The firm owned 79,101 shares of the exchange traded fund's stock after buying an additional 3,749 shares during the period. iShares TIPS Bond ETF makes up approximately 1.3% of Makena Capital Management LLC's holdings, making the stock its 5th largest position. The Relative Strength Index (RSI) is an often employed momentum oscillator that is used to measure the speed and change of stock price movements.
Taking a glance from a technical standpoint, Ishares 1-5Yr Laddered Corp Bond ETF (CBO.TO) presently has a 14-day Commodity Channel Index (CCI) of -81.35. The ADX was introduced by J. Welles Wilder in the late 1970's and it has stood the test of time. Moving averages are considered to be lagging indicators that simply take the average price of a stock over a specific period of time. After a recent check, the 14-day RSIfor Core US Treasury Bond ETF Ishares (GOVT) is now at 51.54, the 7-day stands at 54.10, and the 3-day is sitting at 66.39. The CCI technical indicator can be used to help determine if a stock is overbought or oversold. A CCI reading closer to +100 may indicate more buying (possibly overbought) and a reading closer to -100 may indicate more selling (possibly oversold). In general, if the reading goes above -20, the stock may be considered to be overbought. The RSI was created by J. Welles Wilder who was striving to measure whether or not a stock was overbought or oversold. Universal Bond Ishares (IUSB) has a 14-day RSI of 54.54, the 7-day is at 59.73, and the 3-day is resting at 77.39.
iShares Barclays 20+ Yr Treas.Bond (NASDAQ:TLT) traded up $0.44 during trading on Wednesday, reaching $127.68. The original guidelines focused on creating buy/sell signals when the reading moved above +100 or below -100. The ADX is typically used in conjunction with the Plus Directional Indicator (+DI) and Minus Directional Indicator (-DI) to help spot trend direction as well as trend strength. Rising trends are defined by a trendline that is drawn between two or more troughs (low points) to identify price support.
Investors may also be looking to compare the current stock price of Hongkong Ld Hldg ADR (HNGKY) to some of its moving averages. At the time of writing, the 14-day ADX for Core US Treasury Bond ETF Ishares (GOVT) is noted at 10.63. The indicator is non-directional meaning that it gauges trend strength whether the stock price is trending higher or lower. Values can range from 0 to -100. Many technical analysts believe that an ADX value over 25 would suggest a strong trend. The RSI may be useful for spotting abnormal price activity and volatility. They may also be used to help find support or resistance levels. Although the CCI indicator was developed for commodities, it has become a popular tool for equity evaluation as well. A value of 50-75 would identify a very strong trend, and a value of 75-100 would lead to an extremely strong trend.
The Relative Strength Index (RSI) is a highly popular technical indicator.
The 14-day ADX for Ishares 1-5 Year Laddered Government Bond Index (CLFMF) is now sitting at 48.62. Moving averages are a popular trading tool among investors. The RSI oscillates on a scale from 0 to 100. The 14-day ADX presently sits at 26.89.
Bank of Montreal (BMO.TO) now has a 14-day Commodity Channel Index (CCI) of 228.71. The Williams %R fluctuates between 0 and -100 measuring whether a security is overbought or oversold. On the other hand, a reading of -100 would imply that the stock is oversold and possibly set for a rally.