Our Analysis of iShares Commodities Select Strategy ETF ($COMT) (2019-11-18)

REPORTING FOR 2019-11-18 | LOGISTICS-BUSINESS-REVIEW.COM: We have done an in-depth analysis of how COMT has been trading over the last 2 weeks and the past day especially. On its latest session, iShares Commodities Select Strategy ETF ($COMT) opened at 32.39, reaching a high of 32.4817 and a low of 32.302 before closing at a price of 32.38. There was a total volume of 78921.

VOLUME INDICATORS FOR ISHARES COMMODITIES SELECT STRATEGY ETF ($COMT): We saw an accumulation-distribution index of 307.509, an on-balance volume of -32.27, chaikin money flow of 2.9193 and a force index of -0.00042. There was an ease of movement rating of 3e-05, a volume-price trend of 0.60905 and a negative volume index of 1000.0.

VOLATILITY INDICATORS FOR ISHARES COMMODITIES SELECT STRATEGY ETF ($COMT): We noted an average true range of 0.22155, bolinger bands of 32.34954, an upper bollinger band of 32.20246, lower bollinger band of 32.302, a bollinger high band indicator of 1.0, bollinger low band indicator of 1.0, a central keltner channel of 32.39123, high band keltner channel of 32.29953, low band keltner channel of 32.48293, 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 32.302, a donchian channel low band of 32.302, a donchian channel high band indicator of 1.0, and a donchian channel low band indicator of 1.0.

TREND INDICATORS FOR ISHARES COMMODITIES SELECT STRATEGY ETF ($COMT): We calculated a Moving Average Convergence Divergence (MACD) of -0.00117, a MACD signal of -0.00065, a MACD difference of -0.00052, a fast Exponential Moving Average (EMA) indicator of 32.302, a slow Exponential Moving Average (EMA) indicator of 32.302, 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 0.31427, a trix of 1.85893, a Mass Index (MI) of 1.0, a Commodity Channel Index (CCI) of -66.66667, a Detrended Price Oscillator (DPO) of -0.584, a KST Oscillator (KST) of 18.41226 and a KST Oscillator (KST Signal) of 18.41226 (leaving a KST difference of -0.40986). We also found an Ichimoku rating of 32.43585, an Ichimoku B rating of 32.43585, a Ichimoku visual trend A of 31.92197, an Ichimoku visual trend B of 31.93632, 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 COMMODITIES SELECT STRATEGY ETF ($COMT): 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 86.90476, a stochastic oscillator of 195.9651, a stochastic oscillator signal of 195.9651, a Williams %R rating of 95.9651 and an awesome oscillator of 0.00034.

RETURNS FOR ISHARES COMMODITIES SELECT STRATEGY ETF ($COMT): There was a daily return of 1.84123, a daily log return of -0.16111 and a cumulative return of -0.16098.

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 2019-11-18 (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 Commodities Select Strategy ETF ($COMT)…

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 Commodities Select Strategy ETF ($COMT) 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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