We Analyzed iShares Global Infrastructure ETF ($IGF) – Here’s What We Found (2019-11-08)

REPORTING FOR 2019-11-08 | LOGISTICS-BUSINESS-REVIEW.COM: We have done an in-depth analysis of how IGF has been trading over the last 2 weeks and the past day especially. On its latest session, iShares Global Infrastructure ETF ($IGF) opened at 46.96, reaching a high of 46.99 and a low of 46.565 before closing at a price of 46.68. There was a total volume of 105221.

VOLUME INDICATORS FOR ISHARES GLOBAL INFRASTRUCTURE ETF ($IGF): We saw an accumulation-distribution index of 1396.36571, an on-balance volume of 46.84, chaikin money flow of 27.33333 and a force index of 0.13065. There was an ease of movement rating of -0.00013, a volume-price trend of 0.65208 and a negative volume index of 1000.0.

VOLATILITY INDICATORS FOR ISHARES GLOBAL INFRASTRUCTURE ETF ($IGF): We noted an average true range of 0.25119, bolinger bands of 47.09141, an upper bollinger band of 46.31359, lower bollinger band of 46.565, a bollinger high band indicator of nan, bollinger low band indicator of 1.0, a central keltner channel of 46.83833, high band keltner channel of 46.80833, low band keltner channel of 46.86833, 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 46.565, a donchian channel low band of 46.565, a donchian channel high band indicator of 1.0, and a donchian channel low band indicator of 1.0.

TREND INDICATORS FOR ISHARES GLOBAL INFRASTRUCTURE ETF ($IGF): We calculated a Moving Average Convergence Divergence (MACD) of 0.00617, a MACD signal of 0.00343, a MACD difference of 0.00274, a fast Exponential Moving Average (EMA) indicator of 46.565, a slow Exponential Moving Average (EMA) indicator of 46.565, 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 0.09758, a trix of 1.09801, a Mass Index (MI) of 1.0, a Commodity Channel Index (CCI) of 66.66667, a Detrended Price Oscillator (DPO) of -0.64009, a KST Oscillator (KST) of 13.93777 and a KST Oscillator (KST Signal) of 13.93777 (leaving a KST difference of 1.49701). We also found an Ichimoku rating of 46.975, an Ichimoku B rating of 46.975, a Ichimoku visual trend A of 46.20206, an Ichimoku visual trend B of 46.36145, 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 GLOBAL INFRASTRUCTURE ETF ($IGF): 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 61.8391, a stochastic oscillator of 1416.66667, a stochastic oscillator signal of 1416.66667, a Williams %R rating of 1316.66667 and an awesome oscillator of 0.058.

RETURNS FOR ISHARES GLOBAL INFRASTRUCTURE ETF ($IGF): There was a daily return of 1.39378, a daily log return of 0.58884 and a cumulative return of 0.59057.

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 2019-11-08 (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 Global Infrastructure ETF ($IGF)…

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 Global Infrastructure ETF ($IGF) 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.

Gary Ivenchuck

Gary is a stock trading expert and is responsible for covering technical analysis news on Logistics Business Review. Recently he has been working tirelessly to analyse stocks for our readers, and is always available to hear from people asking for stock analysis.


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