are new to technical analysis, the above may be gibberish to you, and that’s OK (though we do advise learning these things). The bottom line is that AS OF 2019-10-21 (if you are reading this later, the analysis will be out of date), here is what our deep analysis of technical indicators are telling us for iShares GNMA Bond ETF ($GNMA)…

DISCLAIMER: We are not registered investment advisers and the above analysis should be taken at face value only. We strongly advise against buying or selling iShares GNMA Bond ETF ($GNMA) based solely on our analysis above, and are not responsible for any losses that you may incur if you choose make any investment decisions based on the above.

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